| UPDATE - Merkel says euro zone has bought itself time (at Reuters) * Euro zone must consolidate budgets to secure euro - Merkel * Germany focused on budget consolidation, not tax relief us.rd.yahoo.com |
Currencies: Euro touches $1.30 as pressure on dollar builds (at MarketWatch) Concerns about U.S. growth kept the U.S. dollar under pressure, as the European single currency eyed a test of the $1.30 level and the Japanese yen continued to benefit from its safe-haven status. us.rd.yahoo.com |
Treasurys up, dollar mixed after durable goods (at MarketWatch) Treasury prices held onto gains and the dollar lost ground against major currencies on Wednesday after U.S. orders for durable goods rose 0.3% in July, far less than economists expected. us.rd.yahoo.com |
Dollar Mixed, Consolidates Vs. Euro [at TheStreet.com] - The U.S. dollar was mixed Thursday as it consolidates against the euro and Swiss franc, remains heavy against the yen and is performing best against sterling. us.rd.yahoo.com |
Crescenzi: Money Supply Intrigue-M2 Still Accelerating The vast amount of excess reserves in the U.S. banking system is of course fuel for money supply growth, but the match has been miles away. us.rd.yahoo.com |