| British Pound Pressing against Resistance Line (DailyFX) The GBPUSD looks vulnerable but it is difficult to short without a point of reference to place a stop. It is best to wait for a top to form and then short a bounce. finance.yahoo.com |
[$$] Japan Hints at Yen Intervention (at The Wall Street Journal) Japan Hints at Yen Intervention Japan s finance minister threatened to act against the strengthening yen for the first time Thursday, in an effort coordinated with Japan s central bank to tame the surging currency and address growing frustration at home. us.rd.yahoo.com |
FOREX-Growth worries hit euro; dollar outlook still grim [at Reuters] - * Euro stung by Ireland bank woes but still in uptrend * Dollar falls vs yen on unexpected rise in jobless claims * Dollar touches lowest vs yen since BOJ intervention us.rd.yahoo.com |
Japanese Yen Pushes Toward 82.00 Despite Speculation For BoJ Intervention, Swiss Franc Halts Four-Day Rally The Japanese Yen continued to strengthen against the greenback on Thursday despite increased speculation for another currency intervention, while the Swiss franc halted the four-day rally after testing a fresh yearly high of 0.9555. finance.yahoo.com |
CORRECTED - CORRECTED-US dollar extends losses against euro,yen NEW YORK, Oct 20 - The dollar extended losses against the euro and yen on Wednesday after a report from a U.S. think tank suggested the Federal Reserve planned to boost growth by purchasing $500 billion in Treasury debt over six months. us.rd.yahoo.com |