Caution rules world markets overnight
Stocks in the US gave up earlier gains as investors were cautious before earnings season starts next week.Analyst Meredith Whitney cut earnings estimates for Goldman Sachs and Morgan Stanley.In late trading, the Dow Jones... nzherald.co.nz |
NZ dollar pushes higher against major currencies
The New Zealand dollar pushed higher against the greenback, euro and yen, as commodity currencies led by the Australian dollar staged a rebound.Around 8am the kiwi was buying US71.58c, up from US71.16c at 5.30pm yesterday.Traders... nzherald.co.nz |
Australian dollar rises 2 percent to session high
[at Reuters] - The Australian dollar rallied 2 percent against the U.S. dollar on Wednesday after upbeat economic data around the world lifted risk appetite. us.rd.yahoo.com |
Dollar falls on OCR news
The New Zealand dollar fell almost half a US cent after the Reserve Bank left the official cash rate unchanged at 3 per cent and said further rate hikes would be more moderate than previously flagged as Canterbury's earthquake undermines... nzherald.co.nz |
Stocks Rise, Led by Materials; Dollar Slides
Stocks remained higher Monday as the weak dollar boosted materials, but financials slumped following the continued fallout of the foreclosure crisis, tempering overall market gains. us.rd.yahoo.com |