FOREX-Dollar soft on recovery question, euro pauses (at Reuters)
* Dollar index steady after dipping Friday to 2-month low * Next euro upside target is May reaction high at $1.2673 * But euro pauses after boost last week on short-unwinding us.rd.yahoo.com |
NZD/USD Classical 07.19 (DailyFX)
NZD/USD: As expected, the resistance just over 0.7300 proved to be exceptionally strong and the market has since undergone a violent bearish reversal with the price collapsing back below 0.7100. finance.yahoo.com |
Yen rise to push more Japan output overseas: survey (Reuters)
Two-thirds of Japanese companies expect the yen s strength to squeeze profits and 40 percent will shift production overseas if the currency remains near a 15-year high on the dollar, a government survey showed on Friday. finance.yahoo.com |
Forex Strategy Outlook: Currencies Poised for Breakouts After Lull
[DailyFX] - Continued declines in forex market volatility expectations suggest that currencies will continue trading in tight ranges through the week ahead. Yet volatility is historically mean-reverting, and extended periods of depressed exchange rate moves often lead to major price breakouts. finance.yahoo.com |
Mexico peso gains 1.08 pct as dollar falls broadly
Mexico's peso strengthened 1.08 percent against the U.S. dollar on Wednesday after falling sharply on Tuesday. Sustained expectations of further U.S. monetary easing put an end to a round of risk aversion for emerging market assets. us.rd.yahoo.com |