| Currencies: Dollar hits two-month low as equities extend gains (at MarketWatch) The currency sustains broad losses as a firmer tone for U.S. and European equities robs the greenback of its safe-haven appeal. us.rd.yahoo.com |
British Pound Advances as Economic Outlook Improves, Bundesbank Raises 2010 Growth Forecast (DailyFX) The British Pound pared the overnight decline and rallied to a high of 1.5664 during the European trade as the economic docket reinforced an improved outlook for the U.K. economy, and the GBP/USD appears to be carving a short-term bottom as price action continues to hold above the 200-Day SMA at 1.5492. finance.yahoo.com |
Dollar pares losses vs yen after pending home sales [at Reuters] - The dollar pared losses versus the Japanese yen on Thursday after a report showed pending home sales of previously owned U.S. homes rose unexpectedly in July. us.rd.yahoo.com |
Currencies: Dollar slips vs. euro in Asian trading The dollar is steady against its Japanese counterpart in Asian trading, but loses ground against the euro on continued perceptions that the U.S. Federal Reserve is headed for another round of quantitative easing. us.rd.yahoo.com |
FOREX-Dollar rallies as investors reduce short bets * Dollar index higher year to date with Wednesday's gain * Dollar rises to 2-week high vs yen, 1-wk high vs euro * Fed eyes gradual bond buys-WSJ us.rd.yahoo.com |