TOP 100 FOREX SITES
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| EU: Estonia can join euro next year (AP) European Union nations on Tuesday gave final approval for Estonia to become the 17th country to join the euro, a boost for the tiny Baltic country and a sign of confidence in the troubled currency union. finance.yahoo.com |
British Pound at Risk as Yield Expectations Decline (DailyFX) British Pound at Risk as Yield Expectations Decline Fundamental Forecast for British Pound: Bearish - U.K. GDP nearly doubled expectations of 0.6% growing 1.1% in the second quarter - BoE Voted 7-1 to keep rates unchanged at 0.50% according to minutes - June’s budget deficit was wider than expected at 20.9B - Retail sales improved by 0.7% in June surpassing estimates of 0.5% The British Pound ended the week higher as improving fundamentals offset dimming interest rate expectations but uncertainty over growth and monetary policy could expose the sterling to broader trends going forward. finance.yahoo.com |
Euro, bund futures unchanged after ECB holds rates [at Reuters] - The euro and bund futures were little changed on Thursday after the European Central Bank held interest rates at 1.0 percent, as widely expected by the market. us.rd.yahoo.com |
FOREX-Dollar steady vs yen but slides against others [at Reuters] - * Dollar hovers below 1-month high at 85.94 yen * Euro hits 1-month high vs dollar, cable also up * Dollar index falls, yen crosses rise us.rd.yahoo.com |
Treasury yields, dollar up after new-home sales The dollar extended gains slightly and Treasury prices stayed down on Wednesday after a report showed the pace of new home sales rose 6.6% to 307,000 in September. The dollar index , which measures the U.S. unit against a basket of six major currencies, rose to 77.991, from 77.897 before the data and up from 77.670 in late North American trading on Tuesday. us.rd.yahoo.com |