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Tag Archives: result

Shares gain, euro weak after Fed’s mixed signals

LONDON (Reuters) – European shares edged up but the euro eased on Wednesday after testimony from U.S. Federal Reserve Chairman Ben Bernanke that offered little guidance on whether the central bank was moving closer to new stimulus measures. Bernanke said on Tuesday that economic recovery was being held back by anxiety over Europe's debt crisis and the path of U.S.

Posted 18 July 2012 † admin § Forex News ‡ Comments (0) ° Also tagged: , , , , , , , ,

Dollar Index Within 1% of Highest in Two Years Before Bernanke

The Dollar Index traded within 1 percent of a two-year high before Federal Reserve Chairman Ben S.

Posted 18 July 2012 † admin § Forex News ‡ Comments (0) ° Also tagged: , , ,

Rupee, yuan gain currency at Asian Development Bank

Reflecting the growing might of China and India in the global economy, the Asian Development Bank (ADB) on Tuesday said it would start supporting deals denominated in rupee and renminbi under its Trade Finance Programme (TFP) in view of the expected rise in inter-regional transactions using the two currencies.

Posted 18 July 2012 † admin § Forex News ‡ Comments (0) ° Also tagged: , , , , , , ,