| Kiwi dollar races up overnight The New Zealand dollar raced to a week-high, peaking around US68.65c early Saturday as global sentiment improved.By 8am today the kiwi was buying US68.35c, from US67.17c at 5pm on Friday.BNZ Capital senior strategist Danica... nzherald.co.nz |
Euro, British Pound Little Changed Ahead of ECB and BOE Interest Rate Decision (Daily FX) The euro slipped to a low of 1.4683 during the Asian trade but retraced the overnight decline after finding intraday support ahead of the 20-Day moving average, and the rise in market sentiment may drive the exchange rate higher going into the U.S. trade as investors increase their appetite for higher-yielding assets. us.rd.yahoo.com |
ECB takes first step towards exit, more due in Dec (Reuters) The European Central Bank took its first step toward unwinding its extraordinary support measures for the euro zone economy on Thursday by signaling one-year loans to banks will not be repeated next year. us.rd.yahoo.com |
British Pound Breaks Out Ahead of BoE Minutes, Final 3Q GDP Report (Daily FX) British Pound Breaks Out Ahead of BoE Minutes, Final 3Q GDP Report Fundamental Forecast for British Pound: Neutral - Retail Spending Contracts in November - U.K. Labor Conditions Unexpectedly Improve - Public Sector Borrowing Rises at Record Pace - U.K. us.rd.yahoo.com |
Currency Crosses: Technical Outlook (Daily FX) Continue to favor the downside in the Euro crosses. The Yen has strengthened; whether or not the decline is corrective or the beginning of a more important reversal is unclear. us.rd.yahoo.com |