Bloomberg Currencies

Euro Rises to Two-Week High Against Yen, China Output Adds to Yield Demand The yen fell to a two-week low against the euro as signs of recoveries in manufacturing in China and the U.S. sapped demand for the Japanese currency as a refuge from global financial turmoil.

You Sneeze, You Go Home' Flu Policy Slows Trading on Mexican Peso Desks At Intercam Casa de Bolsa SA, a Mexico City-based brokerage, traders slip on face masks in between calls from clients and scrub down their desks with disinfectant wipes in an effort to keep the swine flu away.

Canadian Dollar Advances to Three-Month High on Economy, Commodity Outlook Canada’s dollar rose to the highest since January as speculation the worst of the recession may be over boosted investor appetite for commodity-linked currencies.

Parker Global to Lower Currency Index After Hedge Fund Accused of Fraud Parker Global Strategies LLC will reduce the return figures of its index tracking the performance of foreign-exchange hedge funds after the top-ranked firm was accused by regulators of running a multi-million-dollar fraud.

Mexican Peso Drops After Carstens Says Economy to Fall on Flu Outbreak Mexico’s peso fell for the first time in three days after Finance Minister Agustin Carstens said the economy will drop for the next two or three months, reviving concerns the swine-flu outbreak will deepen a slump.

Purchase U.S. Dollar Against Japanese Yen in Daily Flow Model, UBS Says Investors should buy the dollar against the yen, according to UBS AG’s daily flow model.

Chile's Peso Increases on Rate-Cut Bets; Argentina's Currency Strengthens Chile’s peso rose to a two-week high, capping a sixth month of increases, on gains in copper and speculation the central bank will continue to lower interest rates to boost the slumping economy.

Pimco Favors European Senior Bank Bonds Over U.S. Notes on Policy Outlook Pacific Investment Management Co., which oversees the world’s biggest bond fund, favors European senior bank bonds over similar U.S. notes because the Obama administration’s action to bolster lenders is not as clear.

Euro to Climb on Eastern European Currency Gains, Tokyo-Mitsubishi Says The euro may advance to $1.35 against the dollar after gains for eastern European currencies, according to Bank of Tokyo-Mitsubishi UFJ Ltd.

Euro to `Rebound' Versus Franc on Deflation Concern, Societe Generale Says The euro will rebound against the Swiss franc as concern that deflation is taking hold in Switzerland makes the country’s central bank more likely to act to reduce the franc’s value, according to Societe Generale SA.

Forint May Advance to 272 Per Euro, Commerzbank Says: Technical Analysis The Hungarian forint, headed for its largest monthly gain against the euro on record, may surge to 272 per euro if breaks through the highest level in the past three months, Commerzbank AG said.

Euro May Fall Versus Dollar on Bets for U.S. Recovery, Commerzbank Says The euro may struggle to maintain gains against the dollar amid speculation the U.S. economy will recover faster than that of the 16-nation currency region, according to Commerzbank AG.