Forex: U.S. Dollar Regains Footing Ahead of Heavy Event Risk, Euro Fails To Test 1.4300 – Yahoo Finance

The Euro slipped to a low of 1.4082 during the overnight trade … Reserve takes additional steps to stimulate the world’s largest economy, and interest rate expectations are likely to play an increased role in driving price action as the Governing …

Euro Retreats From 9-Month High on Ireland Budget, Weaker Data – BusinessWeek

The euro has to take some notice of what is happening” in Europe … adding to evidence the recovery is faltering. The U.S. jobless rate was 9.6 percent for a third month, according to the median prediction of 80 economists surveyed by Bloomberg before t …

Sterling falls as reported large sell order weighs – Reuters UK


Express.co.uk

Sterling falls as reported large sell order weighs
Reuters UK
concerns over fiscal problems in peripheral euro zone countries. The BoE held interest rates and its quantitative easing target unchanged on Thursday,
Sterling hit high against US dollar as Bank of England hold interest ratesHarpers Wine & Spirit Trade Review
Sterling retreats; traders cite large sell orderReuters UK
Sterling down 0.3% after 9-month highKnowledge to Action
Citywire.co.uk –Express.co.uk –Market Moves
all 36 news articles »

Dollar Near 9-Month Low Versus Euro on Global Economic Recovery – San Francisco Gate

The euro bought 114.78 yen from 114.71 yen … easing that pumps money into the economy and debases the dollar. The Fed has kept interest rates near zero since December 2008 to stimulate growth. “There were more broad-based falls in the dollar in the wake …

European banks keep their interest rates low – Boston Globe

LONDON — With the economic recovery showing some resilience in Europe, the Bank of England and the European Central Bank left their main interest rates at record lows yesterday. The Bank of England decided against any new stimulus measures for Britain, a …

Dollar Trades Near Nine-Month Low Against Euro Before Jobs Data – BusinessWeek

Policy makers had already cut interest rates almost to zero and bought $1.7 trillion in securities. Retail sales in the 16-nation euro area advanced 0.1 percent in September from the prior month, when they fell 0.2 percent, according to a Bloomberg survey …

Portuguese Budget Pact Fails to Cap National Borrowing Costs: Euro Credit – Bloomberg

On the same day as the bill sale, utility EDP-Energias de Portugal SA signed a 2 billion-euro revolving credit line that will cost the company 90 basis points more than benchmark money-market rates, below the 150 basis-point premium it paid for a credit …