NZ currency: Dollar consolidates
The New Zealand dollar consolidated in a relatively narrow range today as analysts continued to debate investor behaviour in the US dollar market.At 5pm the NZ dollar was buying US67.35c, down from US67.59c at 8am and unchanged... nzherald.co.nz |
Rethink urged on common currency
New Zealanders should think about the benefits of a common currency with Australia despite the Prime Minister doubting it will happen, says the new chief executive of the Ministry of Foreign Affairs, John Allen."New Zealand needs... nzherald.co.nz |
Eurozone officials say they support strong dollar (AP)
Seeking to cool the euro's soar toward a 14-month high, the European Central Bank and the 16 nations that use the euro said Monday that they supported a strong dollar. us.rd.yahoo.com |
Intel leads big retreat in world markets (AP)
World stocks slid Thursday after analysts at Bank of America Merrill Lynch reportedly downgraded their recommendations on a series of U.S. technology stocks, including Intel Corp. That feeded mounting concerns that current valuations are not justified by the pace of the global economic recovery. us.rd.yahoo.com |
Dollar mixed in thin year-end trading (AP)
The dollar was mixed in light trading Thursday, as market volumes dried up on the last day of the year. The 16-nation euro slipped to $1.4321 in late New York trading from $1.4334 late Wednesday, while the pound rose to $1.6169 from $1.6069. us.rd.yahoo.com |