| China upwardly revises first-quarter surplus (at MarketWatch) China upwardly revised its current account surplus for the first quarter to $53.6 billion, an increase of 31% from its earlier estimate of $40.9 billion, the State Administration of Foreign Exchange, the nation s foreign exchange regulator, said in a statement on its website Monday. us.rd.yahoo.com |
Dollar turns down again after housing report (at MarketWatch) The dollar fell against the euro Monday, after a weak U.S. report on the housing sector and as the shared currency shrugged off an unsurprising downgrade of Ireland s credit rating. us.rd.yahoo.com |
Treasury yields up, dollar jumps after Bernanke (at MarketWatch) The dollar improved and Treasury prices remained under pressure on Friday after Federal Reserve Chairman Ben Bernanke said the central bank has set no trigger for further monetary-policy easing and he sees continued economic growth. us.rd.yahoo.com |
Euro Breaks Out of Narrow Range, Japanese Yen Lags Behind [DailyFX] - The Euro broke out of its narrow range to reach a high of 1.2876 against the greenback on Monday, while the Japanese Yen pared the decline from Friday, but lagged behind the rest of the major currencies as price action works its way back towards the 15-year high. finance.yahoo.com |
Forex Options and Futures Sentiment Point to US Dollar Reversal FX Options sentiment has seen a noteworthy correction on recent US Dollar gains, and sharp moves suggest that the US currency may continue to recover against the Euro and other major forex counterparts. finance.yahoo.com |