| Euro s Rocket Ride Fizzles Near $1.30 (at Forbes) The U.S. dollar rises as profit taking puts selling pressure squarely on the euro and pound. This is likely not an overall shift in sentiment. Pay attention to price action early next week. us.rd.yahoo.com |
Euro hits 2-mth high vs yen (at Reuters) The euro hit a two-month high against the yen on Wednesday as the resilience of the euro zone economy and solid European bank earnings released the previous day helped boost investor risk appetite. us.rd.yahoo.com |
Trichet calls for tougher euro rules [at Financial Times] - Eurozone members that break the region s rules on public finances should be excluded temporarily from Europe s political decision-making, the president of the European Central Bank has proposed. us.rd.yahoo.com |
Kiwi dollar remains near five-month low against aussie The New Zealand dollar continues to struggle against its Australian counterpart following hawkish comments from the Reserve Bank of Australia (RBA).It was around a five-month low against the aussie, buying A76.82 at 8am today,... nzherald.co.nz |
Geithner Calls for Global Cooperation on Currency The administration is looking to the I.M.F. to help bring about greater flexibility by China on exchange rates. nytimes.com |