| Uncertainty on Wall St as US stocks fall Stocks in the US fell overnight, erasing an early rally, on evidence of a slowdown in growth in the US services sector.In late trading, the Dow Jones industrial average fell 0.10 per cent, the Standard & Poor's 500 Index lost... nzherald.co.nz |
NZD/USD Classical 07.21 (DailyFX) NZD/USD: As expected, the resistance just over 0.7300 proved to be exceptionally strong and the market has since undergone a violent bearish reversal with the price collapsing back below 0.7100. finance.yahoo.com |
Currencies: Dollar extends loss after economic data [at MarketWatch] - Better-than-expected data on U.S. home prices and consumer confidence boost U.S. stocks and reduce demand for the relative safety of the greenback and yen. us.rd.yahoo.com |
Yen Intervention Called Huge Fake-Out [at CNBC] - Japan intervenes to weaken yen. We were assured by currency traders yesterday that newly re-elected Japanese Prime Minister Noda was NOT in favor of intervention. So what happened? us.rd.yahoo.com |
Nikkei up but yen's rise limits gain; eyes on G20 * Market thin as investors nervous before G20 meet outcome * Further stock gains blocked as yen hovers near 15-yr high us.rd.yahoo.com |