Dollar falls against euro as IMF raises forecast (AP)
The dollar fell to a two-month low against the euro Thursday after the International Monetary Fund raised its forecast for global economic growth this year. finance.yahoo.com |
Stephen King: West has huge mountain to climb
Does Ben Bernanke suffer nightmares? Does Jean-Claude Trichet have sleepless nights? Does Mervyn King wake up in a cold sweat, his pyjamas soaking wet? I wouldn't blame them if they did because after the biggest policy stimulus... nzherald.co.nz |
UPDATE - Euro zone sentiment up, bodes well for Q3 growth (at Reuters)
* Euro zone Aug economic sentiment 101.8 vs 101.1 in July * Sentiment improves among consumers, in services sector * Consumer inflation expectations unchanged us.rd.yahoo.com |
Japan intervenes to weaken yen; more to come
[Reuters] - Japan s bold strike to weaken its currency on Wednesday sent the yen tumbling more than 3.0 percent against the U.S. dollar, but unsettled allies who feared the unilateral move may complicate efforts to restore balanced global economic growth. finance.yahoo.com |
FOREX-Dollar poised to snap five-week losing streak
* Dollar index heads for first weekly gain in five weeks * Euro up but struggles near $1.40 * FX Concepts see euro topping out between $1.43-$1.45 us.rd.yahoo.com |