Euro J

Currency Trading News

Dollar Heads for Weekly Gain as Stock Plunge Spurs Haven DemandFriday, November 21, 2008 @ 11:30AMNov. 21 (Bloomberg) -- The dollar was poised for a third weekly gain against the euro as a plunge in global stocks increased demand for the safety of U.S. government debt.

US Congress warned of Chinese cyber, space threatsFriday, November 21, 2008 @ 11:26AM China has developed a sophisticated cyber warfare program and stepped up its capacity to penetrate US computer networks to extract sensitive information, a US congressional panel warned.

Analyst lowers estimates, rating on CampbellFriday, November 21, 2008 @ 11:20AM(AP:MILWAUKEE) Shares of Campbell Soup Co. declined on Friday as an analyst cut his rating on the soup maker, saying it is seeing growth as more people eat at home, but noted several factors which could limit its upside earnings potential.

HudBay and Lundin Announce Friendly Business CombinationFriday, November 21, 2008 @ 11:14AM HudBay Minerals Inc. and Lundin Mining Corporation(NYSE: LMC)(OMX: LUMI) are pleased to announce that they have agreed to a business combination that will create a new Canadian leader in global mining.

S&P Picks and Pans: Citigroup, CBS, Gap, Whole Foods, DellFriday, November 21, 2008 @ 11:11AM

An Undisclosed Act of TreasonFriday, November 21, 2008 @ 10:59AMFor those of you who are unfamiliar with the work of John Williams of Shadow Government Statistics fame; this missive should prove to be quite an eye opener. For those who are familiar with Williams’ work – this is nothing more than logical extension[s] and conclusions.

Heinz 2nd-quarter profit jumps 22 percentFriday, November 21, 2008 @ 10:36AMFoodmaker H.J. Heinz Co. said Friday that strong sales of products such as Ore-Ida frozen potatoes and frozen meals boosted fiscal second-quarter profit by 22 percent as cash-strapped consumers cooked more meals at home. The Pittsburgh-based food maker also said it benefited from hedging against currencies. The company reported a $92 million pretax currency benefit from the use of contracts ...

BOJ Keeps Key Rate at 0.3%, Considers Adding Funds (Update1)Thursday, November 20, 2008 @ 10:45PMNov. 21 (Bloomberg) -- The Bank of Japan held its benchmark interest rate at 0.3 percent and said it will consider pumping more money into the financial system to prop up an economy that fell into a recession last quarter.

Singapore Dollar Plunges To New Multi-month Low Against Hong Kong CurrencyThursday, November 20, 2008 @ 10:44PM(RTTNews) - During Asian deals on Friday, the Singapore dollar showed weakness against the Hong Kong currency as the Singapore received confirmation today that its economy has slipped into a technical recession as the final report for third-quarter gross domestic product was negative for the second consecutive quarter.