| US Dollar Forecast to Fall Further versus Euro, British Pound (DailyFX) Noteworthy US Dollar declines have been met with similarly aggressive bets on and hedges against further USD weakness, and our short-term trading bias has accordingly turned bearish the US currency. finance.yahoo.com |
Euro tumbles after divergent GDP report (at Financial Times) The euro tumbled from a three-month high against the dollar this week as concerns over eurozone government debt resurfaced and fears over global growth boosted haven demand for the US currency. us.rd.yahoo.com |
Borrowing by Euro Zone Companies Falls 1.3% (at New York Times) A 2.8 percent increase in lending to households offset the decline in corporate borrowing, so total credit to the private sector rose 0.9 percent. us.rd.yahoo.com |
EMERGING MARKETS-Latam currencies reverse losses on dollar * Weak U.S. jobs data raises prospect of Fed action * Brazil's real adds 0.5 pct, Mexican peso jumps 0.8 pct * Chile's peso adds 0.3 pct, euro zone comments in focus us.rd.yahoo.com |
NZ dollar tumbles on Chinese move The New Zealand dollar fell today after a surprise interest rate increase in China prompted investors to cut risk exposure.Investors feared a quarter percentage point rise in China's one-year lending rate could dampen Chinese... nzherald.co.nz |