Archive for September 29th, 2007

China's state forex investment company debuts

September 29th, 2007

Liftoff a long time coming Even as the world globalizes and goods and capital flow at lightning speed the idea of modernizing the world’s currency system is considered nothing short of radical. The euro took 25 years to get off the ground and 25 years of thinking about it before that.
Sat, […]


Loonie surges above parity

September 29th, 2007

US Dollar Slumps To Record Low Against Euro, Loonie SoarsUS Dollar Slumps To Record Low Against Euro, Loonie SoarsThe dollar fell to a record low against the euro for the seventh consecutive session while the Canadian dollar hit a 31-year high as inflation data raised expectations that the Federal Reserve Bank would again lower interest […]