Archive for January, 2009
Euro lower, credit worries continue
LONDON (MarketWatch) — A spate of recent downgrades of euro-zone government credit ratings continued to cast a shadow over the European single currency on Monday, strategists said, while the U.S. dollar and Japanese yen remained buoyed amid global …
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ValueRich Releases Web-Based CEO Year-in-Review Video Using …
ValueRich, Inc. (NYSE Alternext US:IVA), a multi-media company for corporate and financial professionals, announced today the release of its 2008 year-in-review by President and Chief Executive Officer, Joseph C. Visconti in high-definition (HD …
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Chart: Australian, New Zealand Dollar Channels Around Moving Average
Jan 25 – Chart: Australian, New Zealand Dollar Channels Around Moving Average Jan 23 – USD/JPY Basing Prospects Still Intact Jan 23 – EUR/GBP Looking to Carve Major Top Jan 23 – Swiss Franc Trading Lowest Against Dollar Since Mid December Jan 22 …
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Intervening to prop up pound is ‘recipe for failure’, says Brown
‘We do not target our exchange rate’: Gordon Brown at the World Economic Forum in Davos yesterday Gordon Brown has indicated that he will not intervene to prevent the pound sinking still further against the dollar, the euro and other major currencies …
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Obama cheers Congress over children’s health bill
WASHINGTON (AFP) ‘“ President Barack Obama on Friday praised Congress for passing a bill extending medical care to an extra four million children, in an early victory for his plans to reform healthcare. The Senate voted 66 to 32 to pass the bill …
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The euro fetched 1.2800 dollars at 2200 GMT from 1.2954 dollars in …
The dollar was stable against the Japanese currency, trading at 89.95 yen against 89.97 on Thursday. The greenback remained strong despite a 3.8 percent contraction in US gross domestic product in the fourth quarter of 2008 — the lowest level since …
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Indian Rupee At 1-week Low Against Dollar
(RTTNews) – Friday, the Indian rupee opened lower against the US dollar. The dollar-rupee pair that closed yesterday’s New York session at 48.95 is presently quoted at 49.1350. This set a 1-week low for the rupee. If the Indian currency weakens …
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Struggling SAS sells Spanair for one euro
Stockholm/Madrid: Scandinavian airline SAS said it had struck a deal to sell most of its money-losing Spanair unit to a Spanish consortium for one euro, leaving it with a 2.2 billion Swedish crown (Dh976 million) charge in the fourth quarter. SAS …
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Crude Oil Down Slightly
Crude oil prices rose slightly Friday on the New York Mercantile Exchange, as petroleum prices seem to have found a temporary perch near $42 per barrel. Crude oil began the week above $46. Three weeks ago, crude oil started the week at $37.50 per …
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Japan stocks down ahead of earnings results
TOKYO’” Japanese stocks lost ground in extremely thin trading Monday as investors awaited earnings results this week from Sony , Honda and other major companies. The benchmark Nikkei 225 stock average ended down 63.11 points, or 0.81 percent, to 7 …
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