| NZ dollar holds on to recent gains The New Zealand dollar held recent gains today as stock markets firmed.Around 5pm the New Zealand dollar was at US71.60c from US71.58c at 8am and US71.16c at 5.30pm yesterday.Appetite for risk has been boosted by strong profit... nzherald.co.nz |
Russia s grain ban may help Canadian dollar (at MarketWatch) The Canadian dollar may benefit from Russia s temporary ban on grain exports in the face of a devastating drought, analysts said Thursday. Wheat futures rose to the highest in almost two years, as North America is poised for a bumper crop of the commodity, said Marc Chandler, global head of currency strategy at Brown Brothers Harriman. us.rd.yahoo.com |
China too slow with currency reforms, says US Treasury United States Treasury Secretary Timothy Geithner says that China has been moving too slowly to reform its currency system.Geithner said the Obama Administration was considering what tools it might use to push China to move more... nzherald.co.nz |
Dollar turns up, bonds slip after Chicago PMI [at MarketWatch] - The U.S. dollar turned up against the euro and Treasury prices stayed lower on Thursday after a gauge of manufacturing activity in the Chicago area improved in September. Yields on 10-year notes , which move inversely to prices, rose 8 basis points to 2.58%. us.rd.yahoo.com |
Euro up to $1.3959 after Fed minutes The euro has climbed back toward the $1.40 mark as the dollar sags again on expectations that the Federal Reserve is close to taking new measures to support the U.S. economy. finance.yahoo.com |