FOREX-Dollar slides on U.S. growth worries, euro squeeze (at Reuters)
* Dollar hits 2-month low vs currency basket, euro * Fed comments, weak data increase U.S. growth worries * Short-covering lifts euro 10 cents vs dollar since June us.rd.yahoo.com |
Forex Fundamental Trends Monitor 08.23.2010 (DailyFX)
Currency markets remain anchored to risk sentiment, with the path of least resistance pointing to continued risk aversion as the week’s round of US economic data threatens to further undermine investors’ confidence in the continuity of the global recovery. finance.yahoo.com |
Dollar up versus yen after hitting 15-year low
[at MarketWatch] - The dollar recovered against the Japanese yen on Wednesday after touching a fresh-all time low against the currency in Asian trading hours as Japanese officials sounded a growing alarm about the state of the economy and the negative impact of the yen s rise. us.rd.yahoo.com |
UPDATE - Australian dollar hits parity with US dollar
The Australian dollar rose above parity against its U.S. counterpart on Friday for the first time since becoming a freely-traded currency, extending a bull run that appears well-entrenched because of Australia's higher rates and robust, resource-driven growth. us.rd.yahoo.com |
Methven cuts guidance, earnings growth to stall
Methven, the tapware and bathroom supplies manufacturer, cut its full-year guidance, saying earnings growth will stall because the economic recovery is grinding slower than expected.The lack of profit growth contrasts with the... nzherald.co.nz |