Economic News
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Forex - Yen higher, euro lower vs US dollar in Sydney afternoon trade ...
5 Mar 2007
source:
iii.co.uk
SYDNEY (XFN-ASIA) - The US dollar was weaker against the yen in afternoon trading here as risk aversion continued to support the Japanese currency, while the greenback was higher against the euro on profit-taking, dealers said. At 2.13 pm here (0313 GMT), the dollar was at 115.80 yen, down from 116.64 yen nearly 4-1/4 hours earlier. The euro was at 1.3146 usd, down from 1.3210 usd. Dealers said ... |
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Wage pressures boost likelihood of interest rate hike this month ...
5 Mar 2007
source:
iii.co.uk
LONDON (AFX) - Upward pressure on wages means rises in interest rates is likely this month, according to the latest BDO Stoy Hayward Business Trends report. The report, which pulls together all the UK's main business surveys, reveals that a tightening of the labour market coupled with high inflation expectations could push up wage demands. The BDO employment index increased 1.1 points to 108.9 in ... |
