| FOREX-Euro hits 7-wk high vs yen, high-yielders rise (at Reuters) * Euro hits 7-wk high vs yen as dealers unwind yen longs * European debt concerns linger, may weigh on euro later * IMM speculators cut short euro positions last week us.rd.yahoo.com |
Currencies: Dollar seeks footing ahead of Fed meeting (at MarketWatch) The U.S. dollar edged higher on Monday, as traders awaited this week s meeting of the Federal Reserve against a backdrop of rising worries about the staying power of the economic recovery. us.rd.yahoo.com |
Australian Dollar Soars as RBA’s Stevens Fuels Rate Hike Expectations [DailyFX] - The Australian Dollar outperformed to start the trading week after hawkish comments from RBA governor Glenn Stevens fed rate hike expectations. finance.yahoo.com |
Euro zone to tell China it wants stronger yuan-spox [at Reuters] - Top euro zone economic policymakers will tell China on Monday they want Beijing to allow a faster revaluation of the Chinese currency, the renminbi, against the euro, a euro zone official said. us.rd.yahoo.com |
Currencies: Dollar lower ahead of Bernanke speech The dollar erases earlier gains as investors cover positions ahead of a speech by U.S. Federal Reserve Chairman Ben Bernanke, which could reveal more hints about the central bank's easing intentions. us.rd.yahoo.com |