| EUR/USD: Trading the FOMC Interest Rate Decision (DailyFX) As policy makers in the world’s largest economy anticipate to see a moderate recovery going forward, the Federal Open Market Committee is widely expected to maintain its current policy in August, but the policy statement accompanying the rate decision is likely to stoke increased volatility in the U.S. dollar as investors weigh the prospects for future policy. finance.yahoo.com |
Dollar Dips; Yen, Swiss Franc Post Gains (at TheStreet.com) The dollar edged lower through the Asian session Monday, while the yen and Swiss franc continued recent gains on worries about growth prospects in the developed economies. us.rd.yahoo.com |
[$$] Currency Traders on Edge Over Yen [at The Wall Street Journal] - After Yen Intervention, Tokyo Goes Quiet Japanese authorities have kept the markets guessing about their next move, even as the yen has again climbed back near its 15-year highs against the dollar. us.rd.yahoo.com |
HIGHLIGHTS-Global policymakers' comments on forex Following are key quotes from global policymakers on currency tensions and related policies. ------------------------------------------------------------- us.rd.yahoo.com |
EU agrees on $120b Irish bailout loan BRUSSELS - European Union nations agreed to give ?67.5 billion ($NZ120 billion) in bailout loans to Ireland on Sunday to help it weather the cost of its massive banking crisis, and sketched out new rules for future emergencies in... nzherald.co.nz |