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Euro may show weakness: Astromoneyguru
As per stars, any time euro may show weakness against US dollar; its impact may be seen in commodity market especially in bullion. Although at opening some upward movement in gold and silver expected but as per stars no big upward movement in silver is …
Read more on Moneycontrol.com

Non-euro Denmark takes over EU presidency
COPENHAGEN — Non-euro nation Denmark takes over the European Union's rotating presidency Sunday, voicing determination to solve the eurozone crisis by promoting consensus among all 27 EU members. The Scandinavian country, one of the few in Europe with …
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Euro rises against dollar in thin trading ahead of the New Year
NEW YORK — The euro rose against the dollar Friday, a day after hitting a 15-month low. Trading is slower than usual Friday heading into the New Year's holiday. Stock and bond markets will be closed on Monday in observance of New Year's Day. …
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Euro Fears Help Treasurys Reap More Gains Into Year-End
By Cynthia Lin Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–In familiar 2011 fashion, euro-zone jitters on Wednesday steered another wave of bids into Treasurys as investors opted to play it safe heading into year-end. Developments in Europe's credit …
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Spain says deficit bigger than expected, hikes taxes
Spain has been under market scrutiny over its ability to control its public finances, and Madrid has seen risk premiums soar to record highs on contagion fears as the euro zone debt crisis spread. Ten days ago the Treasury said the central government …
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Alan Hansen's predictions for 2012: Manchester City for the Premier League and …
As for Ireland, it's great that they are going to Euro 2012, but it will be an honourable group stage exit I'm afraid. Germany and Holland as the obvious challengers, but if Xavi and Andrés Iniesta feel the pace, Spain can just bring in Cesc Fabregas …
Read more on Telegraph.co.uk

Euro could rebound next week
By Boris Schlossberg, Special to Gulf News Although the euro came under considerable amount of pressure during the final week of the year slipping to a 15 month low against the dollar and a decade low against the yen, the single currency could rebound …
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Euro remains near its low for 2011
The euro is near its low for the year following a tumultuous 12 months in which its existence has been questioned. But Germany's Finance Minister Wolfgang Schaeuble said he was confident that the currency union would survive. …
Read more on BBC News

ANZ Bank Said to Plan Its First Covered Bond Sale in Euros
30 (Bloomberg) — Australia & New Zealand Banking Group Ltd., one of the nation's so-called four pillar lenders, is planning to issue its first covered bonds in euros after a change in the law allowed the sale of the asset-backed notes. …
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Goodbye Euro, Hello Romney
By David Williamson on Jan 1, 12 11:46 AM There's a slight irony that it's possible to gamble on a financial system driven by casino economics collapsing, but here are the odds! 1st COUNTRY TO LEAVE EUROZONE – 1/ 4 Greece; 7/2 Italy; 10/1 Germany; …
Read more on WalesOnline (blog)

Seoul shares edge down; manufacturer activity at 3-yr low
* local PMI data records 3-yr low, euro zone concerns weigh * Retailers lead losses, tech shares gain By Joonhee Yu SEOUL, Jan 2 (Reuters) – Seoul shares were slightly lower by midday on Monday, as hopes of further positive US data releases this week …
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Crisis talk, austerity calls mark euro anniversary
By Alexandra Hudson | BERLIN (Reuters) – Policymakers marked the 10th anniversary on Sunday of the introduction of euro notes and coins by urging governments in the currency bloc to save and consolidate to overcome their debt crisis. …
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European shares inch higher, gains seen limited
LONDON: European shares inched higher on Monday with trading light due to British markets being shut and gains expected to be limited as worries about the euro zone debt crisis remained. Traders said worries about debt raising in Italy, which is at the …
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Forex – NZD/USD weekly outlook: January 2 – 6
Forexpros – The New Zealand dollar ended the week higher against its US counterpart on Friday, but gains were limited as ongoing concerns over the handling of the debt crisis in the euro zone remained in focus. NZD/USD hit 0.7810 on Friday, …
Read more on Moneycontrol.com

German Stocks Advance as Manufacturing Output Beats Estimates
The gauge retreated last year, for its first full-year loss after the 40 percent plunge in 2008, amid speculation that the euro area's fiscal crisis will force at least one nation to default on its debt. The broader HDAX Index also added 1.5 percent …
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Euro woes: No joy for 10-year-old currency
Picture of a Parisian shopwindow, 09 January 2002 bearing a Euro logo shaped with sales ads, on the first day of the post-Christmas sales in the French capital. The sales were delayed so consumers could first get used to euro cash before having to deal …
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Europe Factors-Shares seen lower as growth worries weigh
By 0717 GMT, futures for Euro STOXX 50, for Germany's DAX and for France's CAC were down 0.1-0.4 percent. China's purchasing managers' index (PMI) indicated a slight expansion in business activity and suggested the word's second-largest economy may …
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European Stock-Index Futures Drop; Porsche, Rio Tinto May Move
European (SXXP) stocks climbed in the last week of 2011 as reports from the US showed the recovery in the world's largest economy is gathering pace and as optimism grew that euro-area policy makers will contain the debt crisis. The second straight week …
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Euro hits 10-year low vs yen, more trouble seen in 2012
By Steven C. Johnson and Luciana Lopez | NEW YORK (Reuters) – The euro capped off the most tumultuous year in its short history on Friday, slipping to a 10-year trough below 100 yen and struggling to hold gains against the dollar, a trend traders …
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Euribor rates start year with sharp drop
FRANKFURT, Jan 2 (Reuters) – Key euro zone bank-to-bank lending rates fell sharply as the new year got underway in European markets on Monday, pushed down by the glut of excess cash created by the ECB's recent bumper injection of ultra-long and …
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Canadian Dollar (CAD) Technical Major Currencies (2012-01-02)
The decline seen last week was limited in areas above the main ascending support as shown above, where the pair closed all the sessions in New York above 38.2% Fibonacci correction at 1.0185. This signals that the pair is forming a symmetrical triangle …
Read more on International Business Times

Rupee dips vs euro, dollar in 2011
Karachi—Pak rupee fell against euro and dollar but surged vs Indian and Bangladeshi currency in 2011. During 2011, Pakistani currency fell against yen, yuan, Kuwaiti dinar, US dollar and euro by 10pc, 9.87pc, 5.84pc, 4.95pc and 4.58 pc respectively. …
Read more on Pakistan Observer

Obama team denies 'billion-dollar' re-election campaign
By David Jackson, USA TODAY Obama's campaign is also using the claims about a billion-dollar campaign to keep raising money from their supporters. In an e-mail entitled "they're misleading you," Obama campaign manager Jim Messina asks supporters not to …
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Dollar float began reform era
The most important economic reform since World War II was the float of the dollar. For almost 30 years since, the floating exchange rate has acted as a shock-absorber for our economy, helping to provide economic stability during several crises, …
Read more on The Australian

Teacher uses million-dollar prize to build school
Wenatchee's Amy Ferrell, winner of Macy's Million Dollar Makeover, and her husband, Chester, also a teacher, are converting two-thirds of the three-bay garage in their new home into a Leonardo da Vinci-inspired, outside-the-box center for after-school …
Read more on The Seattle Times