| Forex Strategy Outlook: US Dollar Downtrend Favors Momentum Strategies (DailyFX) Continued declines in forex market volatility expectations point to small currency movements in the weeks ahead. Yet a continued US Dollar downtrend suggests that key pairs may continue to set fresh lows and highs. finance.yahoo.com |
Worries about US recovery deepen (at Financial Times) Tuesday 18.15 BST. Disappointing US economic data is driving a surge in demand for low-yielding assets, with the Japanese yen setting another 15-year high and government bonds at further record low yields. us.rd.yahoo.com |
Dollar up from 6-month low versus euro [at MarketWatch] - The U.S. dollar rises on renewed worries about the impact of the single-currency region’s ongoing debt woes. us.rd.yahoo.com |
Forex: Euro Holds Narrow Range, Bearish U.S. Dollar Sentiment To Carry Into Next Week The Euro held within the previous days during the overnight trade, with the exchange rate falling back from a high of 1.4112, but the single-currency could face increased volatility throughout the day as Fed officials are scheduled to speak going into the weekend. finance.yahoo.com |
F&P Appliances cuts forecast Fisher & Paykel Appliances cut its earnings forecast yesterday, saying it expects difficult trading conditions in the near-term.Analysts and the company say a general pickup in the global economy will be needed before demand for... nzherald.co.nz |