| British Pound Outperforms, New Zealand Dollar Lags Behind (DailyFX) The British Pound continued to outperform against its major currency counterparts and is the best performing currency against the greenback on Monday, while the New Zealand dollar pared Friday’s advanced and slipped to a low of 0.7276 as investors scaled back their appetite for risk. finance.yahoo.com |
Fonterra sets new export record Fonterra says it has set a new export record, sending 2.1 million tonnes of product to international markets for the first time in its nine-year history.Fonterra chief executive Andrew Ferrier said consistent demand across the... nzherald.co.nz |
Dollar Firms; Euro Is Hardest Hit Currency [at TheStreet.com] - The U.S. dollar is enjoying a firmer tone Monday, but has remained confined to its pre-weekend trading ranges. us.rd.yahoo.com |
Euro turns negative versus US dollar The euro turned negative against the U.S. dollar on Friday, erasing early gains sparked by comments from Federal Reserve Chairman Ben Bernanke. us.rd.yahoo.com |
Reserve Bank boss defends rate rises The boss of the Reserve Bank of Australia has stood by the actions of the major banks during this month's latest round of mortgage rate increases, saying banking is not like a normal business.Central bank Governor Glenn Stevens... nzherald.co.nz |