FREX-Dollar firms as US bank plan optimism wanes

The News Review:

- FREX-Dollar firms as US bank plan optimism wanes
- WRLD FREX: Dollar Rises Vs Euro But Pound To 6-Wk High
- Canadian Forex Midday: C$ Weakens
- Forex News and Rumors – Afternoon Update
- WRLD FREX: Sterling Jumps n UK Inflation Surprise

FREX-Dollar firms as US bank plan optimism wanes
Reuters
government plan to remove bad assetsfrom banks’ balance sheets dwindled prompting investors toresume safe-haven bets on the greenback. The dollar also gained support from a growing view that theFederal Reserve’s quantitative easing — buying U.

WRLD FREX: Dollar Rises Vs Euro But Pound To 6-Wk High
Wall Street Journal
–>WRLD FREX: Dollar Rises Vs Euro But Pound To 6-Wk High ArticleCommentsmore in. The Dow Jones Industrial Average retreated more than 100 points after rallying a day earlier leading investors back to the major funding currency of their riskier bets the dollar. The euro fell to a session low of $1. 3450 after rising as high as $1. 3739 Monday also as traders prepared from the upcoming European Central Bank policy meeting.
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Canadian Forex Midday: C$ Weakens
Wall Street Journal
–>Canadian Forex Midday: C$ Weakens ArticleCommentsmore in. dollar at midday Tuesday. After the impressive rally staged Monday by global equity markets trade participants were more averse to risk on Tuesday after.

Forex News and Rumors – Afternoon Update
ANDA Forex Blog
4 percent today to 132. 64 yen per US dollar from 132.

WRLD FREX: Sterling Jumps n UK Inflation Surprise
Wall Street Journal
–>WRLD FREX: Sterling Jumps n UK Inflation Surprise ArticleCommentsmore in. inflation data proved stronger than expected in February and the governor of the Bank of England Mervyn King said the currency’s recent fall hadn’t been engineered and he could see no reason why it should go any lower. At the same time U.

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