| Currency Markets Look for Momentum (at TheStreet.com) At the moment, foreign exchange markets are unable to make sustainable breaks. In the coming week, look for the dollar index to test support. us.rd.yahoo.com |
NZ dollar recovering after yesterday's fall The New Zealand dollar continues to recover this morning after falling sharply yesterday when higher than expected unemployment data for the June quarter were released.The NZ dollar was at US72.87c at 8am from US72.95c at 5pm... nzherald.co.nz |
More countries intervening to keep currencies down [at Reuters] - More governments around the world are moving to keep their currencies from appreciating as a way of boosting their economic recovery, and as Japan intervened in the currency market on Wednesday for the first time in six years to curb the surging yen. us.rd.yahoo.com |
Dollar bounces back from 6-month low vs euro [AP] - The dollar bounced back Monday from a six-month low against the euro as two reports on housing and manufacturing showed modest improvements in the U.S. economy. finance.yahoo.com |
NZ dollar holds above 75c as China toughens up on banks, Fed speaks The New Zealand dollar held above 75 US cents as the greenback rallied after China boosted the level of cash that six of its biggest banks need to keep on hand, while the Federal Reserve's vice chair talked about the dangers associated... nzherald.co.nz |