| Forex Fundamental Trends Monitor 07.19.2010 (DailyFX) Euro looks to EU stress tests while the Pound tracks the rates outlook as the BOE releases July’s meeting minutes. The Yen and the commodity bloc are anchored to stock markets as the earnings season continues. finance.yahoo.com |
British Pound Volatility Ahead on Bank of England Rate Decision (DailyFX) British Pound Volatility Ahead on Bank of England Rate Decision Fundamental Forecast for British Pound: Neutral - Technical Positioning Hints Pound to Reverse Lower vs US Dollar - Rates Outlook Key as British Pound Clings to UK-US Libor Spread The British Pound may turn volatile in the week ahead as the Bank of England delivers the first rate decision based on an updated inflation outlook taking into account the government’s austerity budget. finance.yahoo.com |
[$$] Hitachi President Urges Action on Yen [at The Wall Street Journal] - Hitachi President Urges Action on Yen The president of Hitachi said the Japanese government should manage rapid changes in foreign exchange rates as the rising yen puts big pressure on companies in the short term. us.rd.yahoo.com |
China: How to share in forecast renminbi rises [at Financial Times] - The long march towards a truly international Chinese currency has recently taken some small but highly significant steps. In August, hamburger chain McDonald s became a trailblazer in the renminbi-denominated bond market, as it issued $29m of debt in Hong Kong - a first by a western company. us.rd.yahoo.com |
Dollar Mixed Ahead of U.S. Jobs Report The dollar was mixed within pretty tight trading ranges Friday ahead of the U.S. nonfarm payrolls figures data. us.rd.yahoo.com |