| Reserve Bank says it's looking at other tools The Reserve Bank has been investigating the potential for other policy tools to help support its traditional official cash rate instrument in monetary policy, and will continue to look, Reserve Bank Governor Alan Bollard says.Releasing... nzherald.co.nz |
Currencies: Dollar turns down again after housing report (at MarketWatch) The dollar fell against the euro Monday, after a weak U.S. report on the housing sector and as the shared currency shrugged off an unsurprising downgrade of Ireland s credit rating. us.rd.yahoo.com |
Yen in retreat as Tokyo hints at intervention (at Financial Times) The yen continued to soften on Thursday amid reports that the Japanese government was more willing to consider direct intervention to respond to the currency s surge to a 15-year high against the dollar earlier in the week. us.rd.yahoo.com |
Japan Gears Up to Push Down the Yen Prime Minister Naoto Kan said Japanese officials were in talks with their counterparts overseas to lay the groundwork for a possible intervention on currency markets. nytimes.com |
Currencies: Dollar’s China-triggered gains come undone Greenback gives back most of the gains logged in the wake of China's tightening move. us.rd.yahoo.com |