| Japanese yen tends to rise in August, report says (at MarketWatch) Japanese officials seeking a weaker yen are fighting the calendar, as history shows the Japanese currency tends to rise in value in August, according to a report Tuesday. The yen has risen in eight of the past 10 Augusts, and 15 times in the past 20 Augusts, according to the Nikkei business daily. us.rd.yahoo.com |
China speeds up yuan s global ascent (at Reuters) China has accelerated a programme to gradually internationalise its currency, encouraging greater use of yuan in settling trade and giving foreigners more avenues for investing their yuan holdings. us.rd.yahoo.com |
British Pound Maintains Range, Euro Consolidates [DailyFX] - The British Pound is the best performing currency against the U.S. dollar on Monday after extending the advance from the previous week, while the Euro halted the four-day rally, with the exchange rate slipping to a low of 1.3667. finance.yahoo.com |
Euro extends losses vs dollar, falls below $1.40 The euro extended declines versus the U.S. dollar to trade below $1.40 on Friday as traders said the currency's latest rally was too far, too fast. us.rd.yahoo.com |
NZ dollar heads for monthly decline The New Zealand dollar is heading for its first monthly decline since August as investors' nerves over the European sovereign debt crisis shifts its focus to Portugal.The kiwi dollar has dropped 2.8 per cent this month, the first... nzherald.co.nz |