| Global brands turn to China's young amid slump (AP) In her Vans cap, Quiksilver shirt and Adidas shorts, 19-year-old Terry Zhong is a walking checklist of sports brands as she sets out on a weekly shopping trip with a 500-yuan budget. us.rd.yahoo.com |
Australian Dollar Jumps to 14-Month High, British Pound Flounders Ahead of BoE Rate Decision (Daily FX) The Australian dollar surged to a 14-month high of 0.8920 and remains the best performing currency against the greenback, while the British Pound continued to tip lower as investors anticipate the Bank of England to maintain a doivsh outlook for future policy later this week. us.rd.yahoo.com |
Dollar declines ahead of Fed statement on rates (AP) The dollar declined ahead of an expected announcement from the Federal Reserve this afternoon that interest rates are likely to remain near zero. us.rd.yahoo.com |
contributing writer (CNNMoney.com) Oil rose above $74 a barrel on Friday after the dollar retreated from its three-month high against the euro and amid reports that Iranian troops entered an Iraqi oilfield on Thursday. us.rd.yahoo.com |
Currency Crosses: Technical Outlook (Daily FX) Continue to favor the downside in the Euro crosses. Yen direction remains a mystery. us.rd.yahoo.com |