| Dollar Locked in Range...Still (Daily FX) The greenback remains rangebound, although most major US dollar crosses are pressing against the top of their 2009 highs. The USDJPY is on a path lower towards the July low of 91.74. us.rd.yahoo.com |
Kiwi dollar jumps as current account deficit shrinks New Zealand's current account deficit shrank markedly in the June quarter, as foreign-owned banks saw their profits dwindle, Statistics New Zealand reported today.For the year ended June the current account deficit was $10.6 billion,... nzherald.co.nz |
Dow jumps 204 to high for year as dollar slumps (AP) The Dow Jones industrial average stormed to its highest level in more than a year Monday as a falling dollar boosted prices for gold, oil and other commodities. Stocks also jumped as investors grew more confident that governments around the world will keep interest rates low to help the global economy. us.rd.yahoo.com |
Dollar Rally is Impulsive; Buy Dips (Daily FX) The US dollar rally is impulsive so buy dips. Levels of interest are well defined. Specifically, EURUSD resistance is at 1.4910 and 1.4970. us.rd.yahoo.com |
Obama bank plan uncertainty weighs on markets (AP) European and U.S. stock markets fell sharply for the second day running Thursday amid ongoing fears about tighter monetary policy in China and uncertainty over President Barack Obama's plans to rein in risky bank activities. us.rd.yahoo.com |