| Stephen King: West has huge mountain to climb Does Ben Bernanke suffer nightmares? Does Jean-Claude Trichet have sleepless nights? Does Mervyn King wake up in a cold sweat, his pyjamas soaking wet? I wouldn't blame them if they did because after the biggest policy stimulus... nzherald.co.nz |
Treasurys up, dollar pares loss after U.S. data (at MarketWatch) Treasury prices held on to gains and the dollar minimized its decline on Tuesday after a pair of reports showed an index of U.S. pending sales of homes fell 2.6% in June and factory orders declined. us.rd.yahoo.com |
Japan intervenes to weaken yen; more to come [Reuters] - Japan s bold strike to weaken its currency on Wednesday sent the yen tumbling more than 3.0 percent against the U.S. dollar, but unsettled allies who feared the unilateral move may complicate efforts to restore balanced global economic growth. finance.yahoo.com |
Dollar slips vs euro after U.S. home price data [at Reuters] - The dollar slipped against the euro on Tuesday after data showing U.S. single-family home prices slid in July. The euro rose as high as $1.3513 after the data, according to electronic trading platform EBS, from $1.3462. us.rd.yahoo.com |
NZ Dollar Outlook: Kiwi to trail Aussie dollar higher The New Zealand dollar will likely extend its run higher this week as the Australian currency looks set to test parity with the greenback, dragging the kiwi along with it.All six economists and strategists in a BusinessDesk survey... nzherald.co.nz |