| Euro extends gains vs dollar on Philly Fed data (at Reuters) The euro extended gains against the dollar on Thursday, nearing $1.29 for the first time in two months after the Philadelphia Federal Reserve s business conditions index fell in July. us.rd.yahoo.com |
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 |
World equities hammered overnight Equities got hammered once again amid reports that the European banking system might not be as strong as investors had been led to believe in the wake of stress tests earlier this year.In late trading, the Dow Jones Industrial... nzherald.co.nz |
Euro hits 5-month high as Fed hints at future move [AP] - The euro continued to surge against the dollar, hitting a five-month high above $1.34 Wednesday after the Federal Reserve reinforced its message that it is willing to take more steps to support the U.S. economy and bring down interest rates. finance.yahoo.com |
NZ dollar recovers after big retreat The New Zealand dollar slowly recovered yesterday after it fell to its lowest level against the greenback in nearly four weeks overnight after a shelling exchange on the Korean peninsula added to the US currency's appeal as a safe... nzherald.co.nz |