Robert Lynch News
-
The yen weakened against its U.S. counterpart for a third week, the longest stretch since February, as the Bank of Japan’s stimulus policies were unopposed at a Group of 20 meeting in Washington.
-
The yen sank to the weakest level since last trading at 100 per dollar four years ago as the Bank of Japan reiterated its stimulus program, driving investors into an array of higher-yielding assets.
-
The euro gained the most this week versus the dollar as falling Spanish and Italian government bond yields signaled Cyprus’s banking crisis may be contained.
-
The dollar traded at almost the strongest since August 2009 versus the yen as signs the American economy is gaining momentum boosted demand for U.S. assets.
-
Canada’s dollar fell for a second week against its U.S. counterpart as commodities declined and concern increased that growth is slowing in the world’s 11th- largest economy.
-
Europe’s 17-nation common currency posted its longest stretch of weekly losses since June as demand slumped after Italy’s election produced a hung parliament and euro-area unemployment climbed to a record.
-
Japan’s success in building an economy that supplies the world with everything from cars to electronics is now undermining its own efforts to keep the yen from rising at a time when few countries want a strong currency.
-
Congresswoman Debbie Wasserman Schultz said her 9-year-old ballerina daughter lured the Florida Democrat to the world of dance.
-
The euro declined below $1.32 for the first time in six weeks as an industry report showed services and manufacturing in the region shrank at a faster pace in February than economists forecast.
-
The euro rose to its highest level in four months against the dollar after a German court cleared the way for ratification of Europe’s permanent bailout fund, boosting demand for the shared currency.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page