| Currencies: Dollar ends lower for four straight weeks (at MarketWatch) The dollar extends its week s decline, with losses by the greenback offsetting earlier gains after the disappointing U.S. jobs data us.rd.yahoo.com |
Dollar Hits Low Against Yen, Dealing Blow to Japan’s Economy In Japan, the dollar’s decline has ignited fears that too strong of a domestic currency could harm the country’s recovery, led by exporters like Toyota. nytimes.com |
Modest losses for dollar following jobless claims (at MarketWatch) The U.S. dollar eases slightly against the euro and the yen, after U.S. initial jobless claims showed a larger-than-expected decline for last week. us.rd.yahoo.com |
UPDATE - ECB warns of disruptive FX moves, holds policy * Trichet warns of damage from disorderly currency moves * Euro breaks through $1.40 before shedding gains * Sees signs of normalisation in money markets us.rd.yahoo.com |
Stocks Sharply Lower on Wall Street China’s announcement that it would raise interest rates weighed on the market, and investors found disappointment in earnings reports from Apple and I.B.M. nytimes.com |