Economic outperformance hopes boost British pound (at MarketWatch)
Sterling embellishes its recent charge higher, pressing above $1.58 for the first time since February amid growing confidence that Britain’s economic recovery is picking up steam -- and may outpace the United States and the euro zone. us.rd.yahoo.com |
Dollar edges lower as US data, earnings positive (AP)
Some positive U.S. economic data seemed to support the idea of a recovering economy Tuesday, weighing on the dollar and other safe haven assets. finance.yahoo.com |
Germany opposed to extending euro rescue fund
[AP] - The huge rescue fund that saved the euro this year should not be extended beyond 2013, German Chancellor Angela Merkel said Tuesday, as she called instead for tougher consequences for overspending by member states in the currency bloc. finance.yahoo.com |
Euro breaks $1.40 mark again
The euro has risen against the dollar and briefly broken through the $1.40 mark again after poor U.S. jobs data and the failure of a weekend meeting of global finance ministers to resolve currency tensions. finance.yahoo.com |
FOREX-Dollar supported as G20 meeting looms
* Market seen cautious ahead of G20 meeting * Concrete agreement on currencies seen unlikely * Euro capped after repeated failure above $1.40 us.rd.yahoo.com |