| Euro Rises on Italian Austerity Plan (TheStreet.com) The euro breaks its May 10 high, helped by news that Italy s lower house passed a two-year debt reduction plan. finance.yahoo.com |
MONEY MARKETS-Dlr rates down after Fed renews buying (at Reuters) * U.S. commercial paper market grows in week - Fed * Fed easing action pushes dollar rates lower * Lower c.bank expectations weigh on euro borrowing rates us.rd.yahoo.com |
UPDATE - Avis raises offer for Dollar Thrifty to $1.51 bln [at Reuters] - * Avis raises cash component to $45.79 * Says willing to offer a higher price * Dollar Thrifty shares up 2.2 pct us.rd.yahoo.com |
Dollar recovers most of losses versus euro The U.S. dollar recovered most of its losses on the day against the euro, which had pushed to a new 8-month high above $1.40 on Thursday, after Jean-Claude Trichet, president of the European Central Bank, was deemed not excessively bearish and traders adjusted positions ahead of Friday's U.S. jobs report. us.rd.yahoo.com |
Currencies: Dollar’s China-triggered gains come undone Greenback gives back most of the gains logged in the wake of China's tightening move. us.rd.yahoo.com |