The News Review:
- WRLD FREX: Dlr Rises; Euro Swiss Franc Fall
- WRLD FREX: Euro Loses Ground n Trichet’s Dovish Remarks
- FREX-Euro hits 1-mth low vs dlr on Moody’s comment
- FREX-Yen dollar rise on uncertainty over econ recovery
- FREX-Yen dollar rise on uncertainty over recovery
WRLD FREX: Dlr Rises; Euro Swiss Franc Fall
Wall Street Journal
–>WRLD FREX: Dlr Rises; Euro Swiss Franc Fall ArticleCommentsmore in. The euro meanwhile was depressed by confirmation that the European Central Bank will introduce its own “nonstandard” monetary policy next month while the Swiss franc got hit by a warning from the Swiss National bank that intervention remains an option. dowjoneswebservices.
WRLD FREX: Euro Loses Ground n Trichet’s Dovish Remarks
Wall Street Journal
–>WRLD FREX: Euro Loses Ground n Trichet’s Dovish Remarks ArticleCommentsmore in. The euro fell to $1.
Related from Rop-jo: HIGHLIGHTS: Poland needs 1 or 2 more rate cuts-dovish c.banker
FREX-Euro hits 1-mth low vs dlr on Moody’s comment
Reuters
Moody’s said Ireland’s prized ‘AAA’ rating may be cut tomid-to-high Aa range if it concludes that the country willemerge from the crisis with “relatively weak growth prospectsand a much higher debt burden”. Ireland has already lost its top-notch rating status fromthe other two major ratings agencies S&P and Fitch. Moody’ssaid its decision reflects the “severe economic adjustment”taking place in Ireland.
FREX-Yen dollar rise on uncertainty over econ recovery
Reuters
bankswere beginning to recover from the financial market meltdown. The euro fell to a session low after data showing an ongoingfall in euro zone industrial production and a drop in inflationto an all-time low reinforced the view that the euro zoneeconomy is deteriorating and that interest rates may fall more. “There’s a general sense of negative sentiment against theeuro and a feeling creeping into the market for green shoots ofrecovery in other countries and not the euro zone” said AdamCole global head of forex strategy at RBC Capital Markets inLondon. N) on Thursday reported a net income of$2. 1 billion in the first quarter or 40 cents per share.
FREX-Yen dollar rise on uncertainty over recovery
Reuters
stock futures lower * Euro on defensive; eyes on euro zone CPI industry output By Tamawa Desai LNDN April 16 (Reuters) – The yen and dollar rose againstother major currencies on Thursday as hopes for a speedyeconomic recovery receded pushing investors toward perceivedsafer assets. Market players were disappointed after data showed China’seconomic growth slowed to its weakest on record. That came afterweak U. retail sales and a fall in inflation the previous day.