FREX-Dollar rises amid risk aversion before US jobs report

The News Review:

- FREX-Dollar rises amid risk aversion before US jobs report
- FREX-Risk aversion lifts dollar pound falls after BoE
- WRLD FREX:Euro Dn n China Shr Drop;Yet Trend Still Upward
- WRLD FREX: Dollar Falls To New 2009 Low Versus Euro
- WRLD FREX:Yen Up Slightly As Weak Stks Boost Risk Aversion
- FREX-Dollar near 9-month low vs sterling Aussie jumps
- WRLD FREX: Euro Hits 2009 High Despite Cautious Tone

FREX-Dollar rises amid risk aversion before US jobs report
Reuters
weekly jobless claims fall more than expected (Adds comments details. Updates prices) By Vivianne Rodrigues NEW YRK Aug 6 (Reuters) - The dollar rose versus the euroon Thursday on a renewed bout of risk aversion ahead of a keygovernment report on the U. labor markets due on Friday. Data showing a sharp drop in U.

FREX-Risk aversion lifts dollar pound falls after BoE
Reuters
weekly jobless claims than expected * Risk-taking fades as markets await nonfarm payrolls (Recasts; updates prices adds comment changes byline) By Steven C. Johnson NEW YRK Aug 6 (Reuters) - Sterling plunged on Thursdayafter Britain’s central bank said it would pump more money intoa still fragile banking system while the dollar gained on theeuro ahead of a much anticipated U. The Bank of England did not change interest rates butsurprised markets by raising the size of a bond purchasingprogram designed to boost lending and support the economy. That knocked sterling off a 10-month peak above $1.

WRLD FREX:Euro Dn n China Shr Drop;Yet Trend Still Upward
Wall Street Journal
->WRLD FREX:Euro Dn n China Shr Drop;Yet Trend Still Upward ArticleCommentsmore in. The Shanghai Composite Index China’s benchmark on share markets fell more than 3% at one point during Thursday’s session. That prompted currency players to sell the euro which tends to weaken when.

WRLD FREX: Dollar Falls To New 2009 Low Versus Euro
Wall Street Journal
dollar fell to a new low for 2009 against the euro as stock markets trimmed their losses in afternoon trading Wednesday. The dollar’s losses against the common currency were relatively modest Wednesday as foreign exchange markets consolidated ahead of some key events later in the week but they were enough to push the euro slightly higher than the 2009 low recorded after a major rally Monday. The euro reached $1. 4448 in afternoon trading its highest.
Related from Ytbao: US dollar Edges Up; climbs to 6-day high versus euro and franc

WRLD FREX:Yen Up Slightly As Weak Stks Boost Risk Aversion
Wall Street Journal
->WRLD FREX:Yen Up Slightly As Weak Stks Boost Risk Aversion ArticleCommentsmore in. But some traders noted that whether the yen’s rise has staying power is uncertain. With sentiment toward the world economy improving the currency could fall back if key economic data due later in the global day paint a rosy picture for the U.

FREX-Dollar near 9-month low vs sterling Aussie jumps
Reuters
[ID:nSYD536208] In contrast the New Zealand dollar fell after data showedthe country’s jobless rate climbed more than expected to 6. 0percent for the second quarter a nine-year high backing viewsits central bank will keep interest rates at a record low wellinto 2010. [ID:nWEL524980] “The market cannot find a factor which could break theuptrend in the Aussie” said Hideki Amikura deputy generalmanager of the forex section at Nomura Trust Bank. “But that said tomorrow’s U. jobs report is expected toshow weak numbers which may be the potential catalyst to dampeneconomic recovery hopes and reverse recent gains in assetsincluding stocks and yen crosses” Amikura added. The Australian dollar jumped as high as $0.

WRLD FREX: Euro Hits 2009 High Despite Cautious Tone
Wall Street Journal
->WRLD FREX: Euro Hits 2009 High Despite Cautious Tone ArticleCommentsmore in. The euro’s gains were relatively modest Wednesday as foreign exchange markets continued to consolidate ahead of several key events later in the week including U. July jobs data Friday. But they were enough to push it slightly higher than the 2009 high recorded after a major rally Monday.

Add A Comment

© 2005-2010 Forex News