| MONEY MARKETS-Stress tests have little impact (at Reuters) * Stress tests have little impact on U.S. short-term rates * Strong Ifo data improves sentiment in broader markets * Investors price higher lending rates into 2011 us.rd.yahoo.com |
CANADA FX DEBT-C$ up but off 13-week high, bonds gain (at Reuters) * C$ rises to 98.37 U.S. cents * Bonds gain in safety bid * Flaherty not worried about C$ rise, cites strong economy us.rd.yahoo.com |
NZ dollar extends decline on Bollard gloom The New Zealand dollar continued to weaken in the wake of the Reserve Bank's gloomy outlook on the economy, extending its decline against most major currencies overnight.Yesterday Reserve Bank Governor Alan Bollard held the official... nzherald.co.nz |
'Carry trade' less of a factor in NZ dollar market The impact of the so-called 'carry trade' on the value of the New Zealand dollar has diminished during and since the global financial crisis, according to an article in the latest Reserve Bank of New Zealand (RBNZ) Bulletin.Enzo... nzherald.co.nz |
Exporters feel the pain as NZ dollar keeps rising A strong New Zealand dollar is continuing to make life difficult for some New Zealand exporters selling their products in the United States, but a surging Australian currency is helping to offset the problem.Murray Fenton, managing... nzherald.co.nz |