Currency News

 
CNNMoney
Euro's parachute drop has no end - The Buzz
CNNMoney
By Paul R. La Monica May 25, 2012: 12:57 PM ET So much for the euro currency holding up well versus the dollar. The euro has plunged 5% in the past month. That's like a 50% move for a stock. Sleepy currencies don't often move that sharply in such quick ...
Euro Touches 22-Month Low Amid Spain's Funding Plea; Real RisesSan Francisco Chronicle
FOREX-Euro stuck near 2-year lows as EU jitters rattle marketsReuters
PRECIOUS METALS: Gold Bounces On Steady Euro; Falls 1.4% In WeekWall Street Journal
Economic Times -Gold Seek -Reuters UK
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Independent Online
US declines to cite China as currency manipulator
Fox News
WASHINGTON – The US government said Friday that China has made progress in allowing its currency to rise against the dollar and declined to accuse the nation of manipulating its currency to gain a trade advantage. The decision issued by the Treasury ...
Treasury says China isn't currency manipulatorMarketWatch
U.S.Treasury Declines to Name China Currency ManipulatorBloomberg
US says China not seeking trade edge with weak yuanChicago Tribune

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Asian Currencies Drop a Fourth Week as EU Crisis Hurts Exports
Bloomberg
Asian currencies fell for a fourth week, the longest stretch of losses this year, on speculation Europe's debt crisis will stall the global economic recovery and hurt demand for the region's exports. Official reports this week showed China's ...

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The Hindu
India Inc exposed by unhedged dollar debt
Economic Times
SINGAPORE: As the rupee hits record lows against the US dollar, Indian companies, holding nearly US$100 billion in foreign-currency debt, are finding themselves dangerously exposed, and unhedged dollar debt could spell billions in losses for local ...
India's Growth De-Rated as Rupee Constrains Subbarao: EconomyBusinessWeek
Rupee posts eighth weekly drop, RBI intervenesTimes of India
Rupee posts eighth weekly drop; RBI intervenesFirstpost
The Hindu -New York Times (blog)
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euronews
Will Greece Exit The Euro Currency?
Inside Futures
In recent weeks, the probability of Greece exiting the euro currency has vastly increased. It is possible that Greece could run out of funds by early July without additional financial support, increasing the possibility that Greece will leave the euro ...
Euro zone citizens want to keep common currency: pollReuters
Euro Drubbing Continues; Currency At New 22-Month LowWall Street Journal
Euro Crisis: Is the Currency (Finally) Doomed?TIME
euronews -LoanSafe
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ETF Trends
Euro Rebounds From Week Lows
Wall Street Journal
By EVA SZALAY LONDON—Currency markets traded steadily after a turbulent few days ahead of the long weekend in the US, helping the euro and higher-yielding currencies that are enjoying a rebound from lows seen earlier this week. In early New York trade ...
Greek euro exit threat challenges Swiss franc capReuters
Safe-Haven Currency ETFs Shine in Euro CrisisETF Trends
Euro falls to 22-month lowMarketWatch
The Australian -DailyFX
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Brazil's Real Rallies Past 2 Per Dollar as Currency Swaps Sold
BusinessWeek
By Josue Leonel and Blake Schmidt on May 25, 2012 The real advanced to a level stronger than 2 per dollar for the first time in a week after the central bank auctioned currency swaps for a fourth consecutive day to support the exchange rate.
Brazilian Real Rises as Central Bank Announces Currency SwapsBloomberg

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