Finance
Yahoo! Finance: Currencies News
FOREX-Yen up after strong China data, Aussie falls (at Reuters)
* Cross/yen and Aussie extend falls after China data * Players lock in profits after Aussie jobs data * RBNZ keeps rates steady, reiterates to hold till mid-year
Nikkei gains 0.9 pct as exporters climb on yen dip (at Reuters)* Foreign, domestic funds help buoy market-analyst * Eyes on next week s Fed, BOJ meetings, Greece plans-analyst * Shinsei slides after media report of capital-raising
Euro Forecast to Recover Against US Dollar on Options Sentiment (DailyFX)Forex options risk reversals show distinct risk that the US Dollar may slip further against the Euro, Australian Dollar and New Zealand Dollar through short-term trade. Indeed, traders have begun to aggressively bet on and hedge against further Euro strength via options, and recently one-sided speculative futures positioning shows distinct risk of near-term corrections.
Dollar mixed on economic reports, Chinese exports (AP)The dollar was mixed Wednesday on disappointing U.S. economic reports and a big jump in Chinese exports. The euro got a boost as Portugal s successful bond sale helped calm some worries over Europe s budget problems.
Currency Crosses: Technical Outlook 03-10 (DailyFX)Little has changed regarding the euro and Yen crosses. The CADJPY and AUDJPY have traded to new highs but closed off of the best levels of the day.
Chile stocks up on banks, construction; peso slides (at Reuters)* Banks gain, investors see good credit market after quake * Construction stocks up on rebuilding drive * Peso hit by dollar buys to fund Cencosud buyout
CANADA FX DEBT-C$ up for 9th straight session, hits 5-mth high (at Reuters)* C$ ends at 97.48 U.S. cents, 9th straight up day * Backtracks after hitting highest level since October * Increased view that C$ could test parity
Dollar mixed in Wednesday trading (Money)The dollar was mixed against major currencies Wednesday, rising against the yen and pound but giving up gains versus the euro.
Currencies: Dollar falls vs. euro but gains on other rivals (at MarketWatch)The dollar falls versus the euro, reversing an earlier gain, but it gains on the British pound and Japan s yen.
Currencies: Dollar falls vs. euro, up against other majors (at MarketWatch)The dollar falls versus the euro, reversing an earlier gain.
US Dollar / Japanese Yen 03-10 (DailyFX)New Zealand Dollar Outperforms Ahead of RBNZ Rate Decision, Japanese Yen Pares Two-Day Rally (DailyFX)
The New Zealand dollar extended the rally from earlier this week and is the best performing currency against the greenback on Wednesday, while the Japanese Yen weakened across the board and retraced the two-day rally against the U.S. dollar.
British Pound / US Dollar 03-10 (DailyFX)CANADA FX-C$ touches strongest level since October (at Reuters)
The Canadian dollar hit its strongest level against the U.S. dollar on Wednesday since October 2009, supported in part by higher oil and bullion prices.
Brazil s central bank calls auction to buy dollars (at Reuters)Brazil s central bank called an auction on Wednesday to buy U.S. dollars on the spot foreign exchange market as part of an ongoing effort to boost international reserves and limit volatility in the currency market.
Brazil forex outflows total $1.205 bln to March 5 (at Reuters)Brazil s central bank said on Wednesday that U.S. dollar outflows from the country totaled $1.205 bln this month through March 5.
Euro rises to session high against the yen (at Reuters)The euro rose 1 percent to a session high against the yen on Wednesday, more on yen weakness than on any specific news. The yen has been weak across the board as investors assess the likelihood there will be more monetary policy easing measures from the Bank of Japan.
Dollar Falls vs. Aussie (at TheStreet.com)The U.S. dollar put in a generally mixed performance overnight, holding steady against the euro, firming against the broadly heavier British pound, but falling to a seven-week low against the resurgent Australian dollar.
Dollar falls vs. euro but gains on other rivals (at MarketWatch)The dollar falls versus the euro, reversing an earlier gain, but it gains on the British pound and Japan s yen.
Swiss central bank fires apparent warning shot (at MarketWatch)Another round of rumored currency intervention by the Swiss National Bank Wednesday appeared to be a warning shot designed to chill traders looking to sell the euro versus the Swiss franc as monetary policymakers prepare to meet, analysts said.
RPT-Q+A-What foreign exchange reforms are brewing in Brazil? (at Reuters)Recent comments by Brazilian Finance Minister Guido Mantega that Brazil must prepare its currency for international circulation revived the debate on how to reform the country s foreign exchange regulations.
Currencies: Dollar mostly higher; euro erases early loss (at MarketWatch)The dollar gets a lift against the euro Wednesday as trade data from Germany come in worse than expected.
MONEY MARKETS-Euro Libor at new low on plentiful liquidity (at Reuters)Euro Holds Narrow Range, British Pound Extends Decline as U.K. Manufacturing Falters (DailyFX)
The Euro tipped lower against the greenback on Wednesday, with the exchange rate slipping to a low of 1.3545 during the overnight trade, and the single-currency is likely to maintain the narrow range carried over from the previous week as policy makers in Europe aim to support the economies operating under the fixed-exchange rate system.
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