| US Dollar Positioning Weakens vs Major Currencies (DailyFX) EUR/USD: Head and Shoulders Bottom in Place? USD/JPY: Key Support Tested as Sellers Eye 87.00 GBP/USD: Bulls Retain Momentum, Channel Top in Play USD/CAD: Trend Line Ahead as Bulls March Toward 1.08 AUD/USD: Prices Find Fib Support, Hint Upswing Ahead NZD/USD: Candles Point to Rebound From Fib Support finance.yahoo.com |
Slovak parliament clears eurozone stability fund (AP) Slovakia s Parliament has approved the multibillion financial rescue fund for the 16-country eurozone -- but rejected providing a loan to debt-stricken Greece. finance.yahoo.com |
Euro rises 1 pct on day versus yen (at Reuters) The euro rose 1 percent on the day against the yen on Wednesday, with traders citing a triggering of stop-loss buy orders helping to boost the single currency across the board. us.rd.yahoo.com |
Currencies: competition is mutually destructive [at Financial Times] - Our currency, your problem. Almost three decades ago, it was the US Treasury Secretary who told the rest of the world it had to deal with a weak dollar. Nowadays, that sentiment could be expressed by the leaders of China, which has been able both to control the level of the renminbi and pretty much to ignore increasingly strident complaints that the pace of revaluation is too slow. us.rd.yahoo.com |
Asia stocks mixed as dollar edges higher The U.S. dollar edged higher for a third consecutive day on Tuesday, driven by traders continuing to take profits on gains in other currencies, while weakness in the technology and commodity sectors limited gains in Asian stocks. finance.yahoo.com |