| Swiss Franc Pares Decline, Australian Dollar Tumbles Back Below 200-Day SMA (DailyFX) The Swiss Franc pared the previous day’s decline and is the best performing currency against the greenback on Wednesday, while the Australian dollar retraced the advance from earlier this week and slipped back below the 200-Day SMA to a fresh weekly low of 0.8910. finance.yahoo.com |
Dollar slides vs yen as Fed tries to stabilize US (AP) The dollar tumbled to a 15-year low Wednesday versus the Japanese yen after the Federal Reserve said it expected a weaker U.S. recovery and took steps to support the economy. finance.yahoo.com |
Currencies: Dollar hits lowest since April on Fed speculation [at MarketWatch] - The U.S. dollar falls a third day versus the euro, as currency traders see the Federal Reserve s indication that it stands ready to take further action as bad for the currency. us.rd.yahoo.com |
Dollar tumbles broadly as Fed moves expected [AP] - The euro moved above $1.39 Wednesday for the first time since February, while the yen struck a 15-year high. The dollar is sliding broadly because investors expect that the Federal Reserve will increase its support for the U.S. economy, driving down interest rates and dinging the currency s appeal for investors. finance.yahoo.com |
Forex: U.S. Dollar Recovery To Gather Pace, PBoC Hikes Rates By 25bp The U.S. Dollar continued to bounce back against its major counterparts on Tuesday, with the EUR/USD slipping to a low of 1.3864, and the corrective retracement in the greenback may gather pace going into the North American trade as the reserve currency remains oversold. finance.yahoo.com |