| NZ dollar struggles at lower levels The New Zealand dollar continued to struggle after falling sharply yesterday on cautious comments from the Reserve Bank of New Zealand (RBNZ).It was at US72.18c at 5pm from US72.38c at 5pm yesterday.The NZ dollar dived yesterday... nzherald.co.nz |
Euro s locomotive is puffing again (at Financial Times) It is fortunate that, when the end of the eurozone was said to be near, nobody thought of telling the economy. Blissfully unaware of the nightmares haunting financial markets, politicians and, we admit, the media, eurozone economies got down to work and grew by 1 per cent in the second quarter, smartly outpacing the languid US growth rate of 0.6 in the same period. us.rd.yahoo.com |
The CME: Growth is driven by investors need for clarity [at Financial Times] - Back in May, at the peak of the European sovereign crisis, news that currency futures traders were collectively betting on a decline in the euro for the first time since December 2005 made headlines. us.rd.yahoo.com |
Currencies: Dollar treads water vs. rivals ahead of jobs data The dollar pares an earlier gain against the yen and generally stays in narrow ranges against major counterparts as investors await key U.S. jobs data. us.rd.yahoo.com |
ECB chief opposes new EU budget rules The European Central Bank's chief does not support all the proposed new eurozone budget rules that leave penalties for overspending nations up to EU governments, who in the past have shown themselves unwilling to impose any. finance.yahoo.com |