| Currencies: Dollar rebounds off lows ahead of long weekend (at MarketWatch) The dollar pares early losses midday Friday after hitting its lowest level in nearly two months on the Labor Department s report that the U.S. private sector added fewer jobs in June than many economists had predicted. us.rd.yahoo.com |
William Watts s Forex Files: Swiss strength underlines intervention futility (at MarketWatch) The Swiss National Bank has lost billions trying to stem the Swiss franc s rise against the euro, and seen just modest success. us.rd.yahoo.com |
Yen Swells and Japanese Market Sags (at New York Times) The Japanese stock market sagged again Wednesday, and the yen remained strong, prompting intensified rhetoric -- but still no action -- from policy makers eager to stem the currency s rise. us.rd.yahoo.com |
Aussie hits all-time high against euro [at Financial Times] - The Australian dollar climbed to a record high against the euro and a four-month peak against the US dollar as stronger-than-expected employment data lifted the currency. us.rd.yahoo.com |
Mexico holds rate steady; peso edges up The peso advances Friday after the central bank keeps its key rate at 4.5%. us.rd.yahoo.com |