DailyMarkets.com - Yen Hits 3-week Low Versus Dollar On Government Shakeup

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• Yen Hits 3-week Low Versus Dollar On Government Shakeup
• Valdes: “Uncertainty Driving The Markets”
• Forex: Euro Leads Modestly But Aussie And Kiwi Drop
• Central Bank News Link List – Nov 14, 2012: Bank Of England Downgrades Growth As Economy Zig-zags
• Ghana Holds Rate, Sees Balanced Inflation, Growth Risks
• Iceland Raises Rate For 5th Time, Sees Inflation Hitting Target

Yen Hits 3-week Low Versus Dollar On Government Shakeup Posted: 14 Nov 2012 05:42 AM PST 11/14/12 The Japanese yen traded at a three-week low against the dollar Wednesday following the government agreeing to pass a budget bill that is similar to raising its debt … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Valdes: “Uncertainty Driving The Markets” Posted: 14 Nov 2012 10:35 AM PST 11/14/12 DME Securties’ Alan Valdes discusses fundamentals affecting the US equity markets and technical levels for the S&P 500. The ‘fiscal cliff’ and Euro zone worries are also touched … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Forex: Euro Leads Modestly But Aussie And Kiwi Drop Posted: 14 Nov 2012 09:00 AM PST EUROPE/US FOREX NEWS WRAP Global risk-appetite was looking quite bullish earlier this morning, ahead of the US trading session, but over the past several hours, and especially into the European close, sentiment became increasingly negative, dropping the S&P 500 to fresh November lows. In Asia, Japanese Prime Minister Yoshihiko Noda said he would dissolve parliament, moving aside for new elections that would all but remove his party from power. With political pressure, especially from the … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Nov 14, 2012: Bank Of England Downgrades Growth As Economy Zig-zags Posted: 14 Nov 2012 08:20 AM PST Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.) Bank of England downgrades growth as economy zig-zags (Daily Telegraph) Chavez mulls revamping currency controls as bolivar plunges (Bloomberg) China central bank job up for grabs as Zhou set to … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Ghana Holds Rate, Sees Balanced Inflation, Growth Risks Posted: 14 Nov 2012 07:18 AM PST    The central bank of Ghana held its policy rate unchanged at 15.0 percent, saying the risks to inflation and growth were balanced despite the worsening in global economic conditions and uncertainties that  could adversely affect the country’s economy if prolonged.     The Bank of Ghana, which has raised its rate by 250 basis points this year, said the domestic economy had improved in the third quarter and inflationary expectations had diminished.     “The … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Iceland Raises Rate For 5th Time, Sees Inflation Hitting Target Posted: 14 Nov 2012 06:37 AM PST     The Central Bank of Iceland raised its benchmark interest rate for the fifth time this year and said inflation should now start to decline to the bank’s target but warned this path could be upset by the upcoming wage settlement review.     The central bank’s Monetary Policy Committee, which raised the 7-day collateralised lending rate by 25 basis points to 6.0 percent, said the economic outlook was broadly unchanged despite the global headwinds.     … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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