Strategist Hits Out at Rivals on Euro Calls (at CNBC)
David Bloom is the global head of foreign exchange strategy at HSBC and earlier this year found himself going against the trend when the euro went into freefall. With other houses predicting parity for euro-dollar, Bloom refused to follow. us.rd.yahoo.com |
Euro Holds Steady, British Pound Pares Friday’s Decline Following Rebound In Risk Sentiment (DailyFX)
The Euro held a narrow range throughout the overnight trade, with the EUR/USD trading below the 50-Day SMA at 1.2739, and the single-currency may hold steady throughout the day following the mixed price action in the foreign exchange market. finance.yahoo.com |
China rebuffs pressure on exchange rate reform
[at MarketWatch] - China rebuffed pressure to reform its currency on Tuesday, amid visits by two senior U.S envoys in Beijing. Exchange rate reform can t be pressed ahead under external pressure, Chinese foreign ministry spokeswoman Jiang Yu was cited as saying in reports. us.rd.yahoo.com |
RPT-FOREX-US dollar rises vs euro; Aussie hits parity
* Fed Chairman Bernanke sees case for more policy easing * Aussie dollar rises above parity for 1st time since 1983 us.rd.yahoo.com |
EMERGING MARKETS-Latam stocks down as Euro debt worries spread
* Brazil's Bovespa down 0.8 pct, IPC 0.94 pct * Ireland bailout not enough to calm markets(Updates to afternoon, changes dateline, adds byline) By Caroline Stauffer and Luciana Lopez MEXICO CITY/SAO ... reuters.com |