The News Review:

- WRLD FREX: Dollar Mixed Ahead f Payrolls Pound Suffers
- WRLD FREX: Dollar n Back Foot After ECB Holds Rates Steady
- WRLD FREX: GBP Still Weak n Politics; US Job Data Awaited
- CRRECT: WRLD FREX: Dollar Maintains Rebound Into Afternoon
- FREX-Dollar down as Bernanke remarks weigh; c.banks eyed
- WRLD FREX: Dollar Easing Back After Corrective Jump
- Trade Idea: EUR/USD – Sell at 1.4100

WRLD FREX: Dollar Mixed Ahead f Payrolls Pound Suffers
Wall Street Journal
–>WRLD FREX: Dollar Mixed Ahead f Payrolls Pound Suffers ArticleCommentsmore in. non-farm payrolls report at 1230 GMT. However one place where the dollar is moving sharply higher and for a second consecutive day is against the pound. After sterling’s meteoric 15% rise against the dollar in just over a month it is falling back to earth with a severe bump as U.

WRLD FREX: Dollar n Back Foot After ECB Holds Rates Steady
Wall Street Journal
–>WRLD FREX: Dollar n Back Foot After ECB Holds Rates Steady ArticleCommentsmore in. The ECB left its benchmark rate at 1. 0% – which is low but still higher than the Federal Reserve’s key rate which is in a range between 0% and 0. Analysts said the decision suggests the ECB is ready to accept a slow recovery rather than risking additional stimulus at a time when the recession.
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WRLD FREX: GBP Still Weak n Politics; US Job Data Awaited
Wall Street Journal
–>WRLD FREX: GBP Still Weak n Politics; US Job Data Awaited ArticleCommentsmore in. But trading was subdued as the market wanted to see the results of U. non-farm payrolls data later in the day before building large positions traders said.

CRRECT: WRLD FREX: Dollar Maintains Rebound Into Afternoon
Wall Street Journal
–>CRRECT: WRLD FREX: Dollar Maintains Rebound Into Afternoon ArticleCommentsmore in. EDT misstated the reporting period for the ISM non-manufacturing activity index in the 13th paragraph. The correct version follows:) NEW YRK (Dow Jones)–The dollar extended its gains versus the euro and other currencies into Wednesday afternoon on weak U.

FREX-Dollar down as Bernanke remarks weigh; c.banks eyed
Reuters
Changesbyline and dateline. Previous: TKY) By Jamie McGeever LNDN June 4 (Reuters) – The dollar weakened on Thursdayas remarks by Federal Reserve Chairman Ben Bernanke on fiscaldeficits the previous day encouraged dealers to push thecurrency back down toward the lowest levels of the year. The resumption of dollar selling eclipsed the more positivetone generated before Bernanke’s comments on Wednesday afterseveral Asian central banks reiterated their backing for thedollar as a reserve currency and Treasury notes as a primeinvestment. [ID:nSP412010] While Bernanke said he expected the U. recession to endlater this year he warned that failure to ensure long-termfiscal sustainability would mean there would be “neitherfinancial stability nor healthy economic growth.
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WRLD FREX: Dollar Easing Back After Corrective Jump
Wall Street Journal
–>WRLD FREX: Dollar Easing Back After Corrective Jump ArticleCommentsmore in. Reassurances from Asian monetary officials about the dollar’s continuing role as a reserve currency had helped to push the dollar up Wednesday after its recent losing streak. Federal Reserve chairman Ben Bernanke about the need for fiscal discipline had also given the.
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Trade Idea: EUR/USD – Sell at 1.4100
Forexrazor
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