Treasurys gain, dollar falls after Philly Fed (at MarketWatch)
Treasury prices stayed higher and the dollar continued its decline on Thursday after the Philadelphia Federal Reserve said its index of manufacturing in the region unexpectedly fell to 5.1 in July from 8.0 in June. us.rd.yahoo.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 |
NZ dollar climbs as Australia holds rates steady
Events across the Tasman - a no-change in interest rates and an expected decision about the Australian government - pushed the New Zealand dollar higher in a late run against its Australian counterpart.However, the kiwi was steady... nzherald.co.nz |
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 |
Ireland's rating slips two points
Ireland's debt rating was lowered two steps by Standard & Poor's yesterday, with a negative outlook, as the nation's bailout of its banking system is set to escalate the Government's borrowing needs."The Irish Government looks... nzherald.co.nz |