Euro recovers after Greek auction; stocks gain (Reuters)
The euro recovered on Tuesday after Greece successfully returned to capital markets for the first time since late April, while global equities advanced after Alcoa delivered a strong start to the earnings season. finance.yahoo.com |
Currency Markets Look for Momentum (at TheStreet.com)
At the moment, foreign exchange markets are unable to make sustainable breaks. In the coming week, look for the dollar index to test support. us.rd.yahoo.com |
Yen Trade Suggests One Good Jobs Report Does Avoid A Double-Dip
[at Forbes] - This dollar-yen pair is always interesting to watch as a gauge of the broader markets attitude toward risk, with the yen typically the number one safety play and the dollar typically coming in second. us.rd.yahoo.com |
More countries intervening to keep currencies down
[at Reuters] - More governments around the world are moving to keep their currencies from appreciating as a way of boosting their economic recovery, and as Japan intervened in the currency market on Wednesday for the first time in six years to curb the surging yen. us.rd.yahoo.com |
Dollar rises on Fed doubts and stocks fall
The U.S. dollar rose on Wednesday on doubts that the Federal Reserve will aggressively buy bonds to pump more money into the economy, triggering profit taking in commodities and Asian equities. finance.yahoo.com |