Latest CURRENCY News and Developments ECB raises benchmark rate to 4.25 pct - Forbes ( Thu, 03 Jul 2008 12:18:07 GMT ) ECB raises benchmark rate to 4.25 pct Forbes, NY - 13 minutes ago Higher euro zone interest rates tend to send its currency higher against the dollar as investors park money where it earns more interest. ... Global markets battered as oil prices roar higher - Turkish Press ( Thu, 03 Jul 2008 12:00:25 GMT ) Global markets battered as oil prices roar higher Turkish Press, MI - 30 minutes ago ... the euro and help fuel rising oil prices. The falling US currency encourages demand for US-priced commodities which become cheaper for foreign buyers. ECB raises benchmark rate to 4.25 pct - WBT ( Thu, 03 Jul 2008 12:17:22 GMT ) ECB raises benchmark rate to 4.25 pct WBT, NC - 13 minutes ago Higher euro zone interest rates tend to send its currency higher against the dollar as investors park money where it earns more interest. ... Accenture: what sluggish economy? - Ovum ( Thu, 03 Jul 2008 12:00:56 GMT ) Accenture: what sluggish economy? Ovum, UK - 30 minutes ago The firm also said it now expects full-year net revenue growth to fall into the upper range of its previous guidance of 9-12% in local currency, ... Forex - Pound hits 3-week low vs euro on weak UK services PMI data - FXstreet.com The Foreign Exchange Market ( Thu, 03 Jul 2008 12:19:14 GMT ) Forex - Pound hits 3-week low vs euro on weak UK services PMI data FXstreet.com The Foreign Exchange Market, Spain - 12 minutes ago ... just before the data were released, while the euro hit a fresh three-week high of 0.7996 against the UK currency after previously trading at around 0.7981. Toronto area parts maker closes plants, 2000 jobs lost - KBS Radio ( Thu, 03 Jul 2008 12:06:10 GMT ) Toronto area parts maker closes plants, 2000 jobs lost KBS Radio, Canada - 25 minutes ago Daniher blamed a heavy debt load, declining vehicle sales, the increasing cost of commodities and currency fluctuations in North America. ... Oil Soars Past 145 Dollars for First Time - Aljazeera.com ( Thu, 03 Jul 2008 12:07:40 GMT ) Oil Soars Past 145 Dollars for First Time Aljazeera.com, UK - 23 minutes ago The Iranian tensions, along with unrest which has cut output in key African producer Nigeria, and the weaker US currency were among factors combining to ... Film Enthusiasts Can Use Their Visa Cards to Purchase Advance ... - Market Wire (press release) ( Thu, 03 Jul 2008 12:02:33 GMT ) Film Enthusiasts Can Use Their Visa Cards to Purchase Advance ... Market Wire (press release) - 28 minutes ago Visa enjoys acceptance around the world and Visa/PLUS is one of the world's largest global ATM networks, offering cash access in local currency in more than ... Stocks tumble worldwide - Conde Nast Portfolio ( Thu, 03 Jul 2008 12:13:40 GMT ) Stocks tumble worldwide Conde Nast Portfolio, NY - 17 minutes ago In the currency market, the euro benefited from the expected ECB rate hike while the dollar fell as low as $1.5897 per euro. "The risks for the dollar are ... Mustang Minerals Corp.: New PGM+Ni+Cu Mineralization Drilled at ... - Market Wire (press release) ( Thu, 03 Jul 2008 12:02:34 GMT ) Mustang Minerals Corp.: New PGM+Ni+Cu Mineralization Drilled at ... Market Wire (press release) - 28 minutes ago ... production and costs estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, ... ANALYSIS: Does the United Nations Accept the Rule of Law? - myfoxny.com ( Thu, 03 Jul 2008 12:06:37 GMT ) ANALYSIS: Does the United Nations Accept the Rule of Law? myfoxny.com, NY - 24 minutes ago Among other things, the whistleblower charged that UNDP had funneled millions in hard-currency to the regime of North Korean dictator Kim Jong Il and ... South Africa 'offers good value to tourists' - Realestate TV ( Thu, 03 Jul 2008 12:16:04 GMT ) South Africa 'offers good value to tourists' Realestate TV, UK - 15 minutes ago By contrast, sterling has slumped to a record low against the single European currency, which has pushed up the cost of travelling to places such as Italy ... Oil price surges to record past $146 - FXstreet.com The Foreign Exchange Market ( Thu, 03 Jul 2008 12:18:29 GMT ) Oil price surges to record past $146 FXstreet.com The Foreign Exchange Market, Spain - 12 minutes ago On Thursday, the oil market also found key support from the struggling US currency, which makes dollar-priced commodities cheaper for foreign buyers and ... US Is in No Shape to Give Advice, Medvedev Says - BlueRidgeNow.com ( Thu, 03 Jul 2008 12:07:56 GMT ) US Is in No Shape to Give Advice, Medvedev Says BlueRidgeNow.com, NC - 23 minutes ago This system cannot be oriented toward only one country and only one currency. A former law professor who has spent much of his career as a ... ANALYSIS: Does the United Nations Accept the Rule of Law? - MyFox Memphis ( Thu, 03 Jul 2008 12:02:51 GMT ) ANALYSIS: Does the United Nations Accept the Rule of Law? MyFox Memphis, TN - 28 minutes ago Among other things, the whistleblower charged that UNDP had funneled millions in hard-currency to the regime of North Korean dictator Kim Jong Il and ... Oil tops $145 ahead of July 4 holiday - ReportonBusiness.com ( Thu, 03 Jul 2008 12:07:28 GMT ) Oil tops $145 ahead of July 4 holiday ReportonBusiness.com, Canada - 23 minutes ago The currency was forecast to fall further when the European Central Bank announces what is expected to be its first rate rise in more than a year at 1145 ... 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