| British Pound Bounces Back as BoE Sees Risks For Inflation, Euro Extends Previous Day’s Decline (DailyFX) The British Pound bounced back from a low of 1.5185 during the European trade as the Bank of England dropped its dovish outlook for inflation, and the central bank may see scope to start normalizing monetary policy going into 2011 as it aims to balance the risks for the region. finance.yahoo.com |
Asia Ends Mixed as Yen Rises (at The Wall Street Journal) Asia Ends Mixed as Yen Rises Asian stocks ended mixed as Tokyo followed Wall Street s overnight rise despite the strengthening yen while investors in China worried about slowing economic growth. us.rd.yahoo.com |
Currencies: U.S. dollar rallies 3% as Japan halts yen’s rise [at MarketWatch] - Japanese authorities take action in the global currencies markets, and the greenback s the beneficiary. us.rd.yahoo.com |
Currencies: Dollar gains against rivals in Asian trade [at MarketWatch] - The dollar gains on most major rivals after a report that the U.S. Federal Reserve s quantitative-easing steps will be smaller than some investors had expected. us.rd.yahoo.com |
EMERGING MARKETS-Latam stocks down before Fed, Chile's peso up * Brazil markets closed for public holiday * Mexico's IPC down 0.3 pct, peso strengthens 0.13 pct * Chile's peso gains 1.36 percent on proxy trade, copper us.rd.yahoo.com |