Euro steady near yearly highs against dollar (AP)
The euro remained near its highest level in more than a year against the dollar on Thursday as investors felt confident to leave the safety of the American currency. us.rd.yahoo.com |
The sun still rises in Japan's economy
Lunch at Tokyo's Foreign Correspondents' Club (FCC) is much like lunch at any such club in any of the world's big cities.The food, like the decor, is plain but classy, with an international flavour. But the menu has one feature... nzherald.co.nz |
US growth downgrade weighs on world markets (AP)
European and U.S. stock markets fell Tuesday after government figures showed the U.S. economy did not grow as fast in the third quarter as previously estimated, stoking fears that the recovery in the world's largest economy will be slow. us.rd.yahoo.com |
Currency Crosses: Technical Outlook (Daily FX)
The big story in the crosses is the EURCHF , which has broken below 15000. The EURCAD also closed the week below a long term head and shoulders neckline. us.rd.yahoo.com |
OCR tipped to rise by June
New Zealand inflation was probably unchanged in the fourth quarter, reflecting a drop in food prices, which may help convince the Reserve Bank to hold off on raising interest rates until April.The Consumer Price Index held steady... nzherald.co.nz |