| Dollar Enjoys a Modest Bounce During Holiday Periods, How Will it Perform When Risk Trends Return (DailyFX) • Euro Responds to Better Investor Sentiment and Retail Sales Data, Awaits Dollar for True Trend • British Pound Slips as Budget Cuts Threaten Already Anemic Growth in the UK • Australian Dollar Traders Await a Signal from the RBA, Expectations are Already Restrained • New Zealand Dollar Dulls on Risk Appetite, Looks for Business Confidence to Support Rate Policy finance.yahoo.com |
Euro s Rally May Have Peaked: Strategist (at CNBC) The flight to safety following the Fed s decision to extend quantitative easing saw the dollar make big gains against the euro and one strategist said the euro s rally may have peaked for now. us.rd.yahoo.com |
Prospect of yen intervention rises (at Financial Times) The yen surged to a 15-year high against the dollar this week as fading confidence in the global economy drove haven demand for the Japanese currency. us.rd.yahoo.com |
FOREX-Dollar falls to fresh 15-year low against yen The dollar extended declines against the yen on Thursday, falling to a fresh 15-year low on electronic trading platform EBS as concerns about expected U.S. quantitative easing overshadowed fears about fresh intervention by the Bank of Japan to weaken the yen. us.rd.yahoo.com |
Trichet opposes deal on EU budget rules Jean-Claude Trichet, president of the European Central Bank, has refused to endorse the full package of eurozone sanctions decided by European Union finance ministers this week. us.rd.yahoo.com |