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Archive for  December 2012

    • News Desk
    • Dec 9th, 2012
    • Comments Off on Brazil rates rise sharply, Mexican peso gains

    Yields on Brazil's interest-rate futures rose sharply on Friday after higher-than-forecast inflation data reduced the scope for additional monetary easing next year, while the Mexican peso gained after encouraging US payrolls data. Bets that Brazil

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    • News Desk
    • Dec 9th, 2012
    • Comments Off on Dollar climbs versus euro on jobs data; Fed eyed

    The US dollar gained against the euro on Friday for the third straight day after the release of better-than-expected US jobs data, but less-encouraging details within the report should limit the currency's gains ahead of

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  • Key Euribor bank-to-bank lending rates fell on Friday, a day after European Central Bank President Mario Draghi said the bank discussed cutting interest rates at its December meeting but in the end decided to leave

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    • News Desk
    • Dec 9th, 2012
    • Comments Off on Speculators cut US dollar bets for second week

    Currency speculators slashed bullish bets on the US dollar for a second straight week while they increased short yen positions to a more than five-year high, according to data from the Commodity Futures Trading Commission

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  • The Canadian dollar strengthened for the fourth straight session and jumped to a one-month high against the US dollar on Friday, after both the Canadian and US economies added more jobs than expected in November.

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    • News Desk
    • Dec 9th, 2012
    • Comments Off on Long positions on Philippine peso at two-year high

    Bullish bets on the Philippine peso rose to the highest in more than two years during the past two weeks, while investors almost doubled long positions on the Malaysian ringgit, a Reuters poll showed on

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    • News Desk
    • Dec 9th, 2012
    • Comments Off on Australian radio station says no wrongdoing in royal prank call

    The Australian radio station behind a prank phone call to a London hospital that was treating Prince William's pregnant wife Kate said on Saturday it had done nothing wrong and no one could have foreseen

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    • News Desk
    • Dec 9th, 2012
    • Comments Off on Ten of thousands celebrate Hamas anniversary in Gaza

    Tens of thousands of Palestinians, many waving green flags or wearing green headbands, filled a central Gaza City square Saturday to celebrate the 25th anniversary of the Islamist Hamas movement. The square was decorated with

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    • News Desk
    • Dec 9th, 2012
    • Comments Off on Syria warns rebels may use chemical weapons

    Syria warned on Saturday that rebels could use chemical weapons in their fight against President Bashar al-Assad's forces, and insisted that the regime will never unleash such arms on its own people. British Foreign Secretary

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    • News Desk
    • Dec 9th, 2012
    • Comments Off on US extends waivers on Iran sanctions to China and India

    The United States granted 180-day waivers on Iran sanctions to China, India and a number of other countries on Friday in exchange for their cutting purchases of oil from the Islamic Republic. President Barack Obama's

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