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Orlando Sentinel (Free subscription) | 11/28/2008
The global financial crisis will make it harder for countries to agree on an ambitious new treaty to combat global warming and underscores the need to make green technologies profitable, the U.N. climate chief said Thursday.
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New Zealand Herald (Free subscription) | 11/25/2008
The New Zealand dollar firmed against a weakening US dollar this morning, but eased against other major currencies. The kiwi spiked to a week-high against the US dollar near US55.90c before easing to US54.54c by 8am, from US54.13c...
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Sufiy. (Free subscription) | yesterday
NEW YORK, Dec 1 (Reuters) - The recent strength of the U.S. dollar is expected to be temporary and the greenback remains at risk of a hard landing, which could drag down the U.S. economy and pull the global economy deeper into recession, a U.N. report said. Extreme risk aversion, a tumble in oil and other commodity prices, combined with the spread of the financial crisis caused a "massive"...
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Mineweb - Daily news headlines (Free subscription) | yesterday
A study on gold production shows unhedged Australian producers as a clear winner with the gold price having risen 32% in the past month in Australian dollar terms as opposed to the American Greenback.
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InformedTrades (Free subscription) | 11/30/2008
U.S. Dollar Retains Support in Currency Trading Greenback holds out agains the euro in forex tradingThe U.S. dollar is retaining its support in...
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Market Watch (Free subscription) | yesterday
China’s currency stages a record loss against the U.S. dollar Monday, falling to the lower end of its daily trading limit, in what some analysts say is a policy shift as authorities let the yuan depreciate against the greenback in an effort to help bolster the decelerating economy.
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New Zealand Herald (Free subscription) | yesterday
Currency: NZ dollar takes a tumble New 8:55AMThe New Zealand dollar tumbled this morning as sharp declines in United States, European and Chinese manufacturing activity unnerved investors and pushed world stock markets lower.The kiwi reached a two-month low against the Australian dollar, and sank to its lowest levels in around a week against the greenback and yen.By 8am, the kiwi was buying...
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CNNMoney.com (Free subscription) | yesterday
... are putting money in U.S. Treasurys." And Treasurys are bought in dollar denominations, giving the greenback further support.Meanwhile, the dollar lost ground against the Japanese yen, which bought ¥93.374 Monday, down from ¥95.482.The yen had been gaining strength as investors shifted assets from high-yielding currencies such as the euro and the pound into what is perceived as a safer haven....
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kansascity.com (Free subscription) | yesterday
MEXICO CITY The amount of dollars sent home by Mexicans living abroad has jumped 13 percent as the peso weakens against the U.S. currency.
Mexico's central bank says Mexicans sent home $2.4 million in October. That's a rise from the same month last year.
The peso dropped to record lows in October, briefly trading at 14 to the dollar as investors shed fled to the relative safety of the greenback.
A...
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Seattle Post-Intelligencer (Free subscription) | yesterday
... October, briefly trading at 14 to the dollar as investors shed fled to the relative safety of the greenback.A stronger dollar means dollars sent home buy much more in Mexico. It's a wage hike of sorts for the relatives of migrants lucky enough to still find jobs in the U.S.Remittances are Mexico's second largest revenue source. Overall, they are down nearly 2 percent this year.
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Houston Chronicle (Free subscription) | 3 hours ago
... peso since Aug. 1 as investors shed developing world assets and fled to the relative safety of the greenback. That stronger dollar means money sent home buys much more in Mexico, a wage hike of sorts for the relatives of migrants lucky enough to still find jobs in the U.S. or for migrants using U.S. earnings to buy property back in Mexico.Migrants in the U.S. are taking advantage of it,...
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New Zealand Herald (Free subscription) | 11/30/2008
The New Zealand dollar reached a week-high against the euro this morning, but eased against the greenback in thin trade. Shortly after 8am today, the kiwi was buying US54.88c from US55.17c at 5pm on Friday. Against the euro, the...
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Times of India (Free subscription) | 4 hours ago
MUMBAI: The rupee today fell by 25 paise against the US dollar to a fresh low of 50.53/54 in the opening trade at the Interbank Foreign Exchange market on increased demand for the greenback amid melting stock markets. Dealers said increased demand for the US currency and expectation of further fall in domestic equity markets after the overnight heavy losses in the US stocks weighed on the rupee...
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Contrarian Musings (Free subscription) | yesterday
China’s currency fell the daily limit against the dollar on Monday (via MarketWatch): HONG KONG (MarketWatch) — China’s currency staged a record loss against the U.S. dollar Monday, falling to the lower end of its daily trading limit, in what some analysts said is a policy shift as authorities let the yuan depreciate against the greenback [...]
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Houston Chronicle (Free subscription) | yesterday
... peso since Aug. 1 as investors shed developing world assets and fled to the relative safety of the greenback. That stronger dollar means money sent home buys much more in Mexico — a wage hike of sorts for the relatives of migrants lucky enough to still find jobs in the U.S. or for migrants using U.S. earnings to buy property back in Mexico.Migrants in the U.S. are taking advantage of it,...
