| Optimism pushes up world equities Stocks in the US rose as the fastest American retail sales growth in four years firmed optimism about the outlook for economic growth and the outlook for US corporate earnings improved.In late trading, the Dow Jones industrial... nzherald.co.nz |
FOREX-Yen and Swiss franc up on safe-haven buying, euro slips (at Reuters) * Swiss franc and yen gain on safe-haven demand * Concerns over euro zone periphery remain, spreads widen * Euro/Swiss franc under pressure as funds sell us.rd.yahoo.com |
Backlash prompts rethink on forex leverage [at Financial Times] - A US regulator has softened proposals on the use of borrowed money in retail foreign exchange trades in the face of an unprecedented pushback from dealers and small traders. us.rd.yahoo.com |
Euro extends losses, falls below $1.39 The euro extended declines versus the dollar to trade below $1.39 in mid-morning trading on Monday. The euro dipped as low as $1.3890 on electronic trading platform EBS . It was last at $1.3894, down 0.3 percent, after having earlier climbed as high as $1.4012. us.rd.yahoo.com |
FOREX-Dollar falls, Geithner beats drum for econ rebalancing * Geithner calls for G20 not to block currency appreciation * Also calls for 4 pct cap on BOP imbalances * Doubts remain on coordinated G20 action on FX us.rd.yahoo.com |