Europe’s single currency has been a haven in recent financial storms. But as capital markets become more discriminating, it no longer affords shelter from reform.
http://www.economist.com/world/europe/displaystory.cfm?story_id=12851352
Saturday, January 10, 2009
Monday, January 5, 2009
Dollar Rally Fizzling as Fed Triggers Risk Appetite
The dollar, yen and Swiss franc may weaken this year against 2008’s biggest losers in the currency markets as the global economy starts to recover, the largest foreign-exchange strategists and investors say.
http://www.bloomberg.com/apps/news?pid=20602081&sid=ayd7yHjUDd50&refer=benchmark_currency_rates
http://www.bloomberg.com/apps/news?pid=20602081&sid=ayd7yHjUDd50&refer=benchmark_currency_rates
Dollar Rises to Three-Week High Against Euro on U.S. Stimulus
The dollar rose to a three-week high against the euro and advanced versus the yen on speculation President-elect Barack Obama's fiscal stimulus will help the U.S. economy recover from recession.
http://www.bloomberg.com/apps/news?pid=20602081&sid=aa7ZEWgitnJs&refer=benchmark_currency_rates
http://www.bloomberg.com/apps/news?pid=20602081&sid=aa7ZEWgitnJs&refer=benchmark_currency_rates
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