| Currencies: Yen shines, euro eyes $1.30 as dollar slips (at MarketWatch) Concerns about U.S. growth kept the U.S. dollar under pressure, as the European single currency eyed a test of the $1.30 level and the Japanese yen continued to benefit from its safe-haven status. us.rd.yahoo.com |
Euro Rallies To Fresh Month High As Growth Outlook Improves, British Pound Continues To Track Higher (DailyFX) The Euro pared the decline from the previous day and rallied to a fresh monthly high of 1.3091 during the overnight trade, and the single-currency may continue to retrace the decline from earlier this year as the economic docket reinforced an improved outlook for the region. finance.yahoo.com |
Currencies: Dollar, euro up as China data boost risk appetite [at MarketWatch] - The U.S. dollar and euro gain a little ground against safe-haven currencies following strong Chinese trade data. us.rd.yahoo.com |
NZ dollar falls to five-month low vs aussie The New Zealand dollar fell to a five-month low against the Australian currency yesterday evening, before managing a small recovery.After initially tumbling around half a cent on disappointing gross domestic product figures yesterday... nzherald.co.nz |
Trichet: Excess forex volatility bad for stability European Central Bank President Jean-Claude Trichet on Thursday said "excess volatility" in foreign-exchange rates is "adverse" for economic stability. Asked about the euro's recent rise, Trichet reiterated that he shares the view of U.S. officials that a strong dollar is in the interest of the United States. us.rd.yahoo.com |