| U.S. Dollar Open Modestly Softer; Euro Off Peak (TheStreet.com) The euro stayed below Friday s two-month high against the dollar and even firmed at the outset of Monday trading, despite news of a ratings downgrade in Ireland. finance.yahoo.com |
U.S. Dollar Trades With Mixed Tone (at TheStreet.com) The U.S. dollar has been trading with a mixed tone ahead of Friday s second-quarter gross domestic product data from the U.S. us.rd.yahoo.com |
Currency Correlations Loosen as the Lack of a Clear Cross-Market Sentiment Trend Curbs Trading [DailyFX] - The most remarkable shift in FX-based correlations through the past month was the general slackening of the connection between short-term price swings. This was not just a weakening in the related moves between two pairs at the extremes of the yield-differential spectrum or a pair of exchange rates that share a tight fundamental tie. finance.yahoo.com |
Forex Weekly Trading Forecast - 09.27.10 [DailyFX] - US Dollar at Risk of Declines as Fed Hints at Fresh Quantitative Easing Euro Rally Increasingly Suspicious as Fundamentals Remain Anchored Japanese Yen Could Strengthen On Safety Flows Despite Active BoJ British Pound Rally Could Falter As Economic Outlook Deteriorates Canadian Dollar Underperforms and Outlook Remains Bearish Australian Dollar: Trends Higher But A Reversal May Be on the Horizon New Zealand Dollar Unable to Join Rally as Rates, Growth Dim Gold Likely to Extend Gains Amid Uncertainty, $1300 Looms Ahead finance.yahoo.com |
Forex: U.S. Dollar Benefits From Risk Aversion, But Will Bullish Sentiment Behind The Greenback Hold? The Euro bounced back from a low of 1.3842 ahead of the North American trade to maintain a narrow range, and the single-currency could face increased volatility going into the end of the week as the economic docket is expected to reinforce a weakened outlook for the world’s largest economy. finance.yahoo.com |