| Currencies: Dollar firm ahead of Fed meeting (at MarketWatch) The U.S. dollar edged higher on Monday, as traders awaited this week s meeting of the Federal Reserve against a backdrop of rising worries about the staying power of the economic recovery. us.rd.yahoo.com |
Forex Fundamental Trends Monitor 08.23.2010 (DailyFX) Currency markets remain anchored to risk sentiment, with the path of least resistance pointing to continued risk aversion as the week’s round of US economic data threatens to further undermine investors’ confidence in the continuity of the global recovery. finance.yahoo.com |
Forex: Euro Under Pressure, U.S. Dollar Benefits From Safe-Haven Flows [DailyFX] - The Euro halted the four-day rally, with the exchange rate slipping to a low of 1.3667 during the overnight trade, and the single-currency may continue to push lower going into the North American trade as investors scale back their appetite for risk. finance.yahoo.com |
UPDATE - Australian dollar hits parity with US dollar The Australian dollar rose above parity against its U.S. counterpart on Friday for the first time since becoming a freely-traded currency, extending a bull run that appears well-entrenched because of Australia's higher rates and robust, resource-driven growth. us.rd.yahoo.com |
Methven cuts guidance, earnings growth to stall Methven, the tapware and bathroom supplies manufacturer, cut its full-year guidance, saying earnings growth will stall because the economic recovery is grinding slower than expected.The lack of profit growth contrasts with the... nzherald.co.nz |