| UBS exits short British pound recommendation (at MarketWatch) UBS on Wednesday exited its recommendation to short the British pound versus the dollar after a sterling rally pushed the currency pair through a buy stop at $1.5270. UBS recommended the trade Monday at $1.4975 with an initial target of $1.4000. us.rd.yahoo.com |
RLPC-Telefonica s 8 bln euro loan oversubscribed-bankers (at Reuters) Telefonica s 8 billion euro loan has closed oversubscribed and banks are due to sign up later this week after committing between 9 and 10 billion euros in syndication, bankers said on Tuesday. us.rd.yahoo.com |
Gold futures soften as U.S. dollar gains vs euro [at MarketWatch] - Gold futures weakened as the dollar gained against the euro amid rekindled worries about Europe s banking sector. Gold futures for December delivery were down $1.6 at $1,249.50 an ounce in electronic trade on the New York Mercantile Exchange. us.rd.yahoo.com |
Euro Bid Up Ahead of Fed But Not Likely to Extend Much Further [DailyFX] - Markets will face increased volatility going into the North American session as traders await the FOMC rate decision and preceding comments. finance.yahoo.com |
Swedish krona gains on euro as economy grows Swedish economic growth spurs gains for currency against the euro. us.rd.yahoo.com |