| FOREX-Euro rallies in aftermath of bank stress tests (at Reuters) * Euro rallies in aftermath of bank stress tests * Euro investors become more bullish as day progresses * U.S. new home sales data for June a positive us.rd.yahoo.com |
Dow Rises for Third Consecutive Week (at CNBC) US stocks posted modest gains during the first week of August, led by the S&P 500 index with a gain of 1.82%. Within the S&P, health care and energy companies rose the most. Pork belly future contracts jumped 18% for the week, while the dollar fell to a 15-year low against the Japanese yen. us.rd.yahoo.com |
Eurozone political economy [at Financial Times] - School is back in session, so it s time for a quiz. The eurozone faces a) a fiscal crisis, b) a political crisis, c) both or d) neither. It s a trick question, or at least a tricky one. us.rd.yahoo.com |
Currencies: Dollar rises from six-month low vs. euro [at MarketWatch] - The U.S. dollar gains on renewed worries about the impact of the single-currency region s ongoing debt woes. us.rd.yahoo.com |
Euro pares losses vs dollar, rises above $1.40 The euro trimmed losses versus the dollar in midday trading in a volatile session on Friday. The euro traded in a day's range between $1.3971 and $1.4161 on trading platform EBS and last traded at $1.4006, down 0.5 percent on the day. us.rd.yahoo.com |