Euro extends gains vs dollar on Philly Fed data (at Reuters)
The euro extended gains against the dollar on Thursday, nearing $1.29 for the first time in two months after the Philadelphia Federal Reserve s business conditions index fell in July. 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 |
NZ dollar climbs as Australia holds rates steady
Events across the Tasman - a no-change in interest rates and an expected decision about the Australian government - pushed the New Zealand dollar higher in a late run against its Australian counterpart.However, the kiwi was steady... nzherald.co.nz |
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 |
F&P Healthcare profit buffeted by exchange rates
Fisher & Paykel Healthcare is focusing on widening the range of currencies it trades in as an unfavourable exchange rate with the greenback puts profits under pressure.The Manukau-based, listed medical device manufacturer reported... nzherald.co.nz |