Japan finance minister warns again on yen strength (at MarketWatch)
Japanese Finance Minister Yoshihiko Noda said Monday he is watching the foreign-exchange market as the U.S. dollar is marking multi-month lows against Japan s currency, according to reports. us.rd.yahoo.com |
FOREX-Yen rises broadly on global risk aversion (at Reuters)
* Yen rises broadly as Japan yet to make decisive comment * Officials decline to comment on currency intervention * Weak U.S. housing data weighs on dollar us.rd.yahoo.com |
Euro hits 8-month high vs dollar, yen slips
[AP] - The expectation that the Fed will move to help the weak U.S. economy continued to drag on the dollar Tuesday. The euro hit an 8-month high, the Swiss franc jumped to a record high and the dollar fell to its lowest point versus the yen since the Bank of Japan intervened in currency markets recently. finance.yahoo.com |
English expects high kiwi for year or more
Finance Minister Bill English expects a high New Zealand dollar to be a headwind for the economy for the next 12 to 18 months.Normally when New Zealand started coming out of a recession, the currency dropped against the United... nzherald.co.nz |
NZ dollar recovers after big retreat
The New Zealand dollar slowly recovered yesterday after it fell to its lowest level against the greenback in nearly four weeks overnight after a shelling exchange on the Korean peninsula added to the US currency's appeal as a safe... nzherald.co.nz |