| British Pound Retreats Against US Dollar. Will Other Majors Follow? (Daily FX) Selling the British Pound against the US Dollar earlier this week has proved fruitful thus far, with prices about 300 pips in our favor at the moment. Similar reversals appear tentatively in the works against the commodity currencies, while the Euro stands at a trend-defining juncture against the greenback. us.rd.yahoo.com |
NZ dollar highest since July 2008 The New Zealand dollar rose to its highest level since July 2008 after higher-than-expected inflation data caused investors to bring forward expectations for New Zealand's first official interest rate hike.By 5pm the NZ dollar... nzherald.co.nz |
USD/CHF Consolidation Near Parity Provides Ideal Scalping Environment (Daily FX) The USD/CHF has settled into a defined range after breaking back below parity as waning risk appetite has limited Swiss franc support, while dollar bulls lack conviction ahead of the upcoming NFP report. us.rd.yahoo.com |
NZ dollar emerges in firm shape The New Zealand dollar emerged from the Christmas long weekend firmer against the US dollar and other major currencies in quiet trading this morning.The kiwi was at US70.83c at 8am, compared with US70.54c at 4pm on Christmas Eve,... nzherald.co.nz |
NZ Dollar mixed, rate decision awaited The New Zealand dollar eased today as the yen rose in response to speculation of a tightening of Chinese monetary policy.The NZ dollar had been rising slightly but late in the day stories citing banking sources said several Chinese... nzherald.co.nz |