The WSJ Dollar Index Falls 0.21% to 97.02 [Yahoo! Finance]
SOCIETE GENL FRNCE S/ADR (SCGLY)
NASDAQ:AMEX Investor Relations:
societegenerale.com/en/investors
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Source: Yahoo! Finance
1526 GMT – The U.K. budget is broadly negative for sterling even as the currency rises due to positioning ahead of the announcement, Societe Generale's Kit Juckes says. Sterling could hold firm for now but faces a hit from more rate cuts over the medium term, he says. 1341 GMT – Sterling rises to a four-week high against the dollar and the euro as investors express relief over the U.K. budget, Rabobank forex strategist Jane Foley says.
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- SocGen's Overnight Economic News [Yahoo! Finance]Yahoo! Finance
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- Bond termites, not vigilantes, are the big risk [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Fed's 'Unfinished Business of Rate Cuts' to Boost Stocks, SocGen Says [Yahoo! Finance]Yahoo! Finance
- U.S. dollar set for biggest weekly fall in four months, Fed path in focus: Reuters forecast [BNN Bloomberg (Canada)]BNN Bloomberg