| Euro, British Pound Lose Ground as Market Sentiment Falters, U.S. 2Q GDP on Tap (DailyFX) The Euro pulled back on Friday and slipped to a low of 1.2980 during the overnight trade as investors scaled back their appetite for risk, and the shift in mark sentiment could lead the EUR/USD to retrace the advance from earlier this week as the economic docket is expected to show the world’s largest economy expanding at a slower pace in the second quarter. finance.yahoo.com |
Currencies: Dollar pares gains after U.S. retail sales, CPI (at MarketWatch) The dollar posts small gains against the euro on Friday after U.S. data on retail sales and inflation were added to a mix of positive European data and weak stocks, which left investors uncertain about the trajectory for global economic growth. us.rd.yahoo.com |
Hertz stands pat after Avis raises Dollar bid [at MarketWatch] - Hertz says it won’t budge on its $1.44 billion bid to buy Dollar Thrifty Automotive Group after Avis Budget Group sweetened its offer. us.rd.yahoo.com |
FOREX-Euro erases gains vs dollar after Juncker comments The euro erased gains against the dollar in early New York trade on Friday after Eurogroup Chairman Jean-Claude Juncker said he was not happy with the euro zone single currency reaching $1.4000. us.rd.yahoo.com |
Currencies: Dollar turns up as euro falls under $1.40 The dollar turns up slightly, recovering from a downturn following more U.S. economic data, after being higher on the back of remarks from Treasury Secretary Geithner. us.rd.yahoo.com |