| Kiwi drops from high The New Zealand dollar drifted slightly lower against the greenback yesterday after reaching its highest level in over a week at the weekend. The kiwi was at US70.88c at 5pm yesterday, down from US71.08c at 8am and US71c on Friday.... nzherald.co.nz |
Sterling Raises $730 Million to Avert Foreclosure (at New York Times) Sterling Financial said it has raised $730 million from private equity and institutional investors which will see Sterling Savings Bank, Washington s second-largest bank, avoid being seized and sold. us.rd.yahoo.com |
Canadian Dollar Outperforms, Japanese Yen Weighed By Risk Appetite [DailyFX] - The Canadian dollar pared the overnight decline and is the best performing currency against the greenback on Wednesday, while the Japanese Yen weakened across the board following the rebound in risk sentiment. finance.yahoo.com |
Colombia cenbank modifies forex intervention rules * Peso falls on central bank's announcement * Colombia streamlines rules for intervention BOGOTA, Oct 15 - Colombia's central bank said it modified its foreign exchange intervention rules to make it easier for the bank to enter the market more directly and help control the rising peso. us.rd.yahoo.com |
Kiwi hits low over euro crisis fears The New Zealand dollar tested support yesterday at its lowest level in a month against the greenback, as investors once again shunned risk amid growing fears about the euro zone's debt crisis.The NZ dollar was plumbing lows as... nzherald.co.nz |