| Eurozone rescue fund aims for top rating (at Financial Times) The eurozone s new sovereign rescue fund on Monday begins its quest for a vital triple A credit rating as officials from the European Financial Stability Facility kick off a series of meetings with rating agencies. us.rd.yahoo.com |
Yen surge puts investors on alert (at Financial Times) The yen s surge to its highest level of the year against the dollar has put investors on alert for possible currency intervention by the Japanese authorities this week. us.rd.yahoo.com |
Yen Lower on Comments Over Its Strength (at TheStreet.com) The yen sold off in the late Asian morning Friday after further comments about the currency s strength from Finance Minister Yoshihiko Noda, and reports that Prime Minister Naoto Kan would speak on the situation. us.rd.yahoo.com |
Brussels raises eurozone s growth forecast [at Financial Times] - The eurozone s economy will grow this year at nearly twice the pace forecast in the spring, the European Commission said on Monday, mostly because of the growth spurt the region experienced in the second quarter. us.rd.yahoo.com |
Currencies: Dollar reverses most of its China-triggered gains The dollar gives back a good chunk of the gains logged in the wake of China's tightening move. us.rd.yahoo.com |