| British Pound Weighed By Weakening Outlook, Euro Pares Advance Ahead of U.S. Trade (DailyFX) The British Pound extended the decline from the previous day and slipped to a low of 1.5174 during the European trade as the economic docket reinforced a weakened outlook for the U.K., and the exchange rate may continue to trend lower going into the North American session as investors hold a cautious outlook for the region. finance.yahoo.com |
Currencies: Dollar mostly lower amid strong European data (at MarketWatch) The U.S. dollar was slightly lower versus most major rivals Monday, slipping versus the euro and sliding versus the British pound after purchasing managers provided a stronger-than-expected assessment of European manufacturing activity. us.rd.yahoo.com |
U.S. dollar falls below parity with Swiss franc [at MarketWatch] - The U.S. dollar fell further against the Swiss franc in U.S. trading Tuesday after the greenback reached parity against its safe-haven rival for the first time since late last year. us.rd.yahoo.com |
Euro Threatened Ahead of Meeting on Euro Zone Rule Changes [DailyFX] - The Euro may pare Friday’s spectacular rally as traders turn cautious ahead of a meeting on Euro Zone rule changes following this year’s sovereign risk flare-up on the currency bloc’s southern periphery. finance.yahoo.com |
Asian currency tensions simmer as dollar sinks It's boom time in Asia, only Premal Udani, who runs an Indian apparel exporting company, says he has little to show for it. finance.yahoo.com |