| Currencies: Growth worries fuel dollar bounce ahead of Fed (at MarketWatch) The U.S. dollar is higher versus most major rivals after a soft round of data on Chinese imports boost worries about the pace of global growth. us.rd.yahoo.com |
U.S. Dollar Benefits From Risk Aversion, Japanese Yen Rallies To 15-Year High (DailyFX) Market participants continued to scale back their appetite for risk, with the EUR/USD extending the previous day’s decline to reach a fresh monthly low of 1.2603, and the shift in market sentiment may continue to drive the greenback higher throughout the day as it benefits from the rise in safe-haven flows. finance.yahoo.com |
FOREX-Dollar falls to session low vs the yen below 83 [at Reuters] - The dollar extended declines against the yen on Tuesday, falling to a session low below 83 yen on electronic trading platform EBS as concerns about possible renewed U.S. quantitative easing overshadowed an unexpected interest rate cut from the Bank of Japan. us.rd.yahoo.com |
Latin American Markets: Mexico holds rate steady; peso edges up The peso fluctuates Friday after the central bank keeps its key rate at 4.5%. us.rd.yahoo.com |
The Fed - Doing It Again As Ben Bernanke, the Fed chairman, tries to use monetary policy to aid the economy, he is getting the Obama treatment — and making the Obama response. nytimes.com |