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Yen Jumps Versus Dollar

Posted on May 17, 2012 by WSJ.com: World Markets
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The yen shot to a three-month high against the dollar, in its biggest single-day jump in over a year. The euro traded below $1.27.
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Experts Try Charting the Path for a Euro Exit

Posted on May 17, 2012 by WSJ.com: World Markets
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Returning to a national currency after more than a decade of using the euro and having its money managed by the ECB would catapult Greece into a financial, legal and political no-man's land.
Posted in FREE, FREEASIA, FREEEUROPE, FREEINDIA | Leave a reply

Dollar Trims Gains; Euro Falls Back

Posted on May 17, 2012 by WSJ.com: World Markets
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The dollar pared gains after an unexpectedly weak regional manufacturing report in the U.S. raised some expectations that the Fed may ease monetary policy again. The euro traded around $1.27.
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CFFEX Expands Collaboration Efforts

Posted on May 17, 2012 by WSJ.com: World Markets
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The China Financial Futures Exchange this week sealed agreements with four Western exchange operators, aiming to tap the expertise of established markets following a surge in trading volume.
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Greece Sets Showdown Vote Over Euro

Posted on May 17, 2012 by WSJ.com: World Markets
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Greece mandated a senior judge to form a government as caretaker prime minister ahead of new elections next month, after political parties failed to agree on a political or technocratic heavyweight for the job.
Posted in FREEASIA, FREEEUROPE, FREEINDIA | Leave a reply

Asia Markets Finish Mixed

Posted on May 17, 2012 by WSJ.com: World Markets
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Asian markets ended mixed, stabilizing after the previous day's heavy selling as worries over Europe subsided for the moment; the Shanghai Composite gained 1.4%.
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Indian Group to Buy U.S. Health Firm

Posted on May 17, 2012 by WSJ.com: World Markets
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India's Piramal Healthcare plans to acquire health-information manager Decision Resources of the U.S. for about $635 million, and Piramal's chairman assailed "an antibusiness feeling" in India.
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Dollar Stretches Its Streak

Posted on May 16, 2012 by WSJ.com: World Markets
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The dollar was in demand as investors worried about the next installment of the euro-zone debt crisis fled currencies and markets deemed as relatively risky and sought refuge in the greenback and German bunds.
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Japan Political Heavyweight Adds to Intervention Hints

Posted on May 16, 2012 by WSJ.com: World Markets
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A Japanese ruling-party heavyweight said the government must intervene in the currency markets if the yen's rise accelerates sharply, adding to the level of jawboning aimed at controlling the currency's moves and its impact on the economy.
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Dollar Continues to Rally

Posted on May 16, 2012 by WSJ.com: World Markets
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The dollar inched higher versus major rivals, though the day's trading was punctuated by periods of sharp reversals. The euro has fallen against the dollar in 12 of the past 13 days.
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Group Hits ‘Antibusiness Feeling’ in India

Posted on May 16, 2012 by WSJ.com: World Markets
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Indian government policies are making investing overseas much easier than at home, the chairman of Indian conglomerate Piramal Enterprises said.
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Dollar Set to Extend Gains

Posted on May 16, 2012 by WSJ.com: World Markets
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The U.S. dollar remained higher, keeping it on track to extend its longest winning streak against a basket of currencies in more than two decades.
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