1. And it could weaken European currencies against the dollar when the financial markets open on Monday. 2. And so it goes across Asia these days, where economies teeter on the edge of recession thanks to mounting debt and weakening currencies. 3. Another cut would weaken the currency further, traders said. 4. At the same time, they can weaken a currency by making deposits and bonds denominated in it less attractive. 5. At the same time, weakening Asian currencies will make Asian goods less expensive and more competitive, analysts said. 6. Brazil risks a Mexico-style financial collapse and should weaken its currency to head off a crisis, a former adviser to U.S. President Bill Clinton warned. 7. A declining pound was another negative for U.K. stocks and bonds, as diminished prospects for higher U.K. rates weakened the currency. 8. A cut in interest rates usually weakens a currency by lowering returns on deposits. 9. A currency is generally weakened by a rate cut because the return from putting money into that country becomes less attractive. 10. A cut in rates usually weakens the currency by offering lower returns on deposits. |