Business Times Online: FX Money Markets

DBS Breakfast Spread

Key discussion centres on:

: · TH: June economic and balance of payments data are out on Friday.

· US: DBS has altered its Fed forecast owing mainly to a labour force that seems to be stuck permanently in neutral

· Currencies: July witnessed a clear shift from euro weakness to USD weakness

30/07/10

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Currencies

Euro soars to 12-wk high against dollar

(NEW YORK) The euro hit a 12-week high against a broadly weaker dollar yesterday as month-end demand helped to push the single currency above a key technical barrier. 30/07/10

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