| NZ dollar rises as Oz dollar gains The New Zealand dollar nudged toward the US73c level today as the Australian dollar rose and equity markets firmed.The NZ dollar was at US72.82c at 5pm from US72.59c at 8am and US72.18c at 5pm on Friday. The Australian dollar... nzherald.co.nz |
Yen is not a one-way bet (at Financial Times) Further gains in the yen are not inevitable even if Japan does not intervene directly in the market to stem the rise in its currency, argues Mansoor Mohi-uddin, managing director of foreign exchange strategy at UBS UBS. us.rd.yahoo.com |
Man Group [at Financial Times] - The rally in the euro has frustrated hedge funds short the currency, but it is only one of many reasons why many managers have endured a 2010 hangover. As markets rebounded last year, hedge funds globally returned almost 20 per cent, the industry s best performance since 1999, says Hedge Fund Intelligence. us.rd.yahoo.com |
Currencies: Dollar edges lower against the euro The U.S. dollar declines against the euro but recovers after hitting a fresh 15-year low against the yen, as expectations that the Federal Reserve will introduce more monetary stimulus continue to dominate foreign exchange markets. us.rd.yahoo.com |
Mark Lister : Good growth the way to conquer inflation Nothing stands still in this world, especially the cost of living. Investment portfolios can't stand still either. They must generate an income that, over time, grows at a rate that at least matches inflation.This week saw the... nzherald.co.nz |