| Dollar recovers against euro, adds 1% vs yen (at MarketWatch) The U.S. dollar advances, pushing the euro back under $1.30, as a report shows U.S. consumer confidence fell more than many anticipated, pressuring equities lower and reducing investors appetite for risky assets. us.rd.yahoo.com |
Euro falls 1 percent versus dollar to session low (at Reuters) The euro extended losses against the dollar to trade more than 1 percent lower on Tuesday as the greenback was boosted by a growing view the Federal Reserve is unlikely to announce any aggressive easing measures at the end of its policy meeting later in the day. us.rd.yahoo.com |
Ireland sells 1.5 billion euros of bonds [at MarketWatch] - The Irish government on Tuesday sold 1 billion euros of eight-year bonds and 500 million euros of three-year bonds in a closely-watched auction, news reports said. The National Treasury Management Association had planned to sell 1 billion to 1.5 billion euros worth of bonds. us.rd.yahoo.com |
Euro Poised To Test 1.3900, Australian Dollar Pares Decline [DailyFX] - The Euro pared the previous day’s decline to make another run at 1.3800, while the Australian dollar tumbled lower on Tuesday as the central bank unexpectedly held the benchmark interest rate at 4.50%. finance.yahoo.com |
UPDATE - ECB's Trichet: euro zone needs stricter fiscal reforms * Budget sinners need quasi-automatic sanctions- Trichet * Structural reforms needed to increase growth potential * Euro zone inflation to remain moderate in 2011 us.rd.yahoo.com |