[at Reuters] - * Risk currencies firm after strong U.S. data * Yen near 15-year high,Swissie also near record peak vs euro * U.S. payrolls data in focus,median forecast of 100,000 fall more >>
[at Financial Times] - The European Central Bank on Thursday forecast that the eurozone would expand this year and in 2011 much more strongly than previously expected, ruling out a double dip back into recession. more >>
[at Reuters] - * Avis boosts cash portion of bid by $1.50 a share * Total deal value up to $1.36 billion * Avis again does not include reverse breakup fee more >>
[AP] - OUTLOOK IMPROVES: The European Central Bank raised its growth projections for the 16-nation eurozone after better-than-expected economic news. more >>
[AP] - The dollar fell against other major currencies Thursday ahead of a key U.S. jobs report. The euro rose after the European Central Bank raised its forecast for the region s growth. more >>
[DailyFX] - The U.S. dollar could face increased selling pressures over the next 24 hours of trading as market participants anticipate the labor market to weaken for the third consecutive month in August, and the data is likely to reinforce a dour outlook for the world’s largest economy as private sector spending remains one of the leading drivers of growth. more >>
[AP] - A look at economic developments and activity in major stock markets around the world Thursday: ------ BERLIN -- The European Central Bank raised its growth projections for the 16-nation eurozone, but stressed that the outlook remains uncertain and said its effort to keep banks supplied with credit would stay in place for the rest of the year. more >>
[DailyFX] - Sharp US Dollar declines have been met with similarly noteworthy shifts in FX Options market sentiment, thwarting calls for USD rallies through short-term trade. In past weeks we wrote plainly in favor of Dollar strength on the combination of overextended futures positioning and sharp correction in FX Options risk reversals. more >>
[DailyFX] - EURUSD – Euro Forecast Turns Bullish Against US Dollar GBPUSD – British Pound Bias Calls for Weakness USDJPY – Japanese Yen Forecast to Gain Further USDCHF – Swiss Franc Likely to Strengthen against Dollar USDCAD – Canadian Dollar May Appreciate Against USD GBPJPY – British Pound Forecast to decline Against Japanese Yen View individual currency SSI charts in our FX Sentiment section Interested in building your own SSI-based strategy? more >>
[at Financial Times] - The Swiss franc might be hovering near record highs against the euro, but the Swiss National Bank is unlikely to revert to direct intervention to stem the currency s appreciation, says Chris Turner, head of FX strategy at ING ING. more >>
[at Reuters] - There have been no discussions about the euro zone joining a potential Japanese intervention in currency markets to weaken the yen , euro zone sources said on Thursday. more >>
[at MarketWatch] - The euro edged down against the dollar in Asian trading Thursday ahead of the European Central Bank meeting later in the session. more >>
[DailyFX] - The pattern of the decline from 16000 is not clear-so the decline is probably not complete. One possibility is a double zigzag. The 2 legs would be equal at 14980, which is defended by the July 12th low. more >>
