Dollar Holds Steady Despite Clear Threats to Financial Stability and the Euro (DailyFX)
• Dollar Holds Steady Despite Clear Threats to Financial Stability and the Euro • Euro Little Moved in the Face of a Possible EU Stress Test Failure, Ireland Downgrade • British Pound Traders Await a Fundamental Wave the Begins the UK’s Fiscal Health • Canadian Dollar: How will the Loonie Respond to Tuesday’s Bank of Canada Rate Decision? • Japanese Yen: Rumor and Speculation of Intervention and Policy Loosening further Boost USDJPY finance.yahoo.com |
Japanese Yen Advances Across The Board, Australian Dollar Halts Rally (DailyFX)
The Japanese rallied across the board and is the best performing currency against the greenback on Tuesday, while the Australian dollar halted the three-day rally and slipped to 0.9071 as investors scaled back their appetite for risk. finance.yahoo.com |
Euro, British Pound Weighed by Risk Aversion
[DailyFX] - Risk aversion looks to have regained its footing during the overnight trade as most major currencies pushed lower against the Japanese yen, Swiss franc, and the U.S. dollar. finance.yahoo.com |
Dollar falls to new post-intervention low vs yen
[at Reuters] - The U.S. dollar fell to session lows below 84 yen on Tuesday, its weakest level since Japan intervened in the currency market two weeks ago. us.rd.yahoo.com |
HSBC sees bumpy ride for Australian dollar
Currency strategists at HSBC said Monday that the Australian dollar remains vulnerable to a sell-off. They said that if the theme of a "currency war" catches on in the markets, protectionist measures may harm expectations for global growth and "risk assets" such as the Australian dollar. us.rd.yahoo.com |