| Currencies: Dollar slightly lower ahead of payrolls (at MarketWatch) The U.S. dollar was slightly lower versus most major rivals Friday, but activity was subdued as currency traders moved to the sidelines ahead of the release of June U.S. non-farm payrolls and other employment data. us.rd.yahoo.com |
Dollar slides vs yen as Fed tries to stabilize US (AP) The dollar tumbled to a 15-year low Wednesday versus the Japanese yen after the Federal Reserve said it expected a weaker U.S. recovery and took steps to support the economy. finance.yahoo.com |
Portugal sells 1.3 bln euros in government bonds (at MarketWatch) Portugal on Wednesday sold 1.3 billion euros in five- and 10-year government bonds Wednesday, exceeding the 1.25 billion euros on tap, news reports said. The country s debt agency sold 672 million euros worth of 10-year bonds at an average yield of 5.312% compared to 5.225% at a previous auction, reports said, with total bids exceeding the amount on offer 1.8 times. us.rd.yahoo.com |
Dollar tumbles broadly as Fed moves expected [AP] - The euro moved above $1.39 Wednesday for the first time since February, while the yen struck a 15-year high. The dollar is sliding broadly because investors expect that the Federal Reserve will increase its support for the U.S. economy, driving down interest rates and dinging the currency s appeal for investors. finance.yahoo.com |
Forex: U.S. Dollar Recovery To Gather Pace, PBoC Hikes Rates By 25bp The U.S. Dollar continued to bounce back against its major counterparts on Tuesday, with the EUR/USD slipping to a low of 1.3864, and the corrective retracement in the greenback may gather pace going into the North American trade as the reserve currency remains oversold. finance.yahoo.com |