Dollar Labeled ‘Overvalued’ by IMF, Risk Aversion and Euro Selling Become Increasingly Important (DailyFX)
• Dollar Labeled ‘Overvalued’ by IMF, Risk Aversion and Euro Selling Become Increasingly Important • Euro Ignores International Concern Over Finances, Advances on ECB’s Rate Hold • British Pound Tumbles after IMF Lowers Growth Forecast, Posen versus Sentance at the BoE • Australian Dollar Rallies after a Strong Employment Report Bolsters Interest Rate Expectations • Canadian Dollar Set for Top Event Risk Friday with Change in Employment finance.yahoo.com |
Kiwi dollar drops below US71c
The New Zealand dollar fell below US71c against the greenback for the first time in three weeks, after weekly jobless claims rose unexpectedly in the United States and euro zone data was weaker than expected, spurring safe-haven demand.By... nzherald.co.nz |
Eurozone economic sentiment rises (at Financial Times)
Germany s growth spurt led to a larger-than-expected rise in eurozone economic optimism in August but failed to mask diverging performances across the 16-country region, the European Commission has reported. us.rd.yahoo.com |
USD-JPY: More Weakness Seen
The dollar likely will weaken further against the yen after the currency pair breached 82.86. us.rd.yahoo.com |
Euro pares gains vs dollar,still higher on the day
The euro pared gains slightly against the dollar on Thursday, slipping below $1.40 but still marginally higher against the U.S. currency on the day. us.rd.yahoo.com |