| EUR/USD: Trading the U.S. Durable Goods Orders Report (Daily FX) Orders for U.S. durable goods are expected to improve in July, with economists forecasting demands to increase 3.0% from the previous month, and the rise in private-sector spending is likely to reinforce prospects for a sustainable recovery as policymakers anticipate economic activity to improve throughout the second-half of the year. us.rd.yahoo.com |
US Dollar Overdue for a Technical Bounce, But Fundamental Reversal... (Daily FX) The dollar was able to relieve the pressure of suffering its worst trend on recent record by clawing out the first bullish close in eleven consecutive trading days; but that does not mean the burdened currency is necessarily primed for a true reversal. us.rd.yahoo.com |
Micrus Endovascular Reports Fiscal Second Quarter Revenues of $21.5 Million and Diluted EPS of $0.22 (Business Wire) SAN JOSE, Calif.----Micrus Endovascular Corporation today reported financial results for the three and six months ended September 30, 2009 and increased fiscal 2010 revenue guidance. us.rd.yahoo.com |
Activists: Despair in NKorea over currency change (AP) North Korea's surprise decision to revalue its currency sparked panic and despair among merchants left with piles of worthless bills, even driving one couple to suicide, activists said Wednesday. us.rd.yahoo.com |
Australian Dollar Regains Footing, Euro Lags Behind (Daily FX) The Australian dollar bounced back on Monday to reach a high of 0.9280 against the greenback, and the pair looks poised to test the 2009 high at 0.9408 as investors speculate the Reserve Bank of Australia to hike the benchmark interest rate by 25bp to 4.00% in February, while the Euro extended the decline from the previous week and slipped to a low of 1.4335 during the overnight trade. us.rd.yahoo.com |