|
Dollar Heads for Weekly Loss Versus Euro, Yen Before Jobs Data
The dollar headed for a weekly loss against the euro and yen before a U.S. report forecast to show American employers cut jobs last month, damping demand for assets in the world’s largest economy.
Japan Said to View U.S. Opposition as Yen Intervention Obstacle
Japan views probable U.S. opposition to currency intervention as an obstacle to selling the yen, according to three Japanese government officials.
Euro May Strengthen Versus Pound on Bullish Reversal: Technical Analysis
The euro may advance to a three- month high against the pound after the shared currency’s recent sell-off failed to set a new low for the first time since February, RBC Capital Markets said.
Australian Dollar Falls on Speculation U.S. Employers Cut Jobs Last Month
The Australian dollar fell against all 16 major counterparts before a report economists said will show the U.S. cut jobs last month, damping demand for higher- yielding currencies.
Pound Stays Near Lowest in Month Versus Dollar as Economic Recovery Slows
The pound was near its lowest in more than a month against the dollar, headed for a fourth weekly loss, after a report showed U.K. services grew the least in 16 months, boosting concern the recovery may falter.
|