Dollar falls vs yen, euro after price, manufacturing data (at Reuters)
The dollar fell against the yen after weak U.S. producer price and manufacturing data, and the euro traded near a two-month high against the greenback as markets worried about the strength of U.S. economic recovery. us.rd.yahoo.com |
Gold prices recover as U.S. dollar weakens (at MarketWatch)
Gold on Wednesday recouped a quarter of the prior day s steep losses as a weaker U.S. dollar increased the metal s allure for holders of other currencies. The gold contract for August delivery gained $5.10 to $1,163.10 an ounce in electronic trade on the New York Mercantile Exchange. us.rd.yahoo.com |
NZ dollar strong, despite earthquake
The New Zealand dollar opened strongly this morning after a better-than-expected US payrolls report, little affected by Saturday's massive Christchurch earthquake.With the US non-farm payrolls release on Friday showing only 54,000... nzherald.co.nz |
Currency intervention
[at Financial Times] - A little sympathy, please, for Japan s Ministry of Finance. A week after it intervened unilaterally in currency markets to weaken the yen, causing fingers to wag in the US and Europe, the drop against the dollar has been a mighty 2 per cent. us.rd.yahoo.com |
Too Good to Check
This tall tale just had to be repeated. And repeated. And repeated. The facts had to wait till Anderson Cooper checked them out. nytimes.com |