External Feeds

March 2007 - Posts

• Spending data boost yen

  The yen edged higher on Friday after above forecast activity data offset the negative impact of weak inflation data. Posted Mar 30 2007, 06:03 AM by FT.com - Currency Markets News and Data

• Carmakers step up pressure over yen

  The chief executives of GM and Ford are taking on Hank Paulson over the US Treasury secretary's hands-off policy towards the weak yen in a bid to undermine Japanese rivals. Posted Mar 29 2007, 05:05 PM by FT.com - Currency Markets News and Data

• US economic growth better than expected

  The US economy grew at faster pace than previously thought last quarter, according to fresh government figures, reaching a rate of 2.5% in the fourth quarter. Posted Mar 29 2007, 09:03 AM by FT.com - Currency Markets News and Data

• Yen falls as Asian equities rebound

  The yen lost ground on Thursday as a rebound in Asian equity markets helped ease investor concerns over carry trades. Posted Mar 29 2007, 06:05 AM by FT.com - Currency Markets News and Data

• UK Q4 growth revised down to 0.7%

  The UK economy grew slightly above trend at the end of last year recording growth of 0.7 per cent in the fourth quarter, revised down from the previous estimate of 0.8 per cent. Posted Mar 28 2007, 06:05 AM by FT.com - Currency Markets News and Data

• Yen rallies on Gulf tension rumours

  The yen rose sharply and high-yielding currencies came under pressure on Wednesday as rumours of military action involving Iran and the US rattled investor confidence. Posted Mar 28 2007, 06:01 AM by FT.com - Currency Markets News and Data

• Eurozone data point to rate rise

  Eurozone money supply and credit figures have strengthened the case for further interest rate increases, with housing markets in the 13-country region showing only modest signs of cooling. Posted Mar 28 2007, 05:04 AM by FT.com - Currency Markets News and Data

• Market Insight: Slovakia's soaring currency

  Slovakia has cut interest rates after its currency hit a record high against the euro but further monetary intervention could be required to control the rampant Slovak koruna. Posted Mar 27 2007, 01:05 PM by FT.com - Currency Markets News and Data

• German business confidence bounces back

  German business confidence has bounced back close to a historic high, shrugging off fears of a US economic slowdown and the prospect of higher eurozone interest rates. Posted Mar 27 2007, 06:05 AM by FT.com - Currency Markets News and Data

• Euro boosted by German business outlook

  The euro was boosted on Tuesday after Germany's Ifo index of business sentiment rose unexpectedly in March, while weakness in the US economy left the dollar under pressure. Posted Mar 27 2007, 06:04 AM by FT.com - Currency Markets News and Data

• Dollar steady ahead of housing data

  The dollar held steady on Monday, consolidating its gains after stronger-than-expected US existing homes sales data on Friday. Posted Mar 26 2007, 06:03 AM by FT.com - Currency Markets News and Data

• On Europe: Latvia scare spotlights Baltics

  Rumours distributed via mobile phones that Latvia was about to devalue its currency and forced intervention by the central bank. The crisis has raised fears that a hard landing in one of the Baltic states could cause contagion into countries such as Romania and Bulgaria. Posted Mar 23 2007, 01:14 PM by FT.com - Currency Markets News and Data

• Dollar claws back after dovish Fed

  The dollar clawed back some ground following sharp losses in the wake of Wednesday's Federal Reserve meeting, when the US central bank struck a more dovish tone than in recent rate-setting meetings. Posted Mar 23 2007, 06:23 AM by FT.com - Currency Markets News and Data

• Dollar hovers near 4-year low against euro

  The dollar held close to a two-year low against the euro after a sharp fall overnight as the Federal Reserve kept US interest rates on hold at 5.25 per cent but dropped its tightening bias in the post-decision statement. Posted Mar 22 2007, 06:58 AM by FT.com - Currency Markets News and Data

• UK retail sales rebound in February

  Retail sales rose last month at their fastest pace in two years as clothing and household goods rebounded from a weak performance in January. Posted Mar 22 2007, 05:43 AM by FT.com - Currency Markets News and Data