| GBP/USD: Trading the Change in U.K. Jobless Claims (Daily FX) The U.K. labor market is widely anticipated to weaken further in July, with economists forecasting jobless claims to rise 28.0K from the previous month, and fears of a slower recovery could drag on the exchange rate as investors weigh the outlook for a sustainable recovery. us.rd.yahoo.com |
Weekly Classical Outlook: A Technical Overview of the Major Currencies (Daily FX) - Euro could be reaching apex of rising wedge - Dollar/Yen remains locked in intense downtrend - Cable attempting to carve major h&s top - Dollar/Swiss seen bouncing from range lows - More Inside?? us.rd.yahoo.com |
Euro finance ministers face strong euro worries (AP) Finance ministers from the 16 nations that use the euro meet for talks late Monday as the shared currency's rise against the dollar hits European exports, endangering the continent's fragile economic recovery. us.rd.yahoo.com |
USD/CAD Resistance Levels Provide Targets For Scalpers (Daily FX) The USD/CAD has seen price action ebb and flow with risk appetite and oil prices as traders weigh the impact of government stimulus against potential pitfalls. The recent advance has been capped by resistance leaving the pair within its current downward trending channel. us.rd.yahoo.com |
China's Premier Pledges to Control Real Estate Bubble, Holds Firm on Yuan (BusinessWeek) Premier Wen Jiabao said China will take measures to control a looming property bubble and will "absolutely not yield" on pressure to appreciate the currency us.rd.yahoo.com |