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Archive for  December 2012

    • News Desk
    • Dec 22nd, 2012
    • Comments Off on FTSE weakens after US fiscal talks stumble

    Britain's top shares fell on Friday after a choppy session as anxiety over US budget negotiations took its toll on investor sentiment. The FTSE 100 shed 18.35 points, or 0.3 percent, to 5,939.99, having lost

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  • The Swiss franc tracked the euro lower against the dollar on Friday afters US lawmakers failed to reach a deal to avoid the growth-sapping tax hikes and spending cuts that could push the world's largest

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  • China's yuan moved a touch firmer against the dollar on Friday, shrugging off a stronger greenback that rose as investors turned to safer assets on worries the US could go over the looming "fiscal cliff".

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  • The euro fell and the yen firmed on Friday after a US Republican plan aimed at avoiding a fiscal crunch failed to gain enough support, deepening uncertainty over the chances of a deal by year-end.

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    • News Desk
    • Dec 22nd, 2012
    • Comments Off on Dollar surges against growth-linked currencies

    The dollar rose against growth-linked currencies on Friday after talks to resolve a budget crisis stalled, fuelling concerns the world's largest economy could be tipped into recession. The dollar, however, lagged the yen, as investors

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    • News Desk
    • Dec 22nd, 2012
    • Comments Off on Midday trade in New York: dollar rallies

    -The dollar firmed on Friday as investors sought safety after US budget negotiations to avert spending cuts and tax increases took a turn for the worse, fuelling concerns the United States could slide into recession.

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  • Currencies held to tight ranges in thin pre-holiday trade on Thursday, with the euro see-sawing against the US dollar while investors struggle to gauge developments on US budget talks against a backdrop of generally positive

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    • News Desk
    • Dec 22nd, 2012
    • Comments Off on Australian and New Zealand dollars slip versus yen

    The Australian and New Zealand dollars slipped against the yen on Thursday after the Bank of Japan (BoJ) eased policy but failed to take the bold action the market was betting on to bolster a

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  • The Indian rupee hit a three-week low on Friday, extending its fall for a third straight week, as uncertainty over the US "fiscal cliff" resolution dented demand for risk assets including domestic equities. "INR has

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  • Most emerging Asian currencies slid on Friday as deepening uncertainty over a US budget deal prompted investors to reduce risky assets after a Republican attempt to avert the US "fiscal cliff" failed. The Indonesian rupiah

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