Saturday, January 10, 2009

The euro at ten : Demonstrably durable

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

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

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