| Canada Cleans Up As Loonie Licks Buck, Euro Wilts (at Forbes) The U.S. dollar gains strength against the euro and pound but was falling at a rapid pace against the CAD in Friday trading. us.rd.yahoo.com |
Treasurys, dollar down more after home sales data (at MarketWatch) Treasury prices and the dollar extended losses on Thursday after a report showed U.S. sales of existing homes fell 5.1% in June to a 5.37 million rate, a smaller drop than economists anticipated. us.rd.yahoo.com |
Currencies: Dollar slips; German jobs data buoys euro [at MarketWatch] - The dollar loses ground against both the euro and Japan s yen, as currency traders digest data on Germany joblessness for August and await key Chicago PMI data as well as the latest reading on U.S. consumer confidence. us.rd.yahoo.com |
Japan s Move on Yen Lacks Global Support [at New York Times] - Japan s decision to intervene in currency markets to weaken the yen and shore up its export-driven economy could be only the first step in a long battle -- one made more difficult because Japan, unable to find support among its trading partners, must go it alone. us.rd.yahoo.com |
Fed speculation takes wind out of Wall St sails Speculation that the Federal Reserve may not act as decisively as some investors hope took the wind out of Wall Street's sails after US stocks appeared set to extend their recent rally.In mid afternoon trading, the Dow Jones industrial... nzherald.co.nz |