| Euro erases gains versus dollar (at MarketWatch) The dollar recovered from earlier losses versus the euro in early U.S. trading on Monday amid less optimism indicated in the stock markets. The euro changed hands at $1.2944, up slightly from $1.2942 in North American trade late Friday. us.rd.yahoo.com |
EADS net income drops, ups guidance (at MarketWatch) EADS said Friday that its first-half net income declined to 185 million euros, from 378 million euros in the year-ago period. Exchange rate movements hit reported earnings before interest and tax by around 550 million euros compared to a year ago. us.rd.yahoo.com |
Global Trade Patterns Favor Forex Exposure [at TheStreet.com] - The easiest near-term path looks to be to buy the major currencies against the U.S. dollar on any dips to previous session lows. us.rd.yahoo.com |
Currencies: Dollar declines on ‘stabilizing’ U.S. data [at MarketWatch] - The U.S. dollar falls versus yen, shrugging off rumors of Japanese intervention to sell the yen. us.rd.yahoo.com |
Canadian dollar drops after jobs report The Canadian dollar lost ground on Friday after a report on Canada's employment showed the country lost 6,600 jobs as employers cut more part-timers than they hired full-time workers. us.rd.yahoo.com |