| GBP/USD: Trading the U.K. Advanced 2Q GDP Report (DailyFX) As economic activity in the U.K. is expected to expand for the third consecutive quarter, the rise in GDP is likely to encourage an improved outlook for future growth, and the data could lead the British Pound to retrace the decline from earlier this week as the recovery gathers pace. finance.yahoo.com |
Asia Closes Mixed, Nikkei Slides on Strong Yen (at CNBC) Asian markets pulled back on Wednesday, with the Nikkei 225 leading the declines as exporters fell after the yen hit an eight-month high against the dollar. us.rd.yahoo.com |
Currencies: Dollar lower; Spanish auction boosts euro [at MarketWatch] - The dollar fell versus most major rivals, giving back some of its intervention-triggered gains versus the Japanese yen and losing ground to the euro in response to a well-received auction of Spanish debt. us.rd.yahoo.com |
Canadian Dollar Fails To Test 1.0200, New Zealand Dollar Carves Out Near-Term Top [DailyFX] - The Canadian dollar strengthened against the greenback on Thursday to retrace the decline from earlier this week, but remains confined with the narrow range carried over from the previous week, while the New Zealand dollar continued to lose ground, with the exchange rate slipping to a low of 0.7306. finance.yahoo.com |
Currencies: Dollar slips vs. euro in Asian trading The dollar is steady against its Japanese counterpart in Asian trading, but loses ground against the euro on continued perceptions that the U.S. Federal Reserve is headed for another round of quantitative easing. us.rd.yahoo.com |