Euro remains supported by short-covering while the Pound continues to track the outlook for interest rates. The Yen is tracking US yields and the commodity bloc is still anchored to stock markets and the earnings calendar.

Euro remains supported by short-covering while the Pound continues to track the outlook for interest rates. The Yen is tracking US yields and the commodity bloc is still anchored to stock markets and the earnings calendar. FXstreet.com (Barcelona) - Euro decline after the last failure to gain 1.3000 on Tuesday, found support at 1.2730/40 area, and the pair picked up on European session, with stock markets on bid tone, to reach 1.2850 high before easing to 1.2820.

Euro looks to EU stress tests while the Pound tracks the rates outlook as the BOE releases July’s meeting minutes. The Yen and the commodity bloc are anchored to stock markets as the earnings season continues.

With the release of the iPhone 4 dominating headlines, it may be a good time to take a look at how the popular device may be impacting the U.S. stock markets. Most of the press surrounding the iPhone 4 more or less reads the same. Talk of 1.7 million units being sold in only three [...]