| Wave of optimism on markets pushes NZ dollar above US68c The latest upswing in see-sawing global sentiment has forced the New Zealand dollar higher again as investors, heartened by equity market gains, sold down the greenback in favour of risk currencies.The kiwi was at US68.48c by... nzherald.co.nz |
European rates set to stay at record lows (AP) Europe's two leading central banks are expected to keep interest rates unchanged Thursday and damp down any talk that borrowing costs will soon rise in the wake of a surprise rate hike by Australia's central bank to lift rates. us.rd.yahoo.com |
Oil falls below $80; demand outlook uncertain (Reuters) Oil fell to below $80 a barrel on Thursday, as doubts about the pace of economic recovery dented optimism toward a rebound in fuel demand. us.rd.yahoo.com |
Australian Dollar to Decline as Rate Hike Outlook Fades (Daily FX) Australian Dollar to Decline as Rate Hike Outlook Fades Fundamental Forecast for Australian Dollar: Bearish - Australian Dollar Drops as Disappointing GDP Weighs on Rates Outlook - Meeting Minutes Show RBA May Pause Interest Rate Hikes in February The Australian Dollar may continue to decline as the seemingly resilient economy betrays signs of weakness and the central bank’s rhetoric turns limp, hinting that interest rate hikes may be off the table for the months ahead. us.rd.yahoo.com |
USD/CAD: Trading the Bank of Canada Interest Rate Decision (Daily FX) The Canadian dollar is likely to face increased volatility over the next 24 hours of trading as the Bank of Canada is schedule to announce its interest rate decision on Tuesday at 14:00 GMT, and comments following the meeting is likely to move the markets as investors weigh the outlook for future policy. us.rd.yahoo.com |