| Andy Xie : High yuan no panacea for world economy We waited for ages for China to move on the yuan. When it did, the dollar-yuan rate zigzagged and ended pretty much where it began. The few tiny morsels were barely enough to whet your appetite.The announcement of a de-pegging... nzherald.co.nz |
Currencies: Dollar drops versus yen and euro after data (at MarketWatch) The dollar drops about 1% against the Japanese yen and remains lower versus the euro, though the shared currency slips after touching $1.30, as U.S. reports show a drop in consumer sentiment and minimal inflation pressures. us.rd.yahoo.com |
[$$] Yen, Dollar Slide (at The Wall Street Journal) Yen, Dollar Slide Both the dollar and the yen came under pressure on speculation that Japan and the U.S. might reveal plans for more monetary easing at the Jackson Hole central bankers symposium this week. us.rd.yahoo.com |
FOREX-Dollar firm as yields support, off 15-yr low vs yen [at Reuters] - * Dollar firmer across board, higher U.S. yields help * Yen in retreat from 15-year peak on dollar By Hideyuki Sano us.rd.yahoo.com |
Popular With Investors, Emerging Markets Dread Flow of Cash The World Bank nudged up its 2010 forecast for economic growth in developing eastern Asia, but it cautioned about the potential fallout from a flood of cash into the region. nytimes.com |