Sterling buoyed versus dollar on US easing speculation

LONDON: Sterling hit a near two-week high against the dollar on Tuesday, extending gains from the previous day when poor US retail sales data added to speculation the Federal Reserve may opt for another round of monetary stimulus to boost growth.

Markets Live: Shares steady as dollar drops

Shares tread water, as the political turmoil in Greece continues and amid more signs of slowing growth in China, while the dollar hovers around parity.

THE RUPEE: all-round fall | Business Recorder

Year-end payments pushed the rupee lower against dollar during the week ended on June 19, 2011, although it struggled to minimise its losses in the face of higher demand by importers to clear the bills for oil and other foreign goods. In the interbank, the rupee shed 11 paisa in relation to dollar for buying and selling at 85.85 and 85.88. (2 hours ago)

Rand Heads for Best Week to Dollar in Five Months on U.S. Growth Concerns

The rand gained to a three-week high against the dollar and headed for its best weekly performance since December as evidence mounts the U.S. economy is slowing, boosting demand for South Africa’s higher-yielding bonds. (44 mins ago)

Euro Gains, German Notes Fall as ECB Meets; Stocks, Silver Drop

The euro strengthened against the dollar and German two-year note yields climbed to the highest since December 2008 on speculation the European Central Bank will signal more interest rate increases. Silver extended its steepest drop since 1983, and stocks in Europe declined. (4 mins ago)

Dollar Falls a Third Day Before German Exports, U.S. Job Reports

The dollar declined for a third day against the euro before reports forecast to show German exports increased for a second month and U.S. initial jobless claims fell, adding to signs the global economy is improving. (20 mins ago)

Asian Stocks Rally From Weekly Drop; Euro Nears Two-week High

Asian stocks advanced, helping the region’s benchmark index rebound from its first weekly drop in six, the euro traded near a two-month high against the dollar and commodities gained as companies reported higher profits and on speculation data this week will show improved global growth. (1 hour ago)

Euro Rises Third Day on Prospects Asia Bond Buys to Stem Crisis

The euro rose for a third day against the dollar on speculation bond purchases by Asian nations will help stem a funding crisis in Europe. (31 secs ago)

Dollar’s bounce: US currency to rally through end of 2007

The dollar is expected to continue to rally through the end of 2007 as investors take profits on short dollar positions and close their books for the year. (11 mins ago)

U.S. Stocks Drop, Dollar Gains, Treasuries Fall on Fed Plans

Feb. 10 — U.S. stocks fell, European shares pared gains and the dollar jumped as the Federal Reserve’s plan to possibly raise its discount rate fueled concern the economic recovery will slow as stimulus programs are unwound. (2 mins ago)