| Dollar Finally Gains Traction as Sentiment Plunges but Fundamental Catalysts Undermine Advance (DailyFX) • Euro Eases off its Risk Course but the EU Stress Test Results Next Week Will Determine its Bearing • British Pound Tumbles Ahead of Week Loaded with Growth, Interest Rate and Financial Health Updates • Japanese Yen Further Retreats into its Role as the FX Market’s Favored Funding Currency • New Zealand Dollar Suffers its Biggest Drop Since October as Inflation Data Accelerates Risk Aversion finance.yahoo.com |
MONEY MARKETS-Dollar interbank rates fall, euro rates dip (at Reuters) * Three-month dollar Libor hits lowest since mid-May * Eurodollar futures hit contract highs on low-rate view * Key euro lending costs dip, halting long run of rises us.rd.yahoo.com |
Currencies: Euro edges up as China data boosts risk appetite [at MarketWatch] - The U.S. dollar struggles to find direction Friday, while the euro gains a little ground in range-bound action following strong Chinese trade data. us.rd.yahoo.com |
Currencies: Dollar declined after U.S. housing data [at MarketWatch] - The U.S. dollar succumbs in the face of rumors of Japanese intervention to sell the yen. us.rd.yahoo.com |
EU pushes China on currency - but action unlikely BRUSSELS - Countries around the world are acting to keep their currencies from rising, in what one official calls a looming "international currency war." Europe, however, stands out as unlikely to intervene and lower the value of... nzherald.co.nz |