| Currencies: Dollar hits two-month low as equities extend gains (at MarketWatch) The currency sustains broad losses as a firmer tone for U.S. and European equities robs the greenback of its safe-haven appeal. us.rd.yahoo.com |
Dollar Losses on Growth Concerns Restrained by Euro Uncertainty (DailyFX) The fundamental outlook for the US and its currency continue to deteriorate with each passing week. This isn’t necessarily unusual in the context of a global leveling off in economic activity; but as the proxy for the rest of the world, the United States inequities are magnified by discriminating investors. finance.yahoo.com |
ECB raises 2010, 2011 eurozone growth forecast [AP] - The European Central Bank raised its growth projections for the 16-nation eurozone on Thursday, but stressed that the outlook remains uncertain and said its effort to keep banks supplied with credit would stay in place for the rest of the year. finance.yahoo.com |
BNP changes forecast on dollar, euro, yen [at MarketWatch] - BNP Paribas raised its forecast for the euro and commodity currencies on Friday, saying that Japan s intervention in foreign-exchange markets will increase global liquidity and appetite for risk, boosting the outlook for several currencies against the U.S. dollar and Japanese yen. us.rd.yahoo.com |
FOREX-Dollar rallies as investors reduce short bets * Dollar index higher year to date with Wednesday's gain * Dollar rises to 2-week high vs yen, 1-wk high vs euro * Fed eyes gradual bond buys-WSJ us.rd.yahoo.com |