Greenback growth spurred by Bernanke Congressional testimony

Posted On: February 29, 2012
Testimony from the chairman of the U.S. Federal Reserve boosted the value of the dollar on Wednesday against the common currency of the European Union. [More]

Category: Industry News

Real slips as government intervenes Real slips as government intervenes Real slips as government intervenes

Posted On: February 29, 2012
The Brazilian real lost value against the world's reserve currency on Wednesday, a consequence of the government of the South American nation offering reverse currency swaps. [More]

Category: Industry News

Reuters: Dollar Up Versus Yen, Euro After Bernanke Speaks

Posted On: February 29, 2012
From Reuters NEW YORK, Feb 29 (Reuters) - The dollar rose against the euro and yen on Wednesday after analysts said the U.S. Federal Reserve chairman hinted the bank was in no rush to expand its bala... [More]

Category: Media Coverage

Euro falls against greenback as loan program begins

Posted On: February 29, 2012
Wednesday saw the value of the common currency of the European Union drop against the U.S. dollar as the European Central Bank opened a loan program to provide embattled euro zone banks with liquidity. [More]

Category: Industry News

Loonie climbs amid strength of LTRO by ECB

Posted On: February 29, 2012
The value of the Canadian dollar gained on Wednesday against its southerly rival in response to roughly 800 euro zone banks borrowing the equivalent of $712.2 billion from the central bank of Europe. [More]

Category: Industry News

Swedish krona drops to euro

Posted On: February 29, 2012
The value of the Swedish krona fell against the shared currency of the European Union on Wednesday. [More]

Category: Industry News

China Daily USA: Exporters Urged to Push for Settlement in Yuan

Posted On: February 29, 2012
From China Daily USA BEIJING - Chinese exporters should encourage payment in the yuan, or renminbi, to cut costs, improve efficiency and act as "first movers" for internationalization of the currency... [More]

Category: Media Coverage

Greek Debt Downgrade Boosts UK Gilts

Posted On: February 28, 2012
An international credit agency slashing Greece's credit rating helped drive up 10-year gilts from the U.K. [More]

Category: Industry News

South African currency rides five-day rally

Posted On: February 28, 2012
Tuesday saw the value of the South African rand climb to its top value in five months against the U.S. dollar amid optimism for the European Central Bank kicking off more liquidity boosting on Wednesday. [More]

Category: Industry News

This is Money: ECB to Flood European Banks with Billions More in Cheap Loans

Posted On: February 28, 2012
From This is Money The financial system is set to be flooded with another wave of cheap money when the European Central Bank launches a second round of cut-rate three-year loans to the region's banks... [More]

Category: Media Coverage