Dollar Climbs as Euro Weakness Steps in for an Unstable Bearing for Risk Appetite (DailyFX)
• Dollar Climbs as Euro Weakness Steps in for an Unstable Bearing for Risk Appetite • Euro Anchored by Friday’s Stress Tests but Volatility Still Wide Open on Bond Auctions • British Pound Recovers from Tumble Following Government Borrowing Numbers, BoE Minutes Up Next • Canadian Dollar Sees More Volatility than Direction after Bank of Canada Rate Hike • Australian Dollar Balks at the Bearish Tint in the RBA’s Minutes • Japanese Yen Tumble Contradicts Prevailing Risk Trends as Rumor of BoJ Intervention Circulates finance.yahoo.com |
Summary Box: Eurozone consumers shy about spending (AP)
SPENDING SHY: Shoppers in the 16 countries that use the euro remain reluctant to spend. The EU s statistics office says eurozone retail sales were flat in June from May and up only 0.4 percent from the previous year. finance.yahoo.com |
British Pound Breaks Out, Japanese Yen Collapses on BoJ Intervention
[DailyFX] - The British Pound rallied for the third day and is the best performing currency against the U.S. dollar on Wednesday, while the Japanese Yen weakened across the board following the currency intervention by the Bank of Japan. finance.yahoo.com |
Forex Weekly Trading Forecast - 09.27.10
[DailyFX] - US Dollar at Risk of Declines as Fed Hints at Fresh Quantitative Easing Euro Rally Increasingly Suspicious as Fundamentals Remain Anchored Japanese Yen Could Strengthen On Safety Flows Despite Active BoJ British Pound Rally Could Falter As Economic Outlook Deteriorates Canadian Dollar Underperforms and Outlook Remains Bearish Australian Dollar: Trends Higher But A Reversal May Be on the Horizon New Zealand Dollar Unable to Join Rally as Rates, Growth Dim Gold Likely to Extend Gains Amid Uncertainty, $1300 Looms Ahead finance.yahoo.com |
Forex: U.S. Dollar Benefits From Flight To Safety But FOMC Minutes Could Spark Shift Market Sentiment
The U.S. dollar continued to bounce back against most of its major counterparts on Tuesday, with the EUR/USD slipping to a low of 1.3886, and the greenback is likely to face increased volatility throughout the day as the Federal Open Market Committee is scheduled to release its policy meeting minutes at 18:00 GMT. finance.yahoo.com |