| Sterling: up but still down (at Financial Times) Sterling is up, but it is still down - and deserves to be both. The UK currency has risen 4.3 per cent on the Bank of England s trade weighted index since the beginning of March. It s hardly a full recovery from the slide that accompanied the financial crisis. us.rd.yahoo.com |
Euro Benefits From Risk Sentiment, British Pound Pares Overnight Decline (DailyFX) The Euro extended the advance from the previous day and rallied to a high of 1.2915 during the overnight trade as investors increased their appetite for risk, and the single-currency may push higher going into the U.S. session as the economic docket is expected to reinforce an improved outlook for global growth. finance.yahoo.com |
Currencies: Euro rises after ECB official’s comments [at MarketWatch] - The euro regains its footing after a European Central Bank official says special liquidity measures are on track to be withdrawn, eclipsing doubts tied to sovereign debt. us.rd.yahoo.com |
NZ dollar steady, looks to lift The New Zealand dollar was little changed from its opening level today but US dollar weakness remains an ongoing theme after an unexpected drop in United States payrolls in September.The NZ dollar was at US75.48c at 5pm from US75.64c... nzherald.co.nz |
European Shares Mixed After Hitting Highs Stocks were mixed on Wall Street as international financial tensions offset positive earnings reports. nytimes.com |