| High dollar eats into commodity gains Commodity prices have lifted for the sixth consecutive month but the gains were gobbled up by the strong New Zealand dollar.The ANZ Commodity Price Index, which measures a basket of products in the most relevant currency, rose... nzherald.co.nz |
Kiwi dollar slips against greenback The New Zealand dollar slipped against the greenback after encouraging data in the United States prompted some profit-taking on the US currency's recent slide.By 8am the NZ dollar was buying US74.30c from US74.63c at 5pm, falling... nzherald.co.nz |
Euro-Zone Inflation Continues To Decline Leaving ECB on Hold (Daily FX) Euro-Zone consumer prices in October fell for a fifth straight month by 0.1% but the pace of the decline slowed from -0.3% the month prior. Energy costs down 0.8% from a year ago was the main driver for the disinflation, but the core reading slipping to 1.1% from 1.2% signals broader weakness. us.rd.yahoo.com |
GBP/USD Classical (Daily FX) GBP/USD: The market has now easily cleared support by the 200-Day SMA and psychological barriers by 1.6000 to open the next downside extension towards key medium-term support at 1.5700. us.rd.yahoo.com |
Brian Fallow : How's the economy? Depends who you ask Whether it is Alan Bollard setting the official cash rate rate or businesspeople contemplating investment, decision-makers face the problem that two plausible, but very different, stories can be told about the economic outlook.The... nzherald.co.nz |