British Pound Tumbles Lower on BoE Comments, Euro Maintains Channel Formation - Daily FX - 34 minutes ago
The British Pound retraced the overnight advance and slipped back below the 1.5700 level as the Bank of England lowered its outlook for growth and inflation, and the exchange rate may maintain the downward trending channel from the November high as the central bank expects price growth to fall back below the 2% target.

Oil rises above $74 on dollar weakness - Reuters - 1 hour, 0 minutes ago
Oil rose above $74 a barrel on Wednesday, bouncing from earlier losses, as the euro extended gains against the dollar on hopes for a bailout for Greece.

Sterling Weighed Down by Dovish BOE Report - Daily FX - 1 hour, 28 minutes ago
A mild correction in the markets is underway, with traders content in buying back into currencies and risk on Tuesday. However, it remains to be seen whether yesterdayâEuro™s market reversal is now complete in favor of a fresh bout of consolidation, or whether we will continue to see additional corrective activity resulting in additional USD declines.

EU nations' reality: Greece's woes are theirs, too - AP - 2 hours, 21 minutes ago
Wealthy European nations are moving closer toward swallowing a bitter pill: rescuing Greece from its overspending before its debts drag down the euro and stock markets all the way to Wall Street.

Euro steady against dollar - AP - Wed 2:51 am ET
The euro was steady against the dollar on Wednesday, building slightly on the gains it made the previous day amid rising hopes of a European rescue for heavily indebted Greece.

Dollar, Yen Decline as Germany Tipped to Lead Effort to Aid Troubled EU Countries - Daily FX - Wed 2:27 am ET
The US Dollar and Japanese Yen traded lower as news that Germany may lead an EU effort to offer loan guarantees to Greece and other troubled Euro Zone economies boosted risky assets, sapping demand for the safe-haven currencies.

China exports show trade recovery on track - AP - Wed 2:20 am ET
China's export growth accelerated in January and imports rose, adding to signs a recovery in global and Chinese demand is on track.