Swiss franc falls on reports of central bank move
AP - Thu Nov 26, 7:58 am ETThe Swiss franc fell Thursday on reports that the country's central bank intervened in foreign exchange markets to stem the export-sapping appreciation in the currency.
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The Swiss franc fell Thursday on reports that the country's central bank intervened in foreign exchange markets to stem the export-sapping appreciation in the currency.
NEW YORK — Stocks tumbled as concern swept world markets that financial trouble in the Middle Eastern city-state of Dubai will upend a global economic recovery.
NEW YORK — Stocks are tumbling as fears sweep world markets that financial trouble in the Middle Eastern city-state of Dubai will upend a global economic recovery.
Despite the popularity of Black Friday among retailers and the local news media, every day of the week has at some point or another been described as "black." In fact, an entire week can be cobbled together out of the darkness.
The British pound ended the week relatively unchanged despite significant volatility as constantly shifting risk winds and mixed signals from improving fundamental data and a dovish BoE kept traders guessing.
Nov. 27 (Bloomberg) -- Mexico’s peso posted a weekly gain as Fitch Ratings’s decision to shift the country’s outlook to stable damped speculation there will be more downgrades.
Some deals are especially good for Canadians shopping on this side of the border. In addition to Black Friday bargains, the Canadian dollar is strong.
Post Office Overseas Money Transfer service recommends UK property buyers research overseas money transfer options
Gold prices fell for the first time in 10 days and oil slid as jitters over debt problems in the Middle Eastern city of Dubai drove the dollar higher and pounded stocks. Investors grew worried this week that the emirate's government-backed investment company... Dubai - Middle East - United Arab Emirates - Investment - Investment company
Nov. 27 (Bloomberg) -- U.S. and emerging-market stocks slumped and commodities dropped as Dubai’s attempt to delay debt repayments unnerved investors. Treasuries and the dollar rose while credit-default swaps surged.
Nov. 27 (Bloomberg) -- Canada’s currency touched the lowest level in almost three weeks as investors, shaken by Dubai’s attempt to reschedule its debt payments, sought to unwind bets in higher-yielding assets including commodity-linked currencies.
NEW YORK -- This was the sideswipe investors had feared.
Stocks skidded Friday as concern swept world markets that financial trouble in the Middle Eastern city-state of Dubai will upend a global economic recovery. Major stock indexes fell more than 1 percent from 13-month highs, including the Dow Jones industrial...
Mexico's peso was little changed ahead of a central bank announcement on interest rates.
Gordon Bajnai became Hungary's prime minister in April when his predecessor, who'd lied about the dire state of Hungary's economy to win an election, was forced out. After warning his countrymen that "this will hurt," Bajnai, a 41-year-old former investment banker, embarked on a series of bold reforms. He recently sat down with NEWSWEEK's Ginanne Brownell to talk about the economy, the Lisbon ...
NEW YORK — U.S. stock futures plunged Friday as a wave of fear swept through world markets over concerns that financial trouble in the Middle Eastern city-state of Dubai will upend a global economic recovery.
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