| [$$] Euro Breaks Above $1.27 (at The Wall Street Journal) Euro Breaks Above $1.27 The dollar is broadly lower as optimism driven by strong corporate earnings lured investors into stocks and more risk-sensitive currencies. us.rd.yahoo.com |
Economic Report: U.K. retail sales jump, lift British pound (at MarketWatch) British retail sales jumped in July, government data show, surpassing expectations and providing a lift for the British pound. us.rd.yahoo.com |
Euro Rises to New Session Highs [at TheStreet.com] - After initially easing on the European Central Bank s decision to leave rates unchanged, the euro has firmed back to new session highs amid talk of leveraged account purchases. us.rd.yahoo.com |
China: G20 must focus on economy, not currency The upcoming G-20 summit of major economies should focus on the global recovery rather than individual currencies, a Chinese diplomat said Wednesday, as Beijing tries to defuse pressure to ease its exchange rate controls. finance.yahoo.com |
FX turnover to more than double in next 10 years Currency market turnover looks set to surge over the next decade - which will have important implications for both investors and central banks, says Mansoor Mohi-uddin, managing director of foreign exchange strategy at UBS UBS. us.rd.yahoo.com |