| Chinese central banker says yuan could go down (at MarketWatch) China will let its currency fall if needed to support exports, a Chinese central bank advisor says. us.rd.yahoo.com |
MONEY MARKETS-US money funds cling to $1-a-share principle (at Reuters) * Industry resists calls to abandon stable share practice * Proponents argue floating share price gauges risk better * Some see stable, floating share funds could co-exist us.rd.yahoo.com |
Key House Democrat: Japan forex move disturbing [at MarketWatch] - Rep. Sander Levin, the chairman of the House Ways and Means Committee, on Wednesday called Japan s intervention overnight in the foreign exchange market to weaken its currency a deeply disturbing development. us.rd.yahoo.com |
Eurozone Econonmic Confidence Rises to the Highest Level Since January 2008 [DailyFX] - Economic confidence in the Eurozone topped expectations in September as figures rose its highest level since January 2008, while the broadest measure of money supply in the U.K. dropped 0.1 percent in August after rising 0.4 percent the month prior. finance.yahoo.com |
Currencies: Dollar mostly higher as risk appetite fades The dollar rises versus most major rivals, but loses further ground versus the yen, after fears of tighter Chinese monetary policy dent risk appetite. us.rd.yahoo.com |