Calendar

July 20, 2006

5.40pm Wednesday July 19, 2006 

Filed under: News — Tony Spann @ 12:00 am

5.40pm Wednesday July 19, 2006 
The New Zealand Herald - Jul 19 10:44 AM
The New Zealand dollar lost some of its gains against all currencies today following a strong run this week in the wake of high inflation data on Monday morning.Save to My Web

Taiwan dollar rallies from 7-month low on Bernanke 
Reuters via Yahoo! Asia News - 2 hours, 17 minutes ago
TAIPEI, July 20 (Reuters) – The Taiwan dollar rose from its weakest level in nearly seven months on Thursday after comments by U.S. Federal Reserve Chairman Ben Bernanke dimmed expectations of more U.S. interest rate rises.Save to My Web

Czech crown firms slightly in Tuesday morning trading amid lack ofimpulses 
Interfax - Jul 18 2:35 AM
PRAGUE. JULY 18. INTERFAX CENTRAL EUROPE – The Czech crown was up slightly in Tuesday morning trading at EUR/CZK 28.46, helped by purchases of currencies across the region, Patria Finance analyst Tomas Vlk said in a report.Save to My Web

U.S. stocks surge on Bernanke’s inflation view 
MarketWatch via Yahoo! Finance - Jul 19 10:08 AM
NEW YORK — U.S. stocks rallied Wednesday, with the Dow Jones Industrial Average adding more than 200 points, after soothing comments on inflation from Federal Reserve Chairman Ben Bernanke sparked hopes the central bank may stop raising interest rates soon.Save to My Web

Euro Treads Water Yen Weighed by Carry Flows 
AME Info - Jul 19 3:59 AM
The major currencies spent the Asian and European trading sessions marking time ahead of today’s important testimony by Ben Bernanke in front of Congress and the US CPI figures scheduled to be released at 12:30 GMT. Yesterday’s higher than expected PPI data helped push the dollar higher against the euro as EUR/USD broke below the 1.2500 barrier.Save to My Web

Dollar drifts in upper 116 yen after fall on Bernanke’s remarks 
Kyodo via Yahoo! Asia News - 1 hour, 39 minutes ago
_ The U.S. dollar hovered at the upper 116 yen level Thursday morning in Tokyo following its sharp fall overnight in New York after the U.S. Federal Reserve said it expects inflation to retreat as the economy slows.Save to My Web

Asian Currencies Drop, Led by Indonesian Rupiah, on Oil Concern 
Bloomberg.com - Jul 17 2:24 AM
July 17 (Bloomberg) — Asian currencies weakened, led by the Indonesian rupiah’s biggest slide in almost two months, on concern rising oil prices will stoke purchases of U.S. dollars.Save to My Web

Stocks, Bonds Rally on Bernanke Comments 
AP via Yahoo! Finance - Jul 19 10:13 AM
Stocks and bonds rallied sharply Wednesday after Federal Reserve Chairman Ben Bernanke soothed investors with his view that economic growth seems to be moderating and inflation remains contained.Save to My Web

Indian rupee at 3-yr low as shares fall, yen down 
Reuters via Yahoo! Asia News - Jul 19 5:15 AM
MUMBAI, July 19 (Reuters) – The Indian rupee fell to a fresh three-year low on Wednesday, beyond 47.00 per dollar , undermined by a weaker stock market and dollar strength against the Japanese yen and other major currencies.Save to My Web

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