Euro Is Like Little Engine That Could, And Did (at Forbes)
August starts with a softer dollar as the euro, pound and aussie all rally. us.rd.yahoo.com |
Yen rises after weak Japan growth data (at Financial Times)
The yen advanced towards a 15-year high against the dollar on Monday after weak economic data from Tokyo heightened concerns over the global economy and fuelled haven demand for the Japanese currency. us.rd.yahoo.com |
Brazil has arsenal to prevent forex rally -fin min
[at Reuters] - Brazil s government has an arsenal of foreign exchange instruments to prevent the real from strengthening too much and won t stand on the sidelines as other countries currency policies harm local exports, Finance Minister Guido Mantega said on Monday. us.rd.yahoo.com |
FOREX-Dollar trades at 15-year low below 82 yen
* U.S. payrolls show unexpected drop in September * Dollar falls below 82 yen to 15-year low * Fed's Bullard earlier says more easing not obvious case us.rd.yahoo.com |
EUR/USD Presents Scalping Opportunity Ahead of G-20
The EUR/USD has started to quiet as caution reigns ahead of the G-20 meetings, as the developing currency war will be the main topic. Although progress on the issue isn’t expected the gathering could be the first step toward a global effort to bring exchange rates in balance which could impact direction to start next week. finance.yahoo.com |