| Currencies: Aussie dollar rises on tax news; China yuan soars (at MarketWatch) The Australian dollar rose Friday after the Australian government announced a deal with the mining industry on a controversial resource-tax plan. us.rd.yahoo.com |
Dollar drops versus yen as stocks fall after data (at MarketWatch) The dollar drops about 1% against the Japanese yen and remains lower versus the euro, though the shared currency slips after touching $1.30, as U.S. reports show a drop in consumer sentiment and minimal inflation pressures. us.rd.yahoo.com |
Euro rises, Bunds extend falls after German Ifo data (at Reuters) The euro rose to a session high against the dollar while German Bund futures extended losses on Wednesday after a key survey of the German business sentiment came in above forecasts. us.rd.yahoo.com |
UPDATE - Volcker sees long haul to recovery, euro risks [at Reuters] - * U.S. recovery and banking repair will take years * Sees risk of instability in euro CALGARY, Alberta, Sept 10 - It will be years before the American economy fully recovers and repairs are completed to the global financial system, White House special adviser Paul Volcker said on Friday, warning also of risks to the stability of the euro. us.rd.yahoo.com |
Euro cuts losses, Bunds fall after German ZEW The euro cut losses against the dollar while German Bund futures hit a session low on Tuesday after an above-forecast German ZEW sentiment survey. us.rd.yahoo.com |