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Archive for  December 2012

    • News Desk
    • Dec 8th, 2012
    • Comments Off on Australian and New Zealand dollars hold hefty gains

    The Australian and New Zealand dollars held hefty gains versus the euro and yen on Friday and were close to two-month peaks against their US counterpart, putting both currencies on track to end the week

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  • The euro languished at one-week lows against the greenback on Friday, having suffered a major setback after the European Central Bank painted a bleak outlook for the euro zone and discussed cutting interest rates. The

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  • The euro fell to a nine-day low against the dollar on Friday after the Bundesbank slashed its growth outlook for Germany, with the currency at risk of more losses on prospects of a euro zone

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    • News Desk
    • Dec 8th, 2012
    • Comments Off on Early trade in New York: dollar climbs versus euro after jobs data

    The dollar edged higher against the euro on Friday after a government report showed US employment grew more than expected in November, but the less-encouraging details limited gains. The dollar had soared immediately after the

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  • The euro was on track for its sharpest decline against the dollar in a month on Thursday after comments from the European Central Bank chief and a downgrade to the region's growth and inflation forecasts

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  • Corporate trade in yuan shifted to the less tightly regulated forwards market on Friday, as the central bank forced a weaker exchange rate against the dollar on a market that was unwilling to deal at

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  • The Indian rupee fell on Friday, snapping three sessions of gains, dragged by the euro's weakness, but dealers said that the local currency may gain if the government can push through more reforms in parliament

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  • Sterling hit a two-week high against the euro on Friday after the German central bank cut the country's growth forecast and speculation of a future European Central Bank rate cut increased. The pound fell against

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  • Third-tier English club Bradford City have been removed from the FA Cup for fielding an ineligible player, the Football Association announced on Friday. Curtis Good, on loan at the club from Newcastle United, played in

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    • News Desk
    • Dec 8th, 2012
    • Comments Off on Dilshan retires with ton as Sri Lanka chase runs

    Tillakaratne Dilshan hit an unbeaten century and Kumar Sangakkara chipped in with a half-century as the touring Sri Lankans got in some batting practice on Friday ahead of next week's first Test against Australia. Sri

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