China's yuan strengthens on flexibility talk

China's yuan strengthens on flexibility talk
Reuters via Yahoo! Asia News - Nov 03 1:56 AM
SHANGHAI, Nov 3 (Reuters) - China's yuan strengthened against the dollar as dealers took note of the latest comments on yuan flexibility from Beijing, with Alan Greenspan expected to discuss the currency in Washington.Save to My Web

BMW Profit Falls on Material Costs, Currency Shifts (Update6)
Bloomberg.com - Nov 03 2:40 AM
Nov. 3 (Bloomberg) -- Bayerische Motoren Werke AG, the world's largest maker of luxury cars, said quarterly profit fell as the company wrestled with higher steel costs and currency- exchange shifts as well as a one-time writedown.Save to My Web

European Economies: Trichet Says ECB Is Ready to Raise Rates
Bloomberg.com - 39 minutes ago
Nov. 3 (Bloomberg) -- European Central Bank President Jean- Claude Trichet said policy makers are prepared to increase interest rates to contain inflation amid surging energy costs.Save to My Web

Currency Focus: Canadian Dollar Gains On Further Rate Hike Momentum
Daily FX - Nov 01 11:32 AM
The Loonie is trading up against the US dollar going into midday trading as the USDCAD currency pair is down 0.51 percent at 1.1760. The gains stem from a political report indicating Prime Minister Paul Martin had no part in an advertising scandal that shook the Liberal Party from its legislative majority.Save to My Web