* Euro hit overnight after strong U.S. data, Fed * Fed minutes cautious on QE3 taper, but U.S. yields rise * No policy moves expected from ECB meeting, rhetoric eyed * Bullish sterling just off one-year high vs euro The euro recovered some ground ahead of a European Central Bank […]
Tag: Euro
Asian shares tumble to three-week low on China services PMI
Asian shares fell to a three-week low on Monday after growth in China’s services sector slowed sharply last month, raising concerns about the pace of recovery in the world’s second-largest economy, while safe-haven gold climbed. The dollar hovered near a four-week high, supported by an upbeat outlook for the U.S. […]
Yen firms vs. dollar and euro as investors shun risk
The yen rose on Friday as investors covered short positions and shunned risk, helping the Japanese currency move away from recent lows against the dollar and euro. The dollar fell 0.4 percent to 104.32 yen, down more than a full yen from a five-year high of 105.45 yen set on […]
