| Treasury, dollar up after housing starts (at MarketWatch) Treasury prices remained higher and the U.S. dollar pared gains on Tuesday after a report showed U.S. housing starts fell 5% in June to a 549,000 pace. Yields on 10-year notes , which move inversely to prices, fell 4 basis points to 2.92%. us.rd.yahoo.com |
Euro breaks above important technical level (at Reuters) The euro extended gains against the dollar on Monday, rising above an important technical level that analysts say suggests the currency s rally is gaining momentum. us.rd.yahoo.com |
Swiss Franc Hits Parity, Canadian Dollar Underperforms [DailyFX] - The Swiss Franc reached parity against the greenback on Tuesday as the dollar weakened across the board, while the Canadian dollar extended the previous day’s advance, but lagged behind the rest of the majors during the North American trade. finance.yahoo.com |
MONEY MARKETS-China rates stay high as fund crunch lingers [at Reuters] - * Rates off last week s peaks but at elevated levels * Philippine swap rates drop as cbank intervenes in FX * Dollar funding costs in Singapore drop us.rd.yahoo.com |
Euro extends losses, falls below $1.39 The euro extended declines versus the dollar to trade below $1.39 in mid-morning trading on Monday. The euro dipped as low as $1.3890 on electronic trading platform EBS . It was last at $1.3894, down 0.3 percent, after having earlier climbed as high as $1.4012. us.rd.yahoo.com |