| Q+A-Will Japan intervene to curb yen rise? (at Reuters) A fall in the dollar has propelled the yen towards a 14-year peak hit late last year, raising market speculation on whether a further move higher will tempt authorities to intervene to curb the currency s strength. us.rd.yahoo.com |
European wheat futures slip back after 2-year high (at MarketWatch) European wheat futures fell back Tuesday, a day after hitting a two-year, intra-day high at 211 euros a metric ton. LIFFE European milling wheat futures were down 6.50 euros at 201.25 euros. us.rd.yahoo.com |
Japan intervenes to weaken yen [at Financial Times] - Tokyo intervened in the currency markets on Wednesday for the first time in more than six years, a move that immediately sent the yen lower against the dollar but attracted criticism from Europe over Japan s decision to act alone. us.rd.yahoo.com |
M&A dominates Wall St, gold holds hear high Mergers and acquisitions dominated activity on Wall Street overnight, with almost US$10 billion of deals announced as the Standard & Poor's 500 Index held near a four-month high.A flurry of deals signals investors see value in... nzherald.co.nz |
Currencies: Dollar gains on caution over easing signals The dollar rises against most major rivals, but loses further ground versus the yen, as investors await the minutes from Sept.'s FOMC meeting. us.rd.yahoo.com |