http://biz.yahoo.com/topic/currency/The latest news on Currency Markets from Yahoo! Financeen-usFri, 4 Jul 2008 18:53:42 Etc/GMThttp://us.news2.yimg.com/us.yimg.com/p/fi/pr/40197.gifhttp://finance.yahoo.com14417http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/080704/oil_prices.html?.v=10Oil prices fell more than $1 a barrel Friday from record levels set a day earlier on hopes that tensions surrounding Iran's nuclear program could ease and cut the chances of American or Israeli military action against OPEC's second-largest oil producer.yahoo_finance/718549459Fri, 4 Jul 2008 18:53:42 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/fxcm/080704/1215180528557.html?.v=1- Euro: No Bias Equals No Action - British Pound Faces BoE Rate Decisionyahoo_finance/2518683435Fri, 4 Jul 2008 14:08:40 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/rb/080704/g8_eu_barroso.html?.v=1The dollar's fall is a source of global concern and the European Union wants a better balance between the U.S. unit and other major currencies, European Commission President Jose Manuel Barroso said on Friday.yahoo_finance/3521723922Fri, 4 Jul 2008 11:42:27 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/fxcm/080704/1215169596884.html?.v=1As we noted yesterday, "The next ‘significant? move should be back to 1.57 . As such, lighten up on longs at this point."yahoo_finance/2555526808Fri, 4 Jul 2008 11:06:18 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/fxcm/080704/1215167147709.html?.v=1A day after the 200 point collapse EURUSD bulls continued to lick their wounds as the pair tried to consolidate around the 1.5700 level in quiet holiday trade.yahoo_finance/2421374470Fri, 4 Jul 2008 10:25:16 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/fxcm/080704/1215153306994.html?.v=1Japan offered the solitary piece of news-worthy data overnight as the preliminary reading of May?s Leading Index disappointed to the downside, printing at 92.6% versus the expected 93%.yahoo_finance/1412790522Fri, 4 Jul 2008 06:34:31 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/fxcm/080703/1215129028292.html?.v=1The DailyFX Carry Trade Index was practically unmoved from last week after heavy event risk failed to generate direction for the yield strategy. In fact, carry interest has actually worked its way into a period of congestion that has sapped all of the momentum out of the developing rebound after the March reversal.yahoo_finance/1965760922Thu, 3 Jul 2008 23:50:00 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ibd/080703/general.html?.v=1The European Central Bank hiked its benchmark interest rate by a quarter-point 20hursday but signaled no more boosts are on the way, giving the dollar a lift.yahoo_finance/3754840599Thu, 3 Jul 2008 22:58:34 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/fxcm/080703/1215123793853.html?.v=1yahoo_finance/2442844052Thu, 3 Jul 2008 22:20:07 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/fxcm/080703/1215121925870.html?.v=1The British pound extended its losses as bad news continues to pour out of the UK. Service sector PMI fell to the lowest level since October 2001.yahoo_finance/3911355712Thu, 3 Jul 2008 21:52:00 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/fxcm/080703/1215121862640.html?.v=1For the first time since 2007, the European Central Bank raised interest rates by 25bp to 4.25 percent. However despite this move, the Euro dropped more than 200 pips when ECB President Trichet failed to signal to the markets that interest rates would be increased again this year.yahoo_finance/3880200361Thu, 3 Jul 2008 21:50:53 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/fxcm/080703/1215121796621.html?.v=1The US dollar was itching for a breakout against the Japanese Yen prior to the non-farm payrolls report.yahoo_finance/2808779012Thu, 3 Jul 2008 21:49:50 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/fxcm/080703/1215121225193.html?.v=1Broad dollar strength has pushed the Australian, New Zealand and Canadian dollars lower. The Australian trade deficit was slightly wider than expected as exports slow and imports grow.yahoo_finance/3099209541Thu, 3 Jul 2008 21:40:08 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/fxcm/080703/1215120567375.html?.v=1- Euro Collapses as Trichet Proves to be a Big Disappoint - British Pound: Economic Data Continues to Worsenyahoo_finance/1324523493Thu, 3 Jul 2008 21:29:12 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/080703/dollar.html?.v=2The dollar climbed Thursday after the government reported that the U.S. unemployment rate held steady at 5.5 percent last month, as expected.yahoo_finance/2495919428Thu, 3 Jul 2008 20:37:29 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/fxcm/080703/1215115278843.html?.v=1The US stock and bond markets are closed for trading on Friday in observance of Independence Day, but the foreign exchange markets are open. Although the economic calendar is very light, Canada will be releasing what can typically be a very market moving indicator for the Canadian dollar - IVEY PMI.yahoo_finance/1622488448Thu, 3 Jul 2008 20:01:05 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/cnnm/080703/070308_dollar.html?.v=4The dollar rose against the euro Thursday after a government report on the labor market came in largely as expected despite persistent rumors that a much bleaker number was in store.yahoo_finance/2776830586Thu, 3 Jul 2008 19:09:00 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/fxcm/080703/1215107093519.html?.v=1EUR/USD - Oil is Determining Fed Policy - Federal Reserve: A Third Quarter Rate Hike? - When Will the US Consumer Buckle? - Labor Market: String of Job Losses Set to Continue - The US Dollar At or Near a Bottom - Euro Bye Bye Boom - ECB Full Speed Ahead - Risk of Recession Ahead? - North - South Decoupling Continues - EURUSD to Remain Contained Within its Range Tell us Where You Think the EUR/USD is headed in 2008?yahoo_finance/4166027956Thu, 3 Jul 2008 17:44:19 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/fxcm/080703/1215106904819.html?.v=1In the second quarter of 2008, the New Zealand dollar fell sharply against the world?s most heavily traded currencies on speculation that the Reserve Bank of New Zealand would have to cut interest rates faster than traders had previously expected.yahoo_finance/4027624295Thu, 3 Jul 2008 17:41:32 Etc/GMThttp://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/fxcm/080703/1215106632440.html?.v=1Despite an ominous sense of uncertainty over the health of the credit markets, fading global growth and narrowing interest rate differentials, the Australian dollar managed to close out the second quarter at fresh 24-year highs against the benchmark US currency.yahoo_finance/4264341933Thu, 3 Jul 2008 17:37:00 Etc/GMT