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Euro Down Slightly After Weekend On Spain Worry
by admin
1 May 2012 at 4:41am
Yesterday the euro was down slightly compared to the U.S. dollar, 1.321 to 1.325 dollars compared to last Friday, particularly affected by the disturbing news growing on Spain. The Spanish economy has again contracted by 0.3% in real terms in the first quarter 2012 compared to the last of 2011, according to the National Statistics Institu Read more ...
Euro Stability Still A Concern On Forex Markets
by admin
24 Apr 2012 at 8:13am
Parity between the euro / dollar is now almost perfectly balanced on the currency market: at around 13:00 hours, the euro was trading at 1.3156 (- 0.01%). Slightly increased towards the yen to 106.9. Nothing to report in the forex market on the state of the euro / Swiss franc, which is stable at 1.2021. ‘We expect fu Read more ...
Euro Mixed Against All Other Majors
by admin
18 Apr 2012 at 7:53am
The single currency was losing again today, dropping below $1.31 (EUR/USD) on Wednesday afternoon, amid persistent doubts about the sovereign status of Europe. At this time, the euro yield is 0.42% against the greenback at 1.3073 dollars per euro. The IMF reviewed yesterday, downgrading its growth forecast for Spain in 2012, which shows a Read more ...
Fed Keeps Rates Low ? Euro Seems Without Trend
by admin
14 Mar 2012 at 6:40am
The single European currency remained without a major trend against the U.S. dollar in the wake of a highly anticipated meeting of the Monetary Policy Committee of the Fed, whose tone lately has been quite positive for the Dollar. The Euro dropped yesterday afternoon from 0.04% to 0 Read more ...
Bernanke comments causes sell off
by Tom
1 Mar 2012 at 4:55am
Market sentiment received a bit of a boost yesterday when the results of the ECB?s long-awaited second long-term liquidity operation (LTRO) showed strong demand for the cash from European banks. The ECB lent 800 banks ?529.5 billion, somewhat above the ?450 billion that the market had been anticipating and the ?489 billion lent to 523 fi Read more ...
Euro firm however downside risks remain
by Tom
28 Feb 2012 at 8:36am
Today the euro remains firm versus the dollar and sterling, trading in relatively tight ranges despite the announcement from ratings agency Standard & Poor?s that it is cutting Greece?s long term credit trading to selective default. Such a move was already expected and indeed factored in, though yesterday?s comments from EU Commission Read more ...
Euro upside following Greek deal
by Tom
22 Feb 2012 at 9:34am
Having retreated from near two-week highs as optimism over the long-awaited Greek bailout deal faded to be replaced by underlying concerns over growth and implementation risks, the euro has traded in a relatively tight range versus the dollar over the past 24 hours. Parliaments in three countries (Germany, the Netherlands and Finland) must now a Read more ...
Euro upside following Greek Deal
by Tom
21 Feb 2012 at 9:20am
The euro gained some ground in early morning trade briefly breaking through key resistance after eurozone finance ministers finally sealed the details of a second ?130 billion bailout package for Greece. There was also agreement on the details of Greek?s deal with private sector investors, who are now expected to take a haircut in excess of Read more ...
Euro sold as Greek Deal lingers
by Tom
16 Feb 2012 at 4:35am
The euro started yesterday with a firmer tone on the news that China would continue investing in euro debt and pledges from the Greek opposition Conservative Party to commit to tough austerity measures. This was before the latest twist in the on-going Greek debt saga saw renewed pressure on the single currency, which has fallen back to trade at Read more ...
UK on watch for credit downgrade
by Tom
14 Feb 2012 at 4:09am
The Bank of Japan surprised markets overnight, as it decided to expand its asset buying programme by Y10 trillion to Y65 trillion (the entire amount will be used for the purchase of long term government bonds) and set a price stability goal of 1%. In doing so it is abandoning its long used ?understanding of price stability? phrase. The conse Read more ...

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Venture Capital News and Information on Yahoo! Finance
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The Venture Capital Myth
17 May 2012 at 11:15am

Many investors believe they are deprived of high returns generated by venture capital funds. They read about the success of Groupon, LinkedIn, Facebook, and others with envy because most individual investors ...


Meet our new NYC startup reporter
17 May 2012 at 11:08am

Ki Mae Heussner is the newest member of GigaOM New York team. Along with Ryan Kim and our PaidContent colleagues, we are ramping up coverage in the big city. Our focus is the startup ecosystem, changing ...


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Shock Wave Coming: 'Gold & currencies basket to substitute US dollar'

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Dollar index slips after 14-session rally - MarketWatch

18 May 2012 at 1:00pm 

Wall Street Journal

Dollar index slips after 14-session rally
MarketWatch
By Myra P. Saefong and William L. Watts, MarketWatch SAN FRANCISCO (MarketWatch) ? The dollar edged lower Friday after its longest rally since at least 1985, with currency investors eagerly awaiting news from this weekend's Group of Eight meeting as ...
Yen Jumps Versus DollarWall Street Journal
Euro remains close to annual lowsFinancial Times

all 28 news articles »


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$A a chance of getting back above parity - The Canberra Times

18 May 2012 at 11:59am  The median forecast for the Australian dollar at the end of the June and September quarters is 100.00 US cents, rising to 101.00 US cents in December. "Currency forecasting is one of the most difficult things you can do," IG Markets analyst Chris Weston said.

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Rupee dips to new intra-day low of 54.91 to a dollar - New York Daily News

18 May 2012 at 10:04am 

Business Today

Rupee dips to new intra-day low of 54.91 to a dollar
New York Daily News
The rupee had hit a low of 54.60 against a dollar Thursday, surpassing previous day's record of 54.52. Increased demand for the American currency from importers and capital outflows was adding pressure on the Indian currency.
Rupee Tumbles to Record Low on Europe Debt Concern: Mumbai MoverBusinessWeek
Roller coaster ride for Re; hits record low but ends 5 paise upHindustan Times
Rupee rebounds after hitting latest record low. Full ArticleReuters India
Business Standard -Economic Times
all 831 news articles »


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