Dollar Whacked by Better Europe News, Worse US Data (at CNBC)
The dollar index was down more than 1 percent, and the dollar was falling against the euro, yen and sterling. Improving news out of Europe and a short squeeze are also combining to drive the euro more than a percent higher against the greenback, towards its highest levels since early May. us.rd.yahoo.com |
NZ dollar jumps against Aussie
The New Zealand dollar strengthened against the Australian currency, following the weekend's inconclusive election result across the Tasman then drifted back.The Australian dollar slid on political uncertainty after neither of... nzherald.co.nz |
Currencies: Dollar weaker; euro consolidates amid bank jitters
[at MarketWatch] - The U.S. dollar weakened versus most major rivals Wednesday as equities turned higher and the euro held its ground amid revived worries about Europe s banking sector. us.rd.yahoo.com |
Traders Continuing to Eye Dollar's Moves
Currencies still remain the topic of discussion this morning with the Dollar Index is down for the fourth straight day. It fell to its lowest levels since January vs. the Euro, fell to parity vs. the Australian Dollar, and dropped below 81 Yen-extending its 15-year lows. us.rd.yahoo.com |
Methven cuts guidance, earnings growth to stall
Methven, the tapware and bathroom supplies manufacturer, cut its full-year guidance, saying earnings growth will stall because the economic recovery is grinding slower than expected.The lack of profit growth contrasts with the... nzherald.co.nz |