Forex Strategy Outlook: Currency Volatility Drops, Range Strategies Become Attractive (DailyFX)
Forex market volatility expectations have dropped considerably through the past week of trade, pointing to smaller currency moves in the weeks ahead. Increasingly choppy price action serves as clear reminder that we have entered summer trading, and few currencies have shown any signs of breaking well-established ranges. finance.yahoo.com |
Euro steady against dollar (AP)
The euro is almost steady against the dollar ahead of the publication of stress tests for Europe s banks, which are expected to shed light on the continent s financial industry in the wake of the sovereign debt crisis. finance.yahoo.com |
Strong Yen Helps to Fuel Germany’s Export Boom
[at New York Times] - Europe tends to focus on the dollar exchange rate, but the yen’s recent rise is helping Germany significantly. us.rd.yahoo.com |
New global rules aim to strengthen banks
BASEL - Global financial regulators on Sunday agreed on new rules designed to strengthen bank finances and rein in excessive risk-taking to help prevent another crisis.Banks will be forced to hold more and safer kinds of capital... nzherald.co.nz |
Crude oil rises as G-20 talks weigh on dollar
Crude-oil futures rise Monday as the dollar resumes its decline, hitting a 15-year low against the Japanese yen, after the weekend’s Group of 20 gathering produced little reason to hold on to it. us.rd.yahoo.com |