| Euro, British Pound Rally as Economic Developments Reinforce Improved Outlook For Future Growth (DailyFX) The Euro halted the two-day decline and rallied to a high of 1.2852 during the overnight trade as the economic docket reinforced an improved outlook for future growth, but the lack of momentum to make another run at the 100-Day SMA may keep the exchange rate within a narrow range going into the North American session as Fed Chairman Ben Bernanke is scheduled to testify in front of the House Financial Services Committee at 13:30 GMT. finance.yahoo.com |
Euro, British Pound Pull Back as Risk Appetite Wanes (DailyFX) The Euro slipped to a low of 1.3182 during the overnight trade following the shift in market sentiment, and the single-currency may continue to lose ground going into the North American session as investors scale back their appetite for risk. finance.yahoo.com |
Dollar rises to session high versus yen [at Reuters] - The dollar extended gains versus the yen to hit a sesion high on Thursday though traders said there were no signs of yen-selling by Japanese authorities this morning. us.rd.yahoo.com |
Dollar rises from 5-month low after jobs report [AP] - Positive news Thursday on U.S. jobs and manufacturing helped pull the dollar off its latest five-month low against the euro. finance.yahoo.com |
Buffett Issues Bearish Warning on Euro Warren Buffett, who last month called himself "a huge bull" on the United States, said the euro faces "a real challenge" after the currency posted its biggest quarterly gain in eight years. us.rd.yahoo.com |