Americas
Monday, 17 October 2011 19:30
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NEW YORK: The dollar fell to a session low against the yen on Monday as investors continued to shun risk after the German Finance Minister said the upcoming EU summit would not definitively solve the region's debt crisis.
The dollar was last down 0.7 percent at 76.668 yen on electronic trading platform EBS after going as low as 76.60 yen. It was the largest one-day percentage drop since Aug. 26 at current prices, according to EBS data on Reuters.
Copyright Reuters, 2010 ...
TORONTO: The Canadian dollar climbed against its US counterpart on Friday and notched its biggest weekly gain in more than three months as optimism grew that Europe is on track to resolve its debt crisis and that North America might dodge a recession.
Group of 20 finance ministers and central bank chiefs began two days of talks in Paris on Friday, which investors hope will provide a basis for a draft plan to stem the debt ...
LIMA: Peru's central bank offered to place 200 million soles ($74 million) in deposit certificates on Friday as the sol strengthened 0.26 percent to 2.717 per US dollar, its strongest level since April 2008.
Copyright Reuters, 2011 ...
NEW YORK: The euro recovered most losses against the dollar on Thursday to trade at the New York session peak after running through stop loss orders.
The euro was last little changed at $1.3795 on electronic trading platform EBS. It reached a New York session peak of $1.37958 in late afternoon New York trade after running through stops at $1.3775, one analyst said.
The global session peak of $1.3827 was reached earlier in the global trading day. ...
WASHINGTON: A day after the US Senate passed legislation to punish China for its alleged currency manipulation, House Speaker John Boehner signaled Wednesday he would block the bill to prevent a "trade war."
"Given the volatility in the world markets, given the uncertainty about the world economy, for the Congress of the United States to be taking this step at this moment in time poses a very severe risk of a trade war," he said.
Boehner's comments ...
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