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Euro Pares Gain Against Yen on Signs Global Economic Recovery May Be Slow

Nov. 9 (Bloomberg) -- The euro pared gains versus the yen on signs the global economic recovery may be slow, backing the case for the European Central Bank to keep interest rates low. Full Article at Bloomberg.com

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  1. LONDON -- World stocks dipped toward the previous session's four-week lows on Tuesday as investors continued to fret over the early removal of government stimulus, particularly in the financial sector. Full Article at Financial Post

  2. Oct. 28 (Bloomberg) -- The yen gained against major counterparts on speculation the global economic recovery will slow, reducing demand for higher-yielding assets. Full Article at Bloomberg.com

  3. Oct. 24 (Bloomberg) -- The dollar weakened to $1.50 per euro for the first time in 14 months as more evidence of a recovery in the global economy from recession increased demand for higher-yielding assets. Full Article at Bloomberg.com

  4. Oct. 1 (BusinessWire) – A measure of business activity in Chicago, used as a national benchmark in the U.S. , and data showing companies cut payrolls more-than-expected suggest the world’s biggest economy will manage only a slow recovery. Full Article at Scoop - New Zealand News

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  1. President of European Central Bank (ECB) Jean Claude Trichet talks to the audience during a conference in Madrid November 23, 2009.
  2. ST ANDREWS, SCOTLAND - NOVEMBER 06: Jean-Claude Trichet ,President of the European Central Bank, arrives to attend the G20 Finance Ministers meeting at a hotel in St. Andrews, on November 6, 2009 in St Andrews, Scotland.
  3. ISTANBUL, TURKEY - OCTOBER 3:  In this handout image supplied by the IMF, G-7 Finance Ministers and their Bank Governors hold a meeting at the Istanbul Congress Center October 3, 2009 in Istanbul, Turkey.
  4. DUNEDIN, NEW ZEALAND - NOVEMBER 25:  Brendon McCullum of New Zealand blocks the ball down during day two of the First Test match between New Zealand and Pakistan at University Oval on November 25, 2009 in Dunedin, New Zealand.
  5. New Zealand Director Peter Jackson arrives for the 2009 Royal Film Performance and World Premiere of The Lovely Bones, in London's Leicester Square, Tuesday, Nov. 24, 2009.
  6. SHENZHEN, GUANGDONG - NOVEMBER 24: Danny Lee of New Zealand plays a shot during practice for the Omega Mission Hills World Cup on the Olazabal course on November 24, 2009 in Shenzhen, China.
  7. DUNEDIN, NEW ZEALAND - NOVEMBER 24:  Saeed Ajmal celebrates with Kamran Akmal of Pakistan after dismissing Ross Taylor of New Zealand for 94 runs during day one of the First Test match between New Zealand and Pakistan at University Oval on November 24, 2009 in Dunedin, New Zealand.
  8. DUNEDIN, NEW ZEALAND - NOVEMBER 23:  ICC Chief Executive Haroon Lorgat shares a laugh with President of New Zealand Cricket Denis Currie during the official launch of the ICC Under 19 Cricket World Cup at the University Oval on November 23, 2009 in Dunedin, New Zealand.
  9. LONDON, ENGLAND - NOVEMBER 21:  Rachael Burford of England passes the ball as she is closed down by Huriana Manuel of New Zealand during the Women's International match between England and New Zealand at Twickenham on November 21, 2009 in London, England.

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