| Appetite for yen fed by risk aversion (at Financial Times) The market s love affair with the yen shows little sign of abating. The currency of the developed world s most indebted nation has been a star performer in foreign exchange markets this year, in spite of Japan s huge deficit and prolonged deflation. us.rd.yahoo.com |
Currencies: Dollar s bounce fades, British pound lifted (at MarketWatch) The dollar trades higher against most rivals, with analysts upbeat over the greenback s upside potential. Sterling gets a lift as Bank of England minutes showed another 8-1 split among policy makers toward keeping interest rates unchanged. us.rd.yahoo.com |
Yen, Swiss Franc Lose Ground [at TheStreet.com] - More strong economic news from Asia improved the mood in the financial markets, and gains were seen for risk assets and currencies, with the Japanese yen and Swiss franc losing ground vs. the majors. us.rd.yahoo.com |
Currencies: Dollar slips vs. yen, gains on euro The dollar gives back its overnight gains against the yen on Chinese tightening fears in Asian trading, although it rises against its European counterpart. us.rd.yahoo.com |
Futures See Rally as Dollar Falls, Citi Gains U.S. stock index futures pointed to a higher open Monday after the weekend's meeting of the group of twenty nations did little to change the downward trajectory of the dollar. us.rd.yahoo.com |