| Euro, British Pound Pare Advance Following Cautious Comments From European Policy Makers (DailyFX) The Euro tipped higher for the fifth day and rallied to a high of 1.3041 during the overnight trade, but the intraday advance appears to be losing steam going into the North American session as European policy makers maintain a cautious outlook for the region. finance.yahoo.com |
MONEY MARKETS-Dlr rates down after Fed renews buying (at Reuters) * Dollar rates fall after Fed renews bond purchases * U.S. rates seen on hold for longer * Euro rates edge up as banks scale back liquidity us.rd.yahoo.com |
Currency intervention [at Financial Times] - A little sympathy, please, for Japan s Ministry of Finance. A week after it intervened unilaterally in currency markets to weaken the yen, causing fingers to wag in the US and Europe, the drop against the dollar has been a mighty 2 per cent. us.rd.yahoo.com |
Currencies: Dollar falls to 8-month low after ADP report [at MarketWatch] - The U.S. dollar extends losses after ADP s report on U.S. private companies shows payrolls unexpectedly dropped last month. us.rd.yahoo.com |
FOREX-Dollar tries out firmer ground, choppy times ahead * Choppiness expected but with lack of much direction * Euro has scope to fall to $1.3775 after balking at $1.4000 By Charlotte Cooper and Masayuki Kitano us.rd.yahoo.com |