| [$$] Soaring Czech Koruna Sparks Intervention Jitters (at The Wall Street Journal) Soaring Koruna Sparks Intervention Jitters The Czech National Bank could soon take action to tame its soaring currency, analysts warn, after the koruna this week shot to its highest level against the euro since late 2008. us.rd.yahoo.com |
[$$] Japan Hints at Yen Intervention (at The Wall Street Journal) Japan Hints at Yen Intervention Japan s finance minister threatened to act against the strengthening yen for the first time Thursday, in an effort coordinated with Japan s central bank to tame the surging currency and address growing frustration at home. us.rd.yahoo.com |
MONEY MARKETS-US short end flattens; 5yrs trade special [at Reuters] - * Eurodollar curve squeezed flatter by views on Fed * Low-rate pressure also compresses Libor curve. * Repos: five-year Treasuries trading special us.rd.yahoo.com |
Currency volatility threatens growth, Trichet says Excess volatility in exchange rates poses a risk to economic stability, European Central Bank president Jean-Claude Trichet warned Thursday, as the euro briefly topped the $1.40 mark for the first time in eight months. finance.yahoo.com |
Treading Carefully in the Currency Bazaar While the long-term outlook for the dollar seems to be dismal these days, what about other currencies? us.rd.yahoo.com |