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Tuesday, 25 November 2014
Dollar Forecast to Struggle Near-Term, British Pound Offered Relief
05:41 | 25/11/14
Pound Sterling Live
Markets have punished sterling lately on the belief that the first rate hike is only due in December 2015, in short this may not be the case and GBP is correcting higher. The British pound to US dollar exchange rate (GBP/USD) is seen trading 0.12pct ...
Greenback falls to NT$31.01 on local forex after yuan drop
05:07 | 25/11/14
The New Taiwan dollar was little changed at NT$31.010 against its U.S. counterpart yesterday, Taipei Forex Inc. prices show.
Australian Dollar Loses Steam From Surprise China Rate Cut
04:45 | 25/11/14
The latest disturbance of equilibrium in the Australian dollar (NYSEARCA:FXA) was the surprise rate cut from China's central bank.
FOREX-Dollar index rises near 4-1/2 year high; euro firms vs dollar
03:48 | 25/11/14
NEW YORK, Nov 24 (Reuters) - The dollar approached a 4-1/2-year high against a basket of currencies on Monday as traders speculated that overseas central banks would further ease monetary policies to help their economies, even though it would erode ...
EMERGING MARKETS-Brazil's real pares recent gains, current account in focus
03:15 | 25/11/14
Latin American stock markets were mostly flat, though Brazil's Bovespa stock index managed to climb for a fourth straight session.
Buy or rent your own private island
02:09 | 25/11/14
Great banks of solar panels, a communications tower disguised as a coconut tree and a multi-million-dollar underground seawater cooling system to drive the resort's airconditioning are just for starters.
Euro rises after surprise rise in German business mood
01:53 | 25/11/14
LONDON (MarketWatch) - The euro climbed against most major currencies on Monday after the closely watched Ifo survey showed German business confidence unexpectedly improved in November.
Forex - Euro pushes higher after German Ifo, gains checked
01:45 | 25/11/14
Investing.com - The euro pushed higher against the dollar on Monday after a report showing German business climate improved this month, while euro zone bond yields fell to record lows amid growing expectations for additional stimulus by the European ...
Grand Central: A PBOC Reporter Points to Threats for World #2 Economy
01:00 | 25/11/14
Wall Street Journal (blog)
They're sitting in foreign denominated assets, largely U.S. dollar assets like Treasury and mortgage bonds, preventing the Chinese currency from appreciating and undermining the all-important export sector.
Chinese Yuan Falls to Six-Week Low as Central Bank Cuts Rates
00:48 | 25/11/14
International Business Times UK
The Chinese yuan fell to a six-week low on Monday as the rate cut by the Peoples Bank of China late last week reduced the yield advantage of Chinese assets, while the likelihood of more cuts worsened the sentiment.
Czech Consumer Confidence Positive First Time in 7 Years
00:15 | 25/11/14
Czech consumer confidence turned positive for the first time in more than seven years, adding to signs that the central bank's yearlong effort to keep the koruna weak spurred household demand by helping avert deflation. The consumer-confidence index ...
Ugandan shilling stronger after interbank sell-off
00:15 | 25/11/14
The central bank of Uganda has moved aggressively in recent days to mop up excess money market liquidity and so limit downwards pressure on the local currency, and Kamaluddin said another such operation on Monday was also helping the shilling.
UAE: Residents face laundry, wild animal ban
23:30 | 24/11/14
Residents in Sharjah in the United Arab Emirates have been told they can't put out their laundry on balconies nor own "dangerous predator animals", it's been reported.
Sterling dips against euro after German Ifo survey
23:18 | 24/11/14
The euro had come under intense pressure, dropping towards two-year lows against the dollar, after European Central Bank chief Mario Draghi said on Friday that "excessively low" inflation had to be raised fast by whatever means necessary, prompting ...
Ifo's Wohlrabe says falling euro, slumping oil lift German sentiment
22:33 | 24/11/14
MUNICH, Germany Nov 24 (Reuters) - The weaker euro and falling oil prices had an especially positive impact on Germany's business climate in November, Ifo economist Klaus Wohlrabe told Reuters on Monday.
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