Currencies: Dollar regains footing against resurgent euro (at MarketWatch)
The euro, recently hot, cools to start the week, dropping back below $1.26 as investors appear to book profits on the single currency. The dollar also gains on the British pound. us.rd.yahoo.com |
[$$] Dollar Falls Vs. Most Rivals (at The Wall Street Journal)
Dollar Falls Against Rivals The dollar extended its losses against the yen, nearing a 15-year-low at 84.72 yen as investors fled to the traditional safe haven. us.rd.yahoo.com |
SNB is backed into a forex corner
[at Financial Times] - The Swiss franc might be hovering near record highs against the euro, but the Swiss National Bank is unlikely to revert to direct intervention to stem the currency s appreciation, says Chris Turner, head of FX strategy at ING ING. us.rd.yahoo.com |
As Miners Soar, Dollar Slides
Xstrata and Fresnillo jump while talk of Fed easing puts more pressure on the dollar. us.rd.yahoo.com |
Geithner expecting yuan to get stronger
United States Treasury Secretary Tim Geithner expects China will allow the yuan to strengthen because officials there understand it's in the interest both of domestic growth and global economic stability."They recognise it's important... nzherald.co.nz |