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Dollar falls in thin trading ahead of profit reports from major banks
Special Report: Global Financial Crisis NEW YORK asics schuhe, April 13 (Xinhua) -- The dollar fell against major currencies on Monday as rising Asian stocks boosted risk appetite in foreign exchange trading. Currency trade was thin on Monday as European markets were closed on Monday for Easter holiday. Investors were waiting for quarterly profit reports from major U.S. financial institutions including Citigroup asics herren, Goldman Sachs and JP Morgan Chase. China's central bank reported on Saturday that credit extended by China's banks in the first quarter hit a record high. Through March asics aaron, the M2 figure -- a broad measure of money supply which covers cash in circulation and all deposits -- grew 25.5 percent from a year earlier. As a latest sign that the economy is gaining strength asics australia, the report helped Chinese stocks up more than 3 percent on Monday. Riskier currencies were also helped by a news report that China is planning to announce a new economic stimulus plan aimed at boosting consumption. The euro bought 1.3358 dollars in late New York trading compared with 1.3165 dollars it bought late Thursday. The pound rose to 1.4831 dollars from 1.4677 dollars. The dollar fell to 1.2204 Canadian dollars from 1.2251 Canadian dollars asics schuhe, and fell to 1.1346 Swiss francs from 1.1559 Swiss francs. It fell to 100.08 Japanese yen from 100.52 Japanese yen.Related articles:
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22.11.2011 (4741 días)
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