| Currencies: Dollar falls 1% on stock gains, Europe data (at MarketWatch) The U.S. dollar fell Thursday, losing ground against the euro and other major currencies as U.S. corporate and housing reports supported equities and reduced demand for the perceived safety of the greenback. us.rd.yahoo.com |
Toyota concerned over dollar s weakness (at Financial Times) Toyota expressed fears about the dollar s worrying decline against the yen after the US currency fell to levels that threatened to undermine its nascent profit recovery. us.rd.yahoo.com |
Japan Acts to Weaken Yen Japan moved to weaken the yen to aid its economy, its first intervention in the currency markets since 2004. nytimes.com |
Forex: Euro Extends Advance on U.S. Dollar Weakness, British Pound Holds Tight Range [DailyFX] - The Euro rallied to a fresh monthly high of 1.3642 as investors raised their appetite for risk, and market sentiment is likely to dictate price action throughout the North American trade as the economic docket remains fairly light for Wednesday. finance.yahoo.com |
Nikkei drops 2.1 pct; eyes on intervention, Fed move Japan's Nikkei average fell 2.1 percent on Tuesday, dragged lower by a climb in the yen to fresh 15-year highs against the dollar, with investors nervous to see whether authorities will intervene in the currency markets. us.rd.yahoo.com |