Tuesday, January 13, 2009

Auto Loan St Cloud

* Dollar slide over board, hit 2-MTH low dollar vs euros * 2-Hits MTH low vs basket of currencies. DXY * focus on the fate of the US car manufacturers, Fed rate decision (entrances comment, actualizations, changes author line changes DATE LINE, LONDON back) with Wanfeng Zhou New York, 15 December (Reuters) - the US Dollar fell on two-monthly low in relation to the euro and a basket of currencies on Monday, the pressure by the uncertainty over the fate auto loan St Cloud of the US car manufacturers and reduces safe haven flows. The dollar became off to react to doubts regarding a further weakening of the U.S. economy, analyst said negatively, after a run of weak data led to a drift of risky positions and the flight quality to buy in the currency. Investors avoided the Greenback in the midst of fears the loss or several the automaker

could still another one year long to recession and pull other enterprises. The Only one real question hangs over Clinton confirmation - Newsday uncertain prospects for the US car manufacturers further to hold investors before it guard, over the exposition in relation to the dollar at this point, said Omer Esiner, senior Market analyst with R�esch international in Washington. Began, in order to see, a shift on the market, where negative data off, over actually influence on the dollar negative, which in the contradiction to what seen weve for the largest part of the last few months, it added. , By nature auto loan St Cloud weaker dollar than if we became into the end of the yearly, so a bad message is only intensifies the necessity for the investors only exit of their long dollar positions. In the early New Yorker trade was the euro around 1,5

per cent with $ 1.3570, after climbing as highly as $ 1.3584, the highest level since October 15, after Reuters data. The ICE Futures US Dollar index, on the traces the value of the Greenback opposite a Change Sweeping to the FCC - Washington Post basket of six currencies, press a lowest point of 82,517. DXY., the weakest conditions since October 20. It last acted after 1,3 per cent on 82,606. Optimistic clay/tone into the global stock market also simply extreme risk shyness, the decrease of the green collars & amp; quot; Safe Haven attractiveness and promotion of the demand for higher net yields currencies. The Australian dollar around 1,1 per cent and the New Zealand dollar around 1,5 per cent. Opposite the yen, auto loan St Cloud the dollar fell 0.9 per cent on 90,31, after the collision with one more than 13-Jahres-Hoch of 88,10 yen on

Friday. But yen of profits it was limited on speculations that could attribute the Japanese authorities to it, further currency strength. Bailout IN the FOCUS the white house explained it on Friday, considers, preventing the development of a $ 700 billion financial sector rescue operation fund that a collapse ailing US car manufacturers. That was rejected after the U.S. Dinner Party Goes Bipartisan - New York Times Senate on Thursday Bailout plan, over a possible insolvency of or several of the three nations car manufacturers. But US president George W. Bush did not say on Monday a report about an Kfz industry rescue was imminent, so that industrys the fate clouded [ID: nN14461208]. Investor also still the result of a policy meeting of the federal reserve on Tuesday to see, how near zero lie the US central bank the interest lower, and which alternative measures it auto loan

St Cloud becomes the promotion of the economy. The Fed is generally expected that lowering around at least 50 base points from at present 1 per cent. Which says the Fed will probably overshadow its removal, currency strategist the Brown Brothers Harriman, wrote in a Research note. Many investors are in the search for view in those the Federal Reserve Bank expect end of the reductions of the rate of interest and which other non-traditional measures will the Fed issued. (Further State Legislature opens with Straus elected House speaker - Houston Chronicle reporting of Naomi Tajitsu in London; Treatment of Chizu Nomiyama) source

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