Currency Markets

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Stocks fall as worries about Greek debt return

AP News yesterday

Stocks interrupt winning streak after concern about Greece's debt problems return to market Stocks halted their steady climb Friday after renewed concerns about Greece's ability to pay its debts left investors questioning a global economic recovery. The Dow Jones industrial average fell ...

Rising dollar hits prices of many commodities

AP News yesterday

Most commodities fall after concern about Greece, India rate hike boost dollar A rising dollar hit prices of many commodities Friday after concerns about the global economy pushed up demand for safe assets. More questions about the Greek government's financial problems and ...

Dollar and precious metals at a glance

AP News yesterday

Dollar and precious metals at a glance Key currency exchange rates Friday, compared with late Thursday in New York: Dollar vs: Exchange Rate Pvs Day Yen 90.49 90.31 Euro $1.3536 $1.3621 Pound $1.5020 $1.5252 Swiss franc 1.0598 1.0573 Canadian dollar 1.0161 1.0129 ...

Oil settles near $80 a barrel

AP News yesterday

Oil tumbles to near $80 a barrel as stronger dollar stalls month-long rally Oil prices slumped at the end of the week, tumbling Friday close to $80 a barrel as continued uncertainty about Greece's economy helped lift the dollar higher. Benchmark crude ...

China warns US not to politicise yuan debate

AFP Global Edition yesterday

China on Friday urged the United States not to politicise a row over the value of its currency as it announced a top official would travel to Washington for talks on the issue and other trade disputes. As trade tensions between the ...

Summary Box:

AP News 2 days ago

Summary Box: OJ DECLINE: Orange juice futures contracts fell to the lowest point in nearly three weeks as a stronger dollar made them less attractive for traders. The price has fallen about 5 percent since Friday after a government report forecast higher ...

U.S. political odd couple takes on China

Reuters US Online Report Politics News 2 days ago

WASHINGTON (Reuters) - An American political odd couple is leading a charge to crack down on what critics see as China's unfair trade practices. Opposites in politics and personal style, Republican Senator Lindsey Graham and Democratic Senator Charles Schumer share the view ...

US ambassador urges China cooperation on Iran

AP News 2 days ago

US ambassador urges disputes with China be separated from cooperation on international issues Beijing needs to take seriously American concerns about the value of the Chinese currency, but bilateral disputes should not impede cooperation on global issues such as climate change and ...

China rejects US lawmakers pressure on currency

AP News 2 days ago

China rejects US lawmakers pressure on currency, accuses Washington of protectionism China rejected pressure by U.S. lawmakers for Beijing to ease currency controls and accused Washington on Thursday of trade protectionism that it said might hurt the global recovery. Responding to a ...

China unyielding on yuan as U.S. raises pressure

Reuters US Online Report Business News 3 days ago

WASHINGTON/BEIJING (Reuters) - China on Wednesday rejected criticism of its exchange rate policies and said it was being made a "scapegoat" after the U.S. Congress threatened to slap duties on Chinese goods unless it revalues its yuan. Many U.S. lawmakers, with strong ...

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