| Euro, British Pound Pull Back as Risk Appetite Wanes (DailyFX) The Euro slipped to a low of 1.3182 during the overnight trade following the shift in market sentiment, and the single-currency may continue to lose ground going into the North American session as investors scale back their appetite for risk. finance.yahoo.com |
[$$] Dollar Falls Vs. Most Rivals (at The Wall Street Journal) Dollar Falls Against Rivals The dollar extended its losses against the yen, nearing a 15-year-low at 84.72 yen as investors fled to the traditional safe haven. us.rd.yahoo.com |
The Long View of Changes in China’s Currency A stronger renminbi would not be a quick fix for our problems, but it is crucial to correcting the global economy’s imbalances. nytimes.com |
Buffett Issues Bearish Warning on Euro Warren Buffett, who last month called himself "a huge bull" on the United States, said the euro faces "a real challenge" after the currency posted its biggest quarterly gain in eight years. us.rd.yahoo.com |
Geithner expecting yuan to get stronger United States Treasury Secretary Tim Geithner expects China will allow the yuan to strengthen because officials there understand it's in the interest both of domestic growth and global economic stability."They recognise it's important... nzherald.co.nz |