Yen surge puts investors on alert (at Financial Times)
The yen s surge to its highest level of the year against the dollar has put investors on alert for possible currency intervention by the Japanese authorities this week. us.rd.yahoo.com |
Currencies: Dollar posts small gains vs euro after U.S. data (at MarketWatch)
The U.S. dollar gave up some of its earlier gains against the euro Friday. us.rd.yahoo.com |
Brussels raises eurozone s growth forecast
[at Financial Times] - The eurozone s economy will grow this year at nearly twice the pace forecast in the spring, the European Commission said on Monday, mostly because of the growth spurt the region experienced in the second quarter. us.rd.yahoo.com |
EUR/USD’s Test of Fibo Resistance May Present Scalping Opportunity
[DailyFX] - The EUR/USD has seen its bullish rally stall following a failed test of major resistance, as fresh concerns over the European banking system have emerged. Speculation that the Fed will add to their quantitative easing efforts continues to weigh in the greenback which remains a supportive factor for the pair. finance.yahoo.com |
IMF to deepen forex, capital flow work
IMF governing body urged fund to deepen its work on foreign exchange and capital flow issues us.rd.yahoo.com |