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		<a href="/en/currencies/872-eu-criticizes-saps-eurozone-countries-rating-cut.html" class="contentpagetitle">EU criticizes S&amp;P’s EuroZone countries rating cut</a>


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<p>The <b>European</b> <b>Union</b> (EU) <b>Economic</b> Affairs Commissioner Olli Rehn  Friday criticized Standard &amp; Poor’s for its decision to downgrade  credit ratings of 9 EuroZone countries.</p>
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		Last Updated on Monday, 16 January 2012 12:36

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		<a href="/en/currencies/871-usd-and-yen-fall-on-signs-eu-is-solving-crisis-brazils-real-rises.html" class="contentpagetitle">USD and Yen fall on signs EU is solving crisis, Brazil’s Real rises</a>


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<p>The US and Yen fell against most major peers as a meeting between  Germany’s chancellor and the International Monetary Fund’s managing  director added to signs European leaders are moving to end the debt  crisis. 
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<p>With a vote Tuesday in Slovakia on the proposal to aid Greece, Mr.  Sulik, who has opposed the plan, has the power, some say, to save  Europe’s economy or push it over the edge, with Global consequences.
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<p>The Indonesian Finance Ministry has raised 10-T Rupiah (US$1.09-B) in  <b>bond</b> auction, higher than the initial target of 7-T Rupiah  (US$760.87-M), indicating that investor confidence rises in the emerging  economy, a statement from the ministry said  Wednesday.
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<p>The U.S. dollar remained steady against its major counterparts on Tuesday despite French downgrade fears being lifted.
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		<a href="/en/currencies/867-audusd-surge-pauses-at-10350.html" class="contentpagetitle">AUD/USD surge pauses at 1.0350</a>


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<p><b><a class="simply_intern" href="/en.html?view=article&amp;id=89" title="" rel="index.php?view=simplylink&catid=2&id=16&option=com_simplylinks" >Aussie</a></b> rose for a second consecutive day  against the dollar on Tuesday, rallying from a recent 2-week low as risk  appetite improved ahead of an ECB policy meeting and widely anticipated  debt auctions from two of Europe’s larger economies.</p>
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		Last Updated on Wednesday, 11 January 2012 19:23

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