Weak growth weighs on dollar

Fri, 30 Jul 2010 22:22:47 +0100

The dollar fell below Y86 for the first time in eight months on Friday as mounting concerns about the US economy led to broader weakness for the greenback

Dollar lower as carry trade returns

Thu, 29 Jul 2010 22:16:26 +0100

The Federal Reserve's cautious outlook for the world's biggest economy sends the dollar to a three-month low on a trade-weighted basis, as further fragile data adds to concern

Surging exports boost Swedish economy

Fri, 30 Jul 2010 15:00:11 +0100

The data promise to bolster the government's economic message ahead of the September 19 election, with recent polls showing the four-party Alliance edging ahead of the Red-Green opposition

Surge in German consumer confidence

Thu, 29 Jul 2010 14:13:11 +0100

Germans have become less worried about unemployment than at any time in the past two years, triggering a surge in consumer confidence in Europe's largest economy

Aussie falls on surprise inflation news

Wed, 28 Jul 2010 22:18:54 +0100

Price rises fell within the Reserve Bank of Australia's target range of 2-3 per cent for first time in three years, making rate rise unlikely, analysts say

IMF staff and board split on renminbi

Wed, 28 Jul 2010 19:06:50 +0100

The disagreement among the 24-member board on the currency weakens the pressure on China further to revalue the renminbi after it abandoned its peg to the dollar

China revs up renminbi expansion

Wed, 28 Jul 2010 17:50:47 +0100

The quest to turn the renminbi into an international reserve currency may take time, but Beijing is taking big steps in that direction.

Sterling at a five-month high against the dollar

Tue, 27 Jul 2010 23:04:13 +0100

Pound reaches a five-month high against the dollar

Toyota to expand overseas production

Tue, 27 Jul 2010 18:33:37 +0100

Toyota expects to begin building cars at a new assembly plant in India in December, and additional factories are planned for Brazil and China in 2012

Dollar valuation

Tue, 27 Jul 2010 16:46:32 +0100

Weak US growth bodes ill for the greenback in coming months, says Jens Nordvig, head of G10 currency strategy at Nomura

Surge in eurozone mortgage lending

Tue, 27 Jul 2010 12:19:03 +0100

Eurozone mortgage borrowing surged last month to the highest in almost two years in a sign that bank lending across the 16-country region may be flickering back to life

Euro makes progress versus the dollar

Mon, 26 Jul 2010 22:49:22 +0100

Results of reviews of the financial health of Europe's banks continue to lend support to the euro in spite of scepticism over the rigour of the process

UK growth fastest for four years

Fri, 23 Jul 2010 23:15:47 +0100

Britain's economy surged in the second quarter, expanding by 1.1 per cent – its fastest pace in four years

Strong GDP figures lift sterling

Fri, 23 Jul 2010 22:19:53 +0100

The pound surged after figures showed the UK economy grew at its fastest pace in four years in the second quarter

German business sentiment at three-year high

Fri, 23 Jul 2010 18:27:11 +0100

An upturn in German economic sentiment was confirmed by a surge in business confidence, which reached the highest level for three years in July, as employers reported a steady recovery in order books and cuts in the numbers on short-time working