Brian Fallow: Bank searches for lighter hammer
The Reserve Bank's No 1 strategic priority is to "investigate the potential for macro-prudential policy tools for New Zealand".Deputy Governor Grant Spencer says a number of smaller open economies are looking for, or already using,... nzherald.co.nz |
Yen Appreciation Becoming Less Attractive and Less Sensible; Looking to Fade (DailyFX)
Indeed, the big story overnight has been the renewed buying of Yen to fresh multi-year highs against the US Dollar and Euro. finance.yahoo.com |
NZ dollar continues to climb
The New Zealand dollar continued to climb overnight, ending the week on a stronger note than the start.By 8am today the NZ dollar was buying 71.44c from US71.28c at 5pm yesterday, after reaching a high of nearly US71.80c overnight.The... nzherald.co.nz |
Currency Trading Gets Easierbut Stays Risky
Currency Trading Is Easier, Still Risky More investors are jumping into the risky currency markets in a search for higher-yielding alternatives to stocks and bonds. Here's what you need to know. us.rd.yahoo.com |
South Korea’s Problems With Fed’s Monetary Easing
The Federal Reserve’s decision to pump $600 billion into the American economy has put South Korean government officials in a difficult spot. nytimes.com |