Greenback Opens Mixed; Portugal s Rating Is Cut (TheStreet.com)
After hitting a one-week peak against the euro overnight, the USD slipped against the British pound after Portugal s sovereign credit rating was slashed by a couple notches. finance.yahoo.com |
Australian Dollar Looks to Inflation and Risk Trends for Direction (DailyFX)
Australian Dollar Looks to Inflation and Risk Trends for Direction Fundamental Outlook for US Dollar: Neutral - RBA minutes shows upbeat outlook, looks to inflation for direction - Westpac leading index rose 0.2% in May but slipped on an annualized basis The Australian Dollar saw across the board gains during the past week, advancing 3.9%, 3.1% and 2.97% versus the Yen, Euro and Dollar respectively. finance.yahoo.com |
Toyota Feels Exchange-Rate Pinch as Rivals Gain
For all the turmoil over Toyota's wave of recalls, the world's largest automaker may face a bigger problem: the surging yen. nytimes.com |
Currencies: U.S. dollar slips, but holds ground against yen
[at MarketWatch] - The U.S. dollar edges lower against its currency rivals in Asian trading, but the greenback holds its ground against the Japanese yen as traders mulled the potential for further currency market intervention by Japanese authorities. us.rd.yahoo.com |
FOREX-Dollar gains as investors reduce short bets
* Dollar index moves between gains and losses year to date * Dollar rises to 2-week high vs yen, 1-wk high vs euro * Fed eyes gradual bond buys; several hundred bln dlrs-WSJ us.rd.yahoo.com |