| NZ dollar falls short on investor caution The New Zealand dollar yielded much of today's small gain against the greenback and euro as markets waited for more companies in the United States to start reporting second-quarter earnings results.By 5pm, the kiwi was buying... nzherald.co.nz |
China speeds up yuan s global ascent (at Reuters) China has accelerated a programme to gradually internationalise its currency, encouraging greater use of yuan in settling trade and giving foreigners more avenues for investing their yuan holdings. us.rd.yahoo.com |
ECB steps up eurozone bond buying [at Financial Times] - The European Central Bank has stepped in to shore up the eurozone government bond markets in what appears to be its biggest such intervention since early July. The ECB has bought between €100m and €300m of Greek, Irish and Portuguese bonds so far this week, traders said on Wednesday, as worries over the health of some highly indebted eurozone economies resurfaced. us.rd.yahoo.com |
Aussie dollar briefly hits parity with U.S. dollar The Australian dollar turned lower vs. the U.S. dollar after breaking through parity with the greenback in early New York trading Friday. One Australian dollar bought 98.87 U.S. cents, off 0.3% for the session. us.rd.yahoo.com |
NZ dollar heads for monthly decline The New Zealand dollar is heading for its first monthly decline since August as investors' nerves over the European sovereign debt crisis shifts its focus to Portugal.The kiwi dollar has dropped 2.8 per cent this month, the first... nzherald.co.nz |