| Kiwi dollar falls sharply The New Zealand dollar fell sharply against major currencies early today, alongside tumbling share prices in the United States.By 8am the NZ dollar was buying US67.46c from US68.64c at 5pm yesterday. The kiwi got down to around... nzherald.co.nz |
Euro Stems Losses Despite Decline In Exports As Strong Earnings Provide Support (Daily FX) The Euro slid during Asian trading after a second failed attempt to break above 1.5000 but has regain its footing as positive stock markets have lent support. Solid corporate earnings continue to fuel optimism that a global recovery is around the corner. us.rd.yahoo.com |
Obama unlikely to push China hard on currency (AP) In his visit to Beijing this week, President Barack Obama is expected to tread lightly when pressing China to let its currency rise against the dollar. us.rd.yahoo.com |
Currencies Confined to Tight Range in Lackluster Holiday Trade (Daily FX) We would just like to take the opportunity to wish everyone a happy holidays and healthy new year. Price action in the final week of trade is always quite volatile and dangerous due to the illiquid trade and we recommend that all of you who decide to establish positions to trade responsibly and with limited leverage. us.rd.yahoo.com |
IMF sharply raises global economic growth forecast (Reuters) The International Monetary Fund sharply raised its global economic growth forecast, casting developing countries in a leading role while rich nations struggle with high unemployment and government debt. us.rd.yahoo.com |