| ECB keeps interest rates on hold at 1% (at Financial Times) The European Central Bank has held its main interest rate steady at 1 per cent for a 14th consecutive month as it seeks to rebuild confidence in eurozone finances. us.rd.yahoo.com |
Euro Halts Five-Day Decline, British Pound Pares Selloff To Hold Above 1.5600 (DailyFX) The Euro bounced back during the overnight trade, with price action crossing back above the 100-Day SMA at 1.2794, and the exchange rate may hold steady going into the North American trade as the economic docket remains fairly light for Monday. finance.yahoo.com |
Asia Markets: Exporters lift Nikkei as yen sinks while BOJ meets (at MarketWatch) Japanese shares pare their early gains Monday, as the yen strengthened from morning levels after the Bank of Japan s emergency policy meeting resulted in additional easing steps that fell well within market expectations. us.rd.yahoo.com |
Dollar turns higher, euro falls under $1.39 The U.S. dollar turned up against the euro and other currencies in trading on Monday as light volume encouraged traders to reverse some positions set for further declines by the dollar. us.rd.yahoo.com |
Dollar slides before G20 but gold and oil rise The dollar fell on Friday on speculation a U.S. plan that included letting undervalued currencies strengthen would gain support at a contentious weekend Group of 20 meeting, lifting gold and oil prices. finance.yahoo.com |