Currencies: 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 |
BOJ s Kamezaki: won t base policy on forex levels (at Reuters)
Bank of Japan policy board member Hidetoshi Kamezaki said on Wednesday the central bank will not guide its policy with specific foreign exchange levels in mind. us.rd.yahoo.com |
Aussie hits all-time high against euro
[at Financial Times] - The Australian dollar climbed to a record high against the euro and a four-month peak against the US dollar as stronger-than-expected employment data lifted the currency. us.rd.yahoo.com |
Avis Raises Bid for Dollar Thrifty, Topping the Accepted Offer From Hertz
[at New York Times] - The $1.5 billion offer came 11 days after Hertz raised its takeover bid for Dollar Thrifty to about $1.4 billion. us.rd.yahoo.com |
Stocks Fall After Bearish Comments; Dollar Up
Stocks fell despite a handful of encouraging economic reports as the dollar gained ground and investors tread cautiously ahead of quarterly earnings reports and monthly jobs data. us.rd.yahoo.com |