| FOREX-Technical factors, pending stress tests hit euro (at Reuters) * Euro pulls back from two-month high against dollar * Market looking to start of U.S. quarterly earnings * Yen slips, then recovers after Japan election results us.rd.yahoo.com |
New Zealand Dollar Continues To Outperform, Australian Dollar Halts Advance (DailyFX) The New Zealand dollar remains the best performing currency against the greenback on Wednesday as it maintains the advance from earlier this week, while the Australian dollar halted the two-day advanced and slipped to a low of 0.8987 during the overnight trade. finance.yahoo.com |
US dollar index falls 1 percent to session low [at Reuters] - The dollar extended losses versus a basket of currencies in early morning trading on Wednesday as upbeat data from China and Australia boosted risk appetite. us.rd.yahoo.com |
Gold prices dip as the U.S. dollar recovers Gold prices lapse, while the U.S. dollar strengthens us.rd.yahoo.com |
Increased Money Supply Is Band Aid: Principal Global CEO Quantitative easing, a government tool used to increase the money supply in a recessionary economy, could be effective as a temporary strategy, but it could have adverse effects if kept in place for an extended period of time, according to Jim McCaughan, CEO of Principal Global Investors. us.rd.yahoo.com |