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Friday, 24 June 2011

1Casa Daily Currency News

Daily Currency News

Today's Updates

HK to set daily renminbi rate against dollar
Market participants have been pushing for a daily benchmark since last summer when the Chinese currency became freely tradable in Hong Kong

Euro falls after ECB warns on eurozone stability
Single currency sold after Jean-Claude Trichet warns the Greek debt crisis is threatening the stability of the eurozone

Greece's euro exit can now only be a matter of time
A Greek debt default, however it is disguised, is a foregone conclusion but of more interest is the fate of the euro, writes Samuel Brittan


Overview: Recovery and debt fears take toll
Sharp rise in risk aversion boosts the dollar and US and German government bonds, while equities, gold and copper decline

How China plans to reinforce the global recovery
China has made capping price rises a priority and introduced a host of targeted policies, which have worked, writes Wen Jiabao. 

Cristina Sanchez

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