| U.S. Dollar, Japanese Yen Weighed by Rebound in Risk Sentiment (DailyFX) The Euro pared the previous day’s decline and rallied to a high of 1.2605 during the overnight trade following the rise in risk appetite, and the single-currency may continue to appreciate going into the North American session as the economic docket remains fairly light for the remainder of the day. finance.yahoo.com |
Treasurys, dollar up after retail sales, CPI (at MarketWatch) Treasury prices and the dollar held onto gains on Friday after a report showed U.S. retail sales rose 0.4% in July, a little less than analysts expected. Separately, the Labor Department said its consumer price index rose 0.3% last month. us.rd.yahoo.com |
NZ dollar recovers from break below US70c The New Zealand dollar recovered a tumble to a seven-week low against the greenback as equity markets firmed today.The NZ dollar was at US70.29c at 5pm from US69.86c at 8am and US70.15c at 5pm yesterday.The rise came as Asian... nzherald.co.nz |
Gold prices mildly lower on U.S. dollar gains Gold prices fell Friday as commodity prices retreated along with stock futures as the U.S. dollar recovered. The contract for December delivery fell 40 cents to $1,337.60 an ounce in electronic trade on the New York Mercantile Exchange. us.rd.yahoo.com |
Rule predicts German need for monetary policy support Even Germany needs more monetary policy support - let alone the eurozone's periphery - in spite of the hawkish views of the Bundesbank's European Central Bank representative Axel Weber, argues Jennifer McKeown, senior European economist at Capital Economics. us.rd.yahoo.com |