| Euro to Extend Gains as Yield Spreads Narrow, Shorts Unwind (DailyFX) Euro to Extend Gains as Yield Spreads Narrow, Shorts Unwind Fundamental Forecast for Euro: Bullish - European Central Bank Leaves Interest Rates Unchanged - Euro Confirms Head and Shoulders Bottom vs US Dollar - Trichet to Meet with EU Banks Before Stress Tests Revealed| The Euro set to extend gains in the week ahead amid renewed downward pressure on US borrowing costs against a backdrop of a static European fundamental landscape, narrowing the greenback’s yield advantage and encouraging continued portfolio readjustment away from a skewed bias against the single currency. finance.yahoo.com |
Dollar down after Bernanke as world stocks stabilize (Reuters) The dollar fell toward a seven-month low against the yen but world stocks recovered earlier losses on Thursday after Federal Reserve chairman Ben Bernanke painted a gloomy outlook for the U.S. economy. finance.yahoo.com |
MONEY MARKETS-U.S. rates futures fall after ISM surprise [at Reuters] - * U.S. rates futures fall as traders rethink rate hike * Benchmark euro/dollar Libor rates steady * ECB expected to extend unlimited liquidity provision us.rd.yahoo.com |
Dollar Mixed After Yen Intervention [at TheStreet.com] - The U.S. dollar was trading broadly mixed against the major foreign currencies; it s consolidating Wednesday s intervention-inspired losses against the yen. us.rd.yahoo.com |
Currencies: Dollar recovers as G-20 ministers meet Currency traders focus on the meeting of finance ministers from the Group of 20 nations in South Korea. us.rd.yahoo.com |