| Kiwi hitches lift on rising Aussie dollar The New Zealand dollar held onto gains this afternoon after the Reserve Bank of Australia left interest rates on hold, as expected, across the Tasman.The RBA is not expected to raise rates again in a hurry, although it may move... nzherald.co.nz |
Brazil forex inflows total $2.362 bln to Aug. 13 (at Reuters) Brazil s central bank said on Wednesday that U.S. dollar inflows to the country totaled $2.362 billion in the month through Aug. 13. us.rd.yahoo.com |
EU proposes tougher budget rules [AP] - The European Commission on Wednesday proposed slapping new penalties on countries that let their budgets spiral out of control, hoping to prevent another crisis like the one that pushed Greece to near-bankruptcy and raised fears about the euro currency itself. finance.yahoo.com |
EUR/USD Becomes Scalping Target Ahead of FOMC Minutes The EUR/USD has seen its month long rally slow as speculation grows that the FOMC may not be on the door step of added stimulus. The Fed announcing that it stands ready to do whatever it takes to ensure that growth continues and deflationary pressures remain at bay, sparked broad based greenback weakness- driving the pair higher. finance.yahoo.com |
Stocks Rise, Led by Materials; Dollar Slides Stocks remained higher Monday as the weak dollar boosted materials, but financials slumped following the continued fallout of the foreclosure crisis, tempering overall market gains. us.rd.yahoo.com |