Currency Cross: Technical Outlook 07-02 (DailyFX)
Expect weakness in the Euro crosses into next week. The Yen crosses appear at risk of a sharp short covering rally next week. finance.yahoo.com |
Euro Strength at Risk Ahead of Stress Tests, Dow Jones Reversal (DailyFX)
Euro Strength at Risk Ahead of Stress Tests, Dow Jones Reversal Fundamental Outlook for Euro: Neutral - Euro hits fresh monthly high on fundamental momentum - Successful Spanish bond auction bolsters Euro sentiment - Forex options sentiment generally favors further Euro strength The Euro finished the week considerably higher against the US Dollar, fueled by a wave of renewed optimism and solid fundamental economic data out of the single currency zone. finance.yahoo.com |
Currencies: Dollar slips as safe-haven flows let up (at MarketWatch)
The dollar slips against its major rivals. us.rd.yahoo.com |
Renault to reimburse 1 billion euros to France
[at MarketWatch] - Renault SA said Friday it will reimburse 1 billion euros of the 3 billion euro loan it received from the French state in April 2009. The reimbursement will be made ahead of plan compared with the initial agreement, permitting the group to reduce gross debt and lower interest expenses, the car maker said in a statement. us.rd.yahoo.com |
Devaluing strong Aussie dollar 'disastrous' idea, says Swan
CANBERRA - Federal Treasurer Wayne Swan says the stronger Australian dollar should be left unchecked.The currency reached parity with the US dollar late on Friday night, a level not seen since the unit was floated in 1983.Some... nzherald.co.nz |