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Tuesday November 24, 2009
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Currency Appreciation News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest Currency Appreciation News

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  • Dollar, Yen May Extend Decline as US Housing Gain Buoys Risk 24 Nov 2009 00:15 GMT
    ... drop against all of the other major currencies as sales of existing U.S. homes rose ... stopped short of declining beyond $1.50 per euro, a level where orders to buy the ... long is a bet a currency will appreciate. The dollar traded at $1.4961 per euro ...

  • Sliding dollar drives gold to record high 24 Nov 2009 02:22 GMT
    ... a record high. At 2200 GMT, the euro climbed to $1.4963 from 1.4860 late in ... considered a negative factor for the US currency, would give more flexibility to US policymakers. ... commodity imports for those whose currencies not appreciating against the dollar rapidly enough to offset ...

  • Japan Stocks Fall on Deflation Outlook; Dollar, Yen Advance 24 Nov 2009 05:16 GMT
    ... and yen rose against all the most-traded currencies tracked by Bloomberg. Investors retreated from riskier ... climbed as high as $1.4938 to the euro, while the yen rose to 132.72 against ... the region will favor slower rates of appreciation to support exporters. The peso dropped 0.4 ...

  • Asian Stocks Fall on Share-Sale Concerns; Dollar, Yen Advance 24 Nov 2009 06:46 GMT
    ... all the rest of the 17 most-traded currencies tracked by Bloomberg. Investors retreated from riskier ... climbed 0.2 percent to $1.4924 to the euro, while the yen rose 0.5 percent to ... the region will favor slower rates of appreciation to support exporters. The peso dropped 0.4 ...

  • Yuan ends up, but trades lower than c.bank rate 24 Nov 2009 11:52 GMT
    ... * Capital controls cause dollar shortfall despite FX reserves * Yuan appreciation expectations spark dollar settlement * Yuan seen ... reference rate slightly higher, but the Chinese currency traded below the central bank's rate due ...

  • EU has faint hope in quest for stronger yuan 24 Nov 2009 12:34 GMT
    ... the U.S. president. China regards a firmer currency as part of the strategy for eventually ... has no appetite right now for renewed appreciation of the yuan, which has been re-pegged ... Jean-Claude Juncker, who chairs the Eurogroup of euro-zone finance ministers; and Joaquin Almunia, the EU's ...

  • PREVIEW-EU has faint hope in quest for stronger yuan 24 Nov 2009 09:51 GMT
    ... the U.S. president. China regards a firmer currency as part of the strategy for eventually ... has no appetite right now for renewed appreciation of the yuan, which has been re-pegged ... Jean-Claude Juncker, who chairs the Eurogroup of euro-zone finance ministers; and Joaquin Almunia, the EU's ...

  • Rupee appreciates 0.24% at 46.60 vs USD 24 Nov 2009 08:46 GMT
    ... The Reserve Bank of India`s (RBI) reference rate for ... rate for rupee depreciated 0.24% against US dollar at 46.60 on November 24 as compared ... 23). Meanwhile, the rupee depreciated 0.20% against Euro at 69.57 on November 24, as compared ...

  • America's currency quarrel with China 24 Nov 2009 05:30 GMT
    ... of gross domestic product. This made the dollar vastly cheaper, but China, to protect its ... export industries, has responded by linking its currency to the plunging buck. Thus, U.S. exports ... Accord, the intergovernmental agreement that called for appreciation of the Japanese yen and the West ...

  • Dollar influx hits exporters hard 24 Nov 2009 08:23 GMT
    ... on November 11 against the major world currencies. "It is estimated that the rupee may ... may strengthen to around 44 to a dollar, creating difficulties for the MSME export sector, ... stocks this year has resulted in the appreciation of the rupee by 4.8 per cent," ...

  • Economist: China should give yuan a boost 24 Nov 2009 01:27 GMT
    ... Economist: China should give yuan a boost Beijing -- A UBS AG ... said Beijing should allow the yuan to appreciate to stem inflation that could result from an influx of currency speculation. Economist Wang Tao said, "China's economic ...

  • HK dollar stays on the strong side on capital inflows 24 Nov 2009 06:54 GMT
    ... rates, click on. * The Hong Kong dollar held at the top of its trading ... buy U.S. dollars to stem the local currency's appreciation. * A senior dealer at a local ...

  • Weak dollar helps Cat, McDonald's 24 Nov 2009 09:18 GMT
    ... declined against all 16 of the most-active currencies this year as the government sold record ... as much as 7.1 percent versus the euro. Odds of a Fed increase don't exceed ... is strong." To keep their currencies from appreciating too fast, governments in developing nations have ...

  • Euro-Zone Industrial Orders Advances for a Sixth Month in September 24 Nov 2009 12:51 GMT
    ... prior amid expectations of 1.0% as the euro-zone pulls out of its worst recession in ... in November, thus, adding onto the euro’s appreciation and what IFO’s Nerb says “could be ... reports and political events that influence the currency market. Learn with a free practice account ...

  • Case for adjusting pay to euro gains, says Siptu chief 24 Nov 2009 01:26 GMT
    ... CONSIDERATION should be given to adjusting pay levels to respond to the appreciation of the euro against other currencies, but any changes should be based on agreement and implemented over time, Siptu president ...


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