| Kiwi dollar falls sharply The New Zealand dollar fell sharply against major currencies early today, alongside tumbling share prices in the United States.By 8am the NZ dollar was buying US67.46c from US68.64c at 5pm yesterday. The kiwi got down to around... nzherald.co.nz |
Euro Firms Following Equities Lead, But is There Weakness Ahead? (Daily FX) The EUR/USD continues to see risk sentiment have the greatest influence on price action as movement in the DJIA is explaining 41% of overall direction. However, U.S. interest rate expectations are starting to increase in importance as they have become a weighing factor with a -0.24 correlation. us.rd.yahoo.com |
Obama unlikely to push China hard on currency (AP) In his visit to Beijing this week, President Barack Obama is expected to tread lightly when pressing China to let its currency rise against the dollar. us.rd.yahoo.com |
US Dollar / Japanese Yen Exchange Rate Forecast (Daily FX) US Dollar / Japanese Yen Monthly Technical Forecast us.rd.yahoo.com |
Pound Taking Its Cue From Equity Markets As BoE Likely To Remain On Hold (Daily FX) The Pound tumbled overnight following the disappointing fourth quarter GDP figures but has since turned positive, taking its cue from equity markets. Stocks were lower overnight on speculation that China would take further measures to curb lending and concerns over the fiscal health of Japan, the world’s second largest economy. us.rd.yahoo.com |