Kiwi falls as US data fuels double-dip fears
The New Zealand dollar fell back below 69 US cents after weak labour data stoked fears the global economy is heading for a double-dip recession.Some 125,000 jobs were shed from the US economy last month as temporary employment... nzherald.co.nz |
EMERGING MARKETS-Colombia, Chile peso dip on intervention talk (at Reuters)
* Chilean peso hits five-month high after rate hike * Colombian peso hurt by intervention talk * Rise in early August U.S. consumer confidence supports us.rd.yahoo.com |
Dollar rises vs yen on report Kan to speak on yen (at Reuters)
The dollar edged up against the yen on Friday after Kyodo news agency reported Japanese Prime Minister Naoto Kan will hold a news conference on the government s steps to cope with the yen s strength later in the day. us.rd.yahoo.com |
Central Bank Watch: Forex Markets Watch Fed, Bank of Japan, ECB’s Next Moves
Announcements from the US Federal Reserve, European Central Bank, and Bank of Japan have led to substantial volatility across forex markets. Rhetoric from the US Fed has been particularly market-moving, as the US Dollar fell sharply on suggestions that the Fed would renew efforts at Quantitative Easing. finance.yahoo.com |
Brian Fallow: Parties poles apart on currency control
Exchange rate intervention has joined the growing list of economic policy differences between the Government and the Labour Opposition.In 2004 when the Reserve Bank sought, and was given, a wider mandate to intervene in the foreign... nzherald.co.nz |