British Pound Outperforms, Canadian Dollar Lags Behind (DailyFX)
The British Pound rallied against the greenback for the second-day and is the best performing currency amongst the majors on Wednesday, while the Canadian dollar pared the previous day’s advance following a shift in market sentiment, the USD/CAD rising to a high of 1.0371. finance.yahoo.com |
Forex & Commodities: Euro Extends Gains (at CNBC)
The euro rose on Monday, supported by a benign European stress test report and strong economic data from the region, including a record jump in German business sentiment for July. us.rd.yahoo.com |
Germans are wrong: the eurozone is good for them
[at Financial Times] - Which country is the biggest gainer from the creation of the eurozone? My answer would be Germany. This view is hardly accepted in Germany itself. But such scepticism needs to evaporate. us.rd.yahoo.com |
Forex & Commodities: Dollar On Defensive; Fed Meeting Eyed
[at CNBC] - The U.S. dollar was on the defensive Monday, while gold held near a record high on worries the Federal Reserve may take further quantitative easing measures when it meets this week. us.rd.yahoo.com |
Australian dollar rises after raft of data
TOKYO, Nov 30 (Reuters) - The Australian dollar rose againstthe U.S. dollar after data on Tuesday showed net exports coulddetract less from Q3 GDP than forecast and a bigger rise thanexpected in building ... reuters.com |