| Dollar up, Treasurys down after inventories data (at MarketWatch) Treasury prices stayed down and the dollar held onto gains on Friday after a report showed U.S. wholesale inventories rose 0.5% in May. Yields on 10-year notes , which move inversely to prices, rose 6 basis points to 3.05%. us.rd.yahoo.com |
BNP eases forecast for euro decline (at MarketWatch) The decline in the euro is expected to be less severe than BNP Paribas previously forecast, leading strategists there on Thursday to amend their forecast for the shared currency versus the dollar. us.rd.yahoo.com |
Eurozone inflation eases in August to 1.6 percent [AP] - Inflation in the 16 countries that use the euro fell in August, official figures showed Tuesday, reinforcing market expectations that the European Central Bank will not be raising borrowing costs this year. finance.yahoo.com |
US data fail to lift stock markets [AP] - A solid set of U.S. economic data Thursday failed to boost stock markets or provide much support for the dollar, which fell to its lowest level against the euro for over a month, a day after the Bank of Japan intervened in the currency markets to stop the export-sapping appreciation of the yen. finance.yahoo.com |
White House Urges G-20 to Set Limits on Trade Imbalances Under the plan, major economies would commit to keeping their surpluses or deficits under 4 percent of G.D.P., a figure that Germany and China both now exceed. nytimes.com |