360° Coverage : Emerging-Market Currencies Advance

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  Business Balla Trending News

Emerging-Market Currencies Advance

Source: Wall Street Journal, Aug 8 2012, 4:01pm CDT

By Georgia Wells Emerging-market currencies crept higher Wednesday, as investors who had recently reduced their exposure to these currencies before last week's Federal Reserve and European Central Bank meetings resumed buying these assets in cheerie ...

Continue reading on: Wall Street Journal

 
 
Update
10

1 hour ago

Australian dollar hits 33-month low

Source: Guardian Unlimited  |   Jun 19 2013, 9:15pm CDT

Please activate cookies in order to turn autoplay off The local currency is being sold heavily as the US central bank prepares to wind down its stimulus program The Australian dollar is out of favour with currency traders after spending much o ...

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Update
9

1 hour ago

$30b wiped off Aussie market

Source: Sydney Morning Herald  |   Jun 19 2013, 8:59pm CDT

12:28pm: Fortescue will miss its iron ore production target for the 2013 financial year, and has pushed back the timing of a sale of its infrastructure assets . In a statement to the market today, Fortescue ...

Continue reading on: Sydney Morning Herald  More like this

 

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Latest Business News

 
Update
8

2 hours ago

FOREX-Dollar shines as U.S. yields jump on Fed stance

Source: CNBC  |   Jun 19 2013, 8:22pm CDT

* USD index holds near a two-week high following rally * Fed says can start to slow stimulus this year, recovery on track * China PMI data next in focus, Asian currencies pressured SYDNEY, June 20 (Reuters) - The U.S. dollar held firm in Asia on Thur ...

Continue reading on: CNBC  More like this

 

Currently Trending

 
Update
7

3 hours ago

GLOBAL MARKETS-Asian stocks fall on Bernanke comments, China data eyed

Source: Reuters Mobile  |   Jun 19 2013, 7:33pm CDT

TOKYO, June 20 (Reuters) - Asian shares tracked the overnight drop in U.S. equities after U.S. Federal Reserve Chairman Ben Bernanke confirmed market fears that the Fed would begin reducing its stimulus later this year as the economy improved. M ...

Continue reading on: Reuters Mobile  More like this

 
Update
6

4 hours ago

Emerging Markets Report: Emerging markets currencies dive on Fed

Source: MarketWatch  |   Jun 19 2013, 5:54pm CDT

0 Comments Tweet new Portfolio Relevance LEARN MORE Want to see how this story relates to your portfolio? Just add items to create a portfolio now: X Add Mexican Peso (USDMXN) X Add Brazilian Real (USDBRL) X Add South African Rand (USDZAR) A ...

Continue reading on: MarketWatch  More like this

 

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Update
5

5 hours ago

Dollar dives on US moves

Source: Brisbane Times  |   Jun 19 2013, 5:29pm CDT

Video will begin in 5 seconds. Aussie dollar slides dramatically after US Federal Reserve chairman Ben Bernanke flags future slowing of its bond-buying program. The Australian dollar has fallen to 33-month-low after the US Federal Reserve tipped an end ...

Continue reading on: Brisbane Times  More like this

 
Update
4

5 hours ago

$A at lowest level since September 2010

Source: Sydney Morning Herald  |   Jun 19 2013, 5:06pm CDT

AAP Overseas holidays and imported goods are set to get more expensive as the Australian dollar plummets below 93 US cents for the first time since September 2010. The currency was been sold heavily since US Fede ...

Continue reading on: Sydney Morning Herald  More like this

 
Update
3

5 hours ago

Dollar surges on Fed bond tapering plans

Source: Herald Sun  |   Jun 19 2013, 4:57pm CDT

THE US dollar has surged against other major currencies after the Federal Reserve signalled it was close to tapering its bond-buying program. Near 9pm (7am AEST) the euro traded at $US1.3297 ($A1.41), down from $1.3396 late Tuesday. The dollar boug ...

Continue reading on: Herald Sun  More like this

 
Update
2

6 hours ago

Brazil ready to face more volatility from abroad

Source: GulfToday.ae  |   Jun 19 2013, 4:42pm CDT

BRASILIA: Monetary policy will help mitigate the impact a weaker local currency could have on inflation in Brazil, central bank chief Alexandre Tombini said on Tuesday. Tombini spoke after Brazil’s currency, the real, to ...

Continue reading on: GulfToday.ae  More like this

 
Update
1

7 hours ago

Dollar plunges on US move

Source: Sydney Morning Herald  |   Jun 19 2013, 3:30pm CDT

The Australian dollar has plunged after the US central bank flagged an end to one of the central planks of its wide-ranging support for the recovering US economy. The local currency was trading at 95.5 US cents prior to remarks by Federal Reserve chair ...

Continue reading on: Sydney Morning Herald  More like this

 
 
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