| Dollar drops versus yen as stocks fall after data (at MarketWatch) The dollar drops about 1% against the Japanese yen and remains lower versus the euro, though the shared currency slips after touching $1.30, as U.S. reports show a drop in consumer sentiment and minimal inflation pressures. us.rd.yahoo.com |
Long-term Treasurys, dollar down after claims fall (at MarketWatch) Long-term Treasury prices declined slightly and the dollar remained sharply lower on Thursday after the U.S. Labor Department said claims for first-time jobless benefits fell 11,000 to 457,000 in the latest week. us.rd.yahoo.com |
FOREX-Dollar rises vs yen as Chinese data revives optimism [at Reuters] - * China import data supports risk appetite * Dollar rises versus yen, though still near 15-year low * Commodity currencies gain on recovery optimism us.rd.yahoo.com |
Currency trading isn’t for the fainthearted [at MarketWatch] - If you’re leery of what the future holds for the stock market, and of ultra-low bond yields, where do you put your money now? An increasing number of brave investors are turning to currency trading. us.rd.yahoo.com |
Currencies: Euro tops $1.40 after ECB’s Trichet Investors flocked to the euro and Australian dollar as those central banks aren't seen as easing monetary policy any more, while the U.S Federal Reserve is. us.rd.yahoo.com |