| Dollar falls as US dollar gains The New Zealand dollar fell below US68c for the first time in a week today as the US dollar rose and equity markets weakened.By 5pm the NZ dollar was US67.92c, down from US68.68c at the same time yesterday.The currency had... nzherald.co.nz |
Euro fails to dominate in wake of crisis The financial crisis has had little effect either way on the international role of the euro and it is a long way from snapping at the heels of the US dollar's dominance.Despite the "flight to safety" towards the US dollar during... nzherald.co.nz |
Taiwan moves to slow international hot money (AP) Taiwan has banned foreign investors from placing money in certain bank accounts, the latest move by developing countries to slow an influx of international hot money created by massive government stimulus measures around the world. us.rd.yahoo.com |
Kiwi dollar down against stronger greenback The New Zealand dollar fell against the greenback, which strengthened broadly after data showed the United States lost far fewer jobs than expected last month, bolstering hopes the US economy is on a stable path to recovery.By... nzherald.co.nz |
Euro Breakdown May Be Followed by Week of Consolidation (Daily FX) Euro Breakdown May Be Followed by Week of Consolidation Fundamental Forecast for Euro: Neutral - The ECB said it would maintain swap operations with the SNB - German ZEW index indicates investors are more pessimistic on economic outlook, confident in current conditions - Increase in Euro-zone industrial orders suggests export demand continues to grow Now that EURUSD has broken below its 200 SMA – a key technical level for the pair – bearish potential has become even greater, especially when you consider the return of risk aversion. us.rd.yahoo.com |