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Archive for  December 2012

    • News Desk
    • Dec 13th, 2012
    • Comments Off on Dollar falls against higher-yielding currencies

    The dollar fell versus higher-yielding currencies including the Australian and New Zealand dollars on Wednesday on expectations the US Federal Reserve would opt to pump yet more money into its domestic banking system. But it

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    • News Desk
    • Dec 13th, 2012
    • Comments Off on Early trade in New York: dollar comes under pressure before Fed

    The US dollar dropped against the euro and high-yielding currencies such as the Australian and New Zealand dollars on Wednesday on expectations the Federal Reserve would opt to pump more money into the US banking

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  • The euro rose against the dollar for a second straight day on Tuesday as surprisingly strong German economic sentiment and optimism the United States will avoid a fiscal crisis had investors broadly embracing risk. The

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    • News Desk
    • Dec 13th, 2012
    • Comments Off on Bangladesh’s interbank forex, interest rates

    Interbank buy/sell rates for the taka against the dollar on Wednesday. 80.60-80.65 (previous 80.80-80.80). Call Money Rates: 07.75-08.00 percent (previous 07.00-08.75 percent). Copyright Reuters, 2012

  • China's yuan touched its weakest level in nearly eight weeks on Wednesday, and traders said forceful central bank intervention has restored dollar demand to the market and broken a long deadlock that had decimated trading

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  • The South Korean won hit a 15-month high for the third straight day and most emerging Asian currencies held firm on Wednesday, supported by expectations for more US monetary stimulus. News of a rocket launch

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    • News Desk
    • Dec 13th, 2012
    • Comments Off on Australian and New Zealand dollars at multi-month peaks

    The Australian and New Zealand dollars stretched to multi-month highs on the greenback and yen on Wednesday on expectations of further stimulus in the United States and Japan. The kiwi dollar rallied to 69.38 yen,

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    • News Desk
    • Dec 13th, 2012
    • Comments Off on Sterling hits six-week high against dollar

    Sterling hit a six-week high against the dollar on Wednesday, helped by the prospect of further easing from the US Federal Reserve and a better-than-expected UK employment report. Some strategists said the pound could extend

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  • The Swiss franc trod water against the dollar and the euro on Wednesday as investors sat on the sidelines ahead of the Swiss National Bank's quarterly monetary policy assessment later in the week. The franc

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  • India's BSE index fell for a fourth session on Wednesday as Hindustan Unilever was hit by worries over higher royalty payments, but non-banking financials rose after the government reached an agreement with the opposition on

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