| Dollar Falls on Jobs Data (TheStreet.com) The greenback resumes its slide after June nonfarm payrolls fall more than expected. finance.yahoo.com |
USD Reflects Uninspiring U.S. Data (TheStreet.com) The U.S. dollar kept under pressure overnight, slumping to another two-month low against the euro and a basket of six major currencies. finance.yahoo.com |
Treasurys up, dollar weakens after home sales fall (at MarketWatch) Treasury prices rose and the dollar lost ground on Wednesday after a report said U.S. sales of new homes plunged to a new record low in July, coming in much worse than forecast. Yields on 10-year notes , which move inversely to prices, fell 4 basis points to 2.44%, touching the lowest since January 2009. us.rd.yahoo.com |
Currencies: Dollar holds ground ahead of jobless claims [at MarketWatch] - The U.S. dollar holds its ground versus major rivals Thursday as investors await the release of weekly jobless claims data, while the Australian dollar saw gains after strong employment data. us.rd.yahoo.com |
The strength of the euro is no accident Earlier this year, the euro was sold as a proxy for a variety of ailments in the eurozone. However, as we argued then and now, the euro will not only prevail, but triumph over the US dollar in the medium to long-term. us.rd.yahoo.com |