| FOREX-Euro touches 11-week high vs dollar then drops (at Reuters) * Dollar gets support after drop in US consumer confidence * Euro zone data appear to offer support to euro us.rd.yahoo.com |
China and the I.M.F. China’s submission to the International Monetary Fund’s annual review of exchange rate and economic policies is good news, but not a major shift in policy. nytimes.com |
Australian dollar climbs above 95 U.S. cents [at Reuters] - The Australian dollar extended gains on Tuesday, rising above 95 U.S. cents for the first time since July 30, 2008, according to Reuters data. us.rd.yahoo.com |
Euro hits 8-month high vs dollar, yen slips [AP] - The expectation that the Fed will move to help the weak U.S. economy continued to drag on the dollar Tuesday. The euro hit an 8-month high, the Swiss franc jumped to a record high and the dollar fell to its lowest point versus the yen since the Bank of Japan intervened in currency markets recently. finance.yahoo.com |
Fed tipped to intervene as aussie nears parity with greenback Australia's dollar traded near parity with the US currency yesterday amid renewed speculation that the Federal Reserve is about to restart its policy of "quantitative easing".The aussie was poised for a nine-week advance versus... nzherald.co.nz |