The dollar closed mixed on Friday, lower versus the yen but higher against the commodity currencies, on further signs of slowing US economic growth. The dollar index, rising for the first day in four, rose to 82.56 after finding the 82-area support. July consumer expectations dropped to the lowest level

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Yen Rises as Risk Appetite Falls

The dollar traded mostly lower in New York trading Monday as concerns over the sovereign debt crisis abated. Global stocks and commodities rose on further signs of continued economic growth.

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AUD/USD Rallies On Hawkish RBA Comments

Jean-Claude Trichet, the President of the European Central Bank who chairs the group of central banks and heads of supervision which represents the body of the Basel Committee on banking supervision, warned banks today from undertaking to much risk after the signs of recovery that appeared recently and due to…

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Trichet Warns from Risk Taking by Banks after the Basel Committee Meeting