Forex – Dollar gains against yen ahead of Tankan survey; weaker…

The News Review:

- Forex – Dollar gains against yen ahead of Tankan survey; weaker…
- Forex – Euro hits fresh high as inflation figures come in above…
- Forex – US dollar firmer in Sydney morning trade helped by financial…

Forex – Dollar gains against yen ahead of Tankan survey; weaker…
Forbes – Mar 31, 2008
dollar gained against the yen on Monday ahead of the release tomorrow of the Tankan survey in Japan, which is expected to show a sharp decline in business confidence in the first quarter due to mounting worries over the impact of rising procurement costs and slowing export demand on corporate profits. But the greenback remained weak against the euro, reflecting continued concerns about the softening U.

Forex – Euro hits fresh high as inflation figures come in above…
Forbes – Mar 31, 2008
The euro zone harmonised index of consumer prices rose a provisional 3. 5 percent year-on-year in March compared with a year-on-year rise of 3. 3 percent in February, EU statistics office Eurostat said. The European Central Bank’s target is for annual inflation to be at 2 percent and figures such as these are likely to further undermine the chances it will cut interest rates in the coming months as it battles to bring inflation under control.

Forex – US dollar firmer in Sydney morning trade helped by financial…
Forbes – Mar 31, 2008
dollar was trading slightly higher against major currencies in Sydney morning trade on Tuesday, helped by U. Treasury Secretary Henry Paulson releasing a 218-page proposal to overhaul US financial regulations.

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