| NZ dollar falls after OCR hiked The New Zealand dollar fell sharply on a day the Reserve Bank of New Zealand (RBNZ) hiked the official cash rate (OCR) by 25 basis points to 3 per cent.This is the opposite to what usually happens but investors opted to take more... nzherald.co.nz |
Currencies: Dollar gains; euro s rebound fades as yen slips (at MarketWatch) The dollar trades broadly higher, a day after fears of a global slowdown sparked a rush out of equities and other riskier assets and into the safe havens of the greenback and the Japanese yen. us.rd.yahoo.com |
US stocks waver as traders move into Treasurys, gold NEW YORK - Traders put their September stock rally on hold and moved into Treasurys and gold overnight, a day after the Federal Reserve said it was ready to take more action to boost the economy.The Dow Jones industrial average... nzherald.co.nz |
Strength in emerging economies raises world trade fears China and other emerging nations are lifting the global economy, but their strength threatens to come at the expense of the United States and Europe.The emerging countries are benefiting from low-priced exports fuelled by artificially... nzherald.co.nz |
Estonia hopes for a boost from troubled euro Why would a small country with little debt want to give up its currency for the euro, buffeted by a debt crisis and a looming currency war? finance.yahoo.com |