| Short View: (at Financial Times) Faced with a choice between the ugly sisters that make up the main world currencies, none of the options is pretty. No wonder investors are proving fickle in their choices. In the past two months the dollar has plunged more than 7 per cent against the Japanese yen, while the euro has gone from being regarded as a basket case to soar 11 per cent against the greenback. us.rd.yahoo.com |
Eurozone growth loses some momentum (at Financial Times) The eurozone s rapid growth spurt lost some momentum in August with a robust performance by Germany failing to make up for a weaker pace of expansion in France and near stagnation elsewhere in the 16-country region. us.rd.yahoo.com |
Forex Strategy Outlook: US Dollar Losses Favor Trend Trading [DailyFX] - Continued US Dollar weakness has made our trend-following Momentum systems the top performers through the past 7 days of trading, but the possibility of a noteworthy US Dollar reversal limits optimism for future gains. finance.yahoo.com |
Dollar turns up versus euro on Bernanke, UMich The dollar erased earlier losses against the euro and a basket of major currencies and turned up slightly on Friday, after Federal Reserve Chairman Ben Bernanke hinted at more quantitative easing but remained conservative in his comments. us.rd.yahoo.com |
Dollar good for Mowbray Otaki-based Mowbray Collectables Ltd says the high NZ dollar is helping its business as overseas buyers perceive value in their purchases.The stamp and coin dealer is forecasting a record annual result after today reporting a... nzherald.co.nz |