US Dollar, Japanese Yen - Why the Low-Yielders' Rally May Not Be Over Yet (Daily FX)
The US dollar and Japanese yen were the weakest of the majors, giving up most of their gains from Monday, as FX carry trades and equities bounced, with the S&P 500 closing up 1 percent at 989.67. us.rd.yahoo.com |
NZDUSD Channel Reversal Depends on Risk Trends, NFPs (Daily FX)
Viable range setups are growing scarcer in the currency market. A slow and questionable turn in risk trends over the past few weeks has left many pairs threatening meaningful reversals; yet they are still just off the extreme of impressive, six month rallies that could easily be revived. us.rd.yahoo.com |
China oil giant PetroChina says profit down 23 pct (AP)
PetroChina Ltd., Asia's biggest oil producer, said Thursday its third-quarter profit plunged 23.4 percent from a year earlier as it suffered a double blow from lower crude prices and weak demand. us.rd.yahoo.com |
US Dollar Finds an Impressive Rally Independent of Risk Trends (Daily FX)
• Euro Looks at a Dense Calendar of Market Moving Indicators Next Week • Australian Dollar: How Much Premium Does the Aussie Economy Deserve? • Japanese Yen may be the Top Mover Early Next Week on Tankan Report • British Pound: Inflation Complicating the BoE’s Easy Monetary Policy Stance us.rd.yahoo.com |
NZ dollar rises as greenback slumps
The New Zealand dollar rose above US74c yesterday as the aussie soared on strong economic data and the United States dollar weakened on poor economic data.The kiwi was buying US74.02c by 5pm from US73.72c at 8am and US73.11c at... nzherald.co.nz |