| China and the I.M.F. China’s submission to the International Monetary Fund’s annual review of exchange rate and economic policies is good news, but not a major shift in policy. nytimes.com |
MarketWatch First Take: World won t care, but too much on yen s shoulders (at MarketWatch) The world s central bankers and finance ministers won t shed too many tears, but a disproportionate burden is being put on the Japanese yen. us.rd.yahoo.com |
Currencies: Dollar drops to six-month low after Japan rate cut [at MarketWatch] - The Bank of Japan s unexpected move to cut rates boosts currency investors appetite for risk, with the dollar index falling to its lowest level since January. us.rd.yahoo.com |
Fed tipped to intervene as aussie nears parity with greenback Australia's dollar traded near parity with the US currency yesterday amid renewed speculation that the Federal Reserve is about to restart its policy of "quantitative easing".The aussie was poised for a nine-week advance versus... nzherald.co.nz |
F&P Healthcare profit buffeted by exchange rates Fisher & Paykel Healthcare is focusing on widening the range of currencies it trades in as an unfavourable exchange rate with the greenback puts profits under pressure.The Manukau-based, listed medical device manufacturer reported... nzherald.co.nz |