| Bollard lifts OCR, future hikes likely to be less The Reserve Bank has lifted the official cash rate from 2.75 to 3 per cent this morning. The move, though widely expected, is a sign that the economy is still growing enough for bank Governor Alan Bollard to keep winding back... nzherald.co.nz |
NZ dollar drifts lower The New Zealand dollar was weak today as investors ditched all manner of risky assets, including higher-yielding currencies and stocks, but it finished off session lows.By 5pm today the NZ dollar was buying US71.27c, down from... nzherald.co.nz |
Dollar falls to 5-month low against euro [AP] - The dollar fell to a 5-month low against the euro on Friday and lost ground against other major currencies as traders looked for investments that could get them better returns. finance.yahoo.com |
Dollar eases after rising toward US75c The New Zealand dollar spent most of today regrouping at slightly lower levels after rising to within a whisker of US75c as a surprise easing by the Bank of Japan rekindled risk appetite and prompted buying of currencies and assets... nzherald.co.nz |
Mexico peso gains 1.08 pct as dollar falls broadly Mexico's peso strengthened 1.08 percent against the U.S. dollar on Wednesday after falling sharply on Tuesday. Sustained expectations of further U.S. monetary easing put an end to a round of risk aversion for emerging market assets. us.rd.yahoo.com |