| How You Can Benefit From A Weak Euro (at Forbes) American consumers benefit as the value of the euro versus the U.S. dollar seems to hit a new low every day, making travel and imported goods cheaper. us.rd.yahoo.com |
British Pound Looks to Improved Demand and Growth for Support (DailyFX) Fundamental Forecast for British Pound: Neutral - U.K. jobless claims fell 20.8k in June, lowering the claimant count rate to 4.5% - Inflation slowed to 3.1% from 3.4%, but above 3.0% for fifth month - The final U.K. finance.yahoo.com |
Rebound in Risk Sentiment Weighs on U.S. Dollar, Japanese Yen (DailyFX) A rebound in risk sentiment pushed the euro higher for the second day, with the exchange rate advancing to a high of 1.2745 during the overnight trade, but the lack of momentum to retrace the decline from the previous week is likely to keep the EUR/USD within a narrow range throughout the day as price action continues to hold below the 50-Day SMA at 1.2757. finance.yahoo.com |
Forex & Commodities: Commodity Currencies Rise on China Data [at CNBC] - The dollar staged a rebound against most major currencies in the Asian session Friday following a recovery in U.S. bond yields. The dollar index was up at 82.74. us.rd.yahoo.com |
Cash in on high currency exporters told New Zealand exporters struggling with an unfavourable exchange rate against the greenback need to re-evaluate their business models, say experts.Instead of worrying about the high New Zealand dollar, Bancorp client adviser Cliff... nzherald.co.nz |