| Euro rises, Asian shares up after stress tests (Reuters) The euro edged up and Asian shares rose on Monday as solid U.S. corporate earnings and surprisingly strong euro zone data offset growing skepticism that stress tests on European banks were not strict enough. finance.yahoo.com |
Forex Strategy Outlook: US Dollar Downtrend Favors Momentum Strategies (DailyFX) Continued declines in forex market volatility expectations point to small currency movements in the weeks ahead. Yet a continued US Dollar downtrend suggests that key pairs may continue to set fresh lows and highs. finance.yahoo.com |
Australian dollar advances after Stevens comments [at MarketWatch] - The Australian dollar moved higher against the U.S. dollar on Monday after a speech from Reserve Bank of Australia Governor Glenn Stevens thrust the possibility of an October rate hike back into the spotlight. us.rd.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 |
Forex: Euro Holds Narrow Range, Bearish U.S. Dollar Sentiment To Carry Into Next Week The Euro held within the previous days during the overnight trade, with the exchange rate falling back from a high of 1.4112, but the single-currency could face increased volatility throughout the day as Fed officials are scheduled to speak going into the weekend. finance.yahoo.com |