| Euro Vulnerable as Markets Weigh Stress Tests, Short-Covering Slows (DailyFX) Euro Vulnerable as Markets Weigh Stress Tests, Short-Covering Slows Fundamental Forecast for Euro: Bearish - European Manufacturing, Services Activity Unexpectedly Accelerates - German Business Confidence Topped Expectations in July, Says IFO - Euro Mute After Stress Test Results – Is This a Sign of Confidence? finance.yahoo.com |
British Pound, Euro Weighed By Unexpected Decline in Business Outputs (DailyFX) The British Pound pared the previous day’s advance and slipped to a low of 1.5839 during the European trade as the economic docket reinforced a weakened outlook for future growth, and the GBP/USD may continue to trend lower going into the end of the week as the labor market in the world’s largest economy is expected to deteriorate for the second consecutive month in July. finance.yahoo.com |
Taking A Step Back; Here Are Two Trades We Love Over the Next 12 Months [DailyFX] - It seems as though the market close on Thursday has encouraged some fresh currency long positions with the Euro failing to show any signs of stalling and in fact accelerating to fresh multi-days highs beyond 1.3100. finance.yahoo.com |
France and China hold talks on exchange rates [at Financial Times] - France and China have been in talks for the past year as part of an effort by Paris to heighten co-ordination of exchange rates to promote stability of the international monetary system in the wake of the financial crisis. us.rd.yahoo.com |
Brian Fallow : Currency scrap yet to become a brawl Currency wars is a phrase that has gained some currency of late. It is the kind of expression we journalists love, evoking conflict and carnage. But is it warranted?Certainly there is an elevated level of bad temper between the... nzherald.co.nz |