Gain or pain ahead for the euro?
Gain or pain ahead for the euro?
CNN.com - Nov 02 3:57 AM
LONDON, UK (Reuters) -- A European Central Bank interest rate rise could give the euro a shot in the arm but few analysts think the common currency will head back to the record levels hit at the end of last year.Save to My Web
China Should Have More Flexible Yuan, World Bank Says (Update2)
Bloomberg.com - Nov 02 10:31 PM
Nov. 3 (Bloomberg) -- China should allow the yuan to trade more freely as surging inflows of foreign currency are hampering monetary policy, World Bank Chief Economist Homi Kharas said.Save to My Web
Dollar Advances After Greenspan Says U.S. Economy Is `Firm'
Bloomberg.com - Nov 03 2:28 PM
Nov. 3 (Bloomberg) -- The dollar rose the most in four months against the euro after Federal Reserve Chairman Alan Greenspan said U.S. growth remains ``firm''' two days after the bank raised its benchmark interest rate.Save to My Web
Australian Dollar Slides to 4-Month Low as Yield Advantage Ebbs
Bloomberg.com - Nov 03 2:58 PM
Nov. 4 (Bloomberg) -- The Australian dollar fell to a four- month low amid speculation the central bank will next week signal interest rates are likely to be left unchanged, reducing demand for the country's bonds.Save to My Web
