| Currencies: Dollar jumps after ISM comes in strong (at MarketWatch) The dollar turns higher against the Japanese yen and adds to gains versus the euro on Wednesday after better-than-anticipated reports on private payrolls and the services industry dampened worries about the U.S. economy s growth. us.rd.yahoo.com |
Vestas Wind Systems swings to loss, cuts outlook (at MarketWatch) Vestas Wind Systems said Wednesday that it swung to a second-quarter net loss of 119 million euros from a profit of 43 million euros as the company also cut its outlook for 2010. The wind turbine producer said revenue fell 17% to 1.01 billion euros due to low capacity utilization. us.rd.yahoo.com |
Dollar falls to 2 1/2-yr low vs Swiss franc [at Reuters] - The dollar hit a 2 1/2-year low against the Swiss franc on Wednesday as a break under a key barrier level added to the U.S. currency s losses. us.rd.yahoo.com |
Japan's Noda vows decisive FX moves after G7 meeting Japanese Finance Minister Yoshihiko Noda said on Tuesday that Japan will continue to take decisive steps against excessive currency moves, including intervention, helping the dollar to recover further from a 15-year low against the yen. finance.yahoo.com |
UPDATE - EMERGING MARKETS-Stocks, FX up post-G20 as dollar falls * Emerging stocks see biggest one-day gain in two weeks * Russian, South African stocks and FX boosted by commods * Central bank decisions in Hungary, Israel us.rd.yahoo.com |