Foreign Exchange Markets

Yen stronger as US bailout plans change

The Japanese yen gained on the euro and other currencies Wednesday on a mid-course change in US bailout plans, as announced by US Treasury Secretary Henry Paulson. The Treasury is abandoning plans to use the $700 billion in...

Oil settles at 21-month low

Investors await the latest U.S. government report on crude inventories, expected to show an increase in supplies. Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS By Lara Moscrip,...

Paulson's Shift on TARP Exacerbates Global Unwind

Paulson’s Shift on TARP Exacerbates Global Unwind The global unwind continues with currencies, equities and commodities taking another beating. Other than the Japanese Yen, all of the major currencies have weakened against the...

Dollar down after commodities fall

THE dollar has opened lower as softer commodity prices and another poor day on Wall Street hurt the high-yielding currency. At 7am AEDT, the dollar was trading at $US0.6406/11, down 1.9 US cents, or 2.9 per cent, from...

Russian branch of Raiffaisenbank decided to use bailout measures offered by the Government of...

, November 12, 2008, p.1 November 11, the Bank of Russia issued 58.2 billion rubles to 30 banks for the period of 5 weeks at the unsecured loan auction. Interfax, "The Bank of Russia Issued Loans Worth 58.2 Billion Rubles",...

Zimbabwe: Dollar Crash Sparks Fears of Social Unrest

Posted to the web 12 November 2008 Alex Bell Fears of social unrest in Zimbabwe are growing, as swelling numbers of Zimbabweans become daily victims of the crash of the local currency. The Zimbabwe dollar hit an all time low...

Loonie, stocks drop sharply on weak commodity prices

TSX falls five per cent while dollar closes at 80.81 cents US The Canadian dollar gave back more than two cents on Wednesday amid falling commodity prices. The loonie dropped 2.77 cents to close at 80.81 cents US. North...

Canadian Dollar Drops Below 81 Cents

to voice opinions, share images, get paid to report news and more! Related News From the blogs The Canadian dollar had a very bad day as it set a record one day fall to drop below 81 cents US, changes to the US bailout plan...

SDRs: A solution to the global economic crisis

Ashesh Prasann Now that the US elections are over, can we get back to saving the global economic system? On November 15, world leaders will meet at the G-20 Summit in Washington to take their first stab at this monumental task....

It's time to drop a risky retailer

Even if today's earnings report from Kohl's is better than expected, staying in this battered sector is unwise. After a good run, I'm also dropping the US dollar. Sell 200 shares of PowerShares US DB Dollar Index Bullish at the...