| Currencies: Dollar mostly higher, euro slips ahead of Bernanke (at MarketWatch) The U.S. dollar was higher versus the euro but slipped against the Japanese yen in generally range-bound trade as investors awaited congressional testimony later Wednesday by U.S. Federal Reserve Chairman Ben Bernanke. us.rd.yahoo.com |
Japan concerns grow as yen rises to 8-month high (at Reuters) * Yen rises to 8-mth high after finance minister comments * Finance minister says FX levels determined by markets * PM: may have to consider if steps needed to help economy us.rd.yahoo.com |
British Pound Follows Stocks Higher, Looming QE Threatens [DailyFX] - The GBP/USD broke from a three week range on the back of Fed QE, building on those gains today as risk appetite remains firm. Indeed, risk sentiment remains the main driver of price action holding a 48% correlation which has strengthened from 38% a month ago. finance.yahoo.com |
[$$] Downgrade Fears Knock Euro Lower [at The Wall Street Journal] - Downgrade Fears Knock Euro Lower The euro came under a fresh wave of selling pressure on fears about credit-rating downgrades in the euro zone. The Source: How Currency Wars End us.rd.yahoo.com |
Kiwi slides against aussie The New Zealand dollar fell sharply against the Australian dollar yesterday to A76.60c from A77.20c. Against the greenback the NZ dollar was at US75.39c at 5pm from US74.81c at 5pm on Wednesday. nzherald.co.nz |