| FOREX-Dollar swings wildly after US jobs data (at Reuters) The dollar jumped against the yen but immediately surrendered those gains on Friday after a report showed a larger-than-expected drop in U.S. June nonfarm payrolls to 125,000, while the unemployment rate unexpectedly fell to 9.5 percent. us.rd.yahoo.com |
CANADA FX DEBT-C$ slides to 3-wk low, bonds soar on gloomy data (at Reuters) * C$ falls to 95.67 U.S. cents, up from session low * Bond prices soar on flight to safety * Canada trade deficit widens; to drag on Q2 growth us.rd.yahoo.com |
Euro Falls Back as S&P Cuts Ireland’s Credit Rating, British Pound Maintains Narrow Range (DailyFX) The Euro pared the overnight advance to 1.2725 as Standard & Poor’s lowered its credit rating for Ireland, and the single-currency may continue to trend lower over the remainder of the week as price action continues to trade below the 100-Day SMA at 1.2743. finance.yahoo.com |
[$$] China to EU: Tone Down Yuan Criticism [at The Wall Street Journal] - China to EU: Tone Down Yuan Criticism Chinese premier Wen Jiabao asked European Union leaders to tone down their attacks on Beijing in an escalating battle over the value of the world s key currencies, amid a meeting of Asian and European leaders in Brussels. us.rd.yahoo.com |
Australian, New Zealand dollar down about 1% The currencies of Australia, New Zealand and Canada all fell notably early Tuesday after China unexpectedly lifted its deposit and lending rates by a quarter point -- its first policy tightening since December 2007. us.rd.yahoo.com |