| EMERGING MARKETS-Latam currencies mixed, Mexican peso up (at Reuters) * Mexican peso edges up in relief after elections * Gains for Chilean currency on activity data fade By Samantha Pearson and Michael O Boyle us.rd.yahoo.com |
ECB Lowers 2011 GDP Growth Forecast; EUR/USD Stalls at the 100-Day SMA (DailyFX) The European Central Bank published their monthly report in which the central bank lowered their 2011 GDP growth forecast to 1.4 percent from 1.5 percent. The ECB later added that growth in the third quarter is likely to be “better than expected.” finance.yahoo.com |
Dollar rises 1 percent against the yen (at Reuters) The U.S. dollar gained 1 percent against the yen on Friday to a session peak in the aftermath of comments from Federal Reserve Chairman Ben Bernanke. us.rd.yahoo.com |
Currencies: Euro tops $1.40 after ECB’s Trichet Investors flocked to the euro and Australian dollar as those central banks aren't seen as easing monetary policy any more, while the U.S Federal Reserve is. us.rd.yahoo.com |
Germans exporters wary over currency wars German exporters are expressing growing anxiety about the appreciation of the euro against the US dollar and the prospect of a currency war. us.rd.yahoo.com |