| MONEY MARKETS-US bill sale well bid, interbank dlr rate falls (at Reuters) * 4-week U.S. bill auction well bid * Benchmark U.S. dollar funding costs at 2-1/2-month low * Speculation rises about more Fed accommodation us.rd.yahoo.com |
Treasurys, dollar down after housing starts, PPI (at MarketWatch) The dollar extended losses and Treasury prices remained under modest pressure on Tuesday after a report showed U.S. housing starts rose 1.7% to a 546,000 pace in July. A separate report said producer prices rose 0.2% last month. us.rd.yahoo.com |
Dollar falls to new post-intervention low vs yen [at Reuters] - The U.S. dollar fell to session lows below 84 yen on Tuesday, its weakest level since Japan intervened in the currency market two weeks ago. us.rd.yahoo.com |
HSBC sees bumpy ride for Australian dollar Currency strategists at HSBC said Monday that the Australian dollar remains vulnerable to a sell-off. They said that if the theme of a "currency war" catches on in the markets, protectionist measures may harm expectations for global growth and "risk assets" such as the Australian dollar. us.rd.yahoo.com |
NZ dollar drifts lower as US dollar rises The New Zealand dollar drifted lower today ahead of a long holiday weekend and as investors awaited developments in the international economic story.The NZ dollar was at US74.78c at 5pm, from US74.64c at 8am and US74.99c at 5pm... nzherald.co.nz |