Kiwi drops from high
The New Zealand dollar drifted slightly lower against the greenback yesterday after reaching its highest level in over a week at the weekend. The kiwi was at US70.88c at 5pm yesterday, down from US71.08c at 8am and US71c on Friday.... nzherald.co.nz |
Surge in eurozone mortgage lending (at Financial Times)
Eurozone mortgage borrowing surged last month to the highest level in almost two years in a sign that bank lending across the 16-country region may be flickering back to life. us.rd.yahoo.com |
Currencies: Dollar weaker before Fed s Beige Book
[at MarketWatch] - The U.S. dollar weakened versus most major rivals on Wednesday on better news out of Canada, U.K. and U.S. stocks heading higher. us.rd.yahoo.com |
U.S. dollar weakens ahead of FOMC
[at MarketWatch] - The dollar comes under selling pressure ahead of the Federal Reserve’s interest-rate decision, while the euro finds modest support as Ireland’s closely watched debt auction meets with solid demand. us.rd.yahoo.com |
NZIER waves shroud on Christmas season
A double dip recession remains possible for New Zealand, with a recent slump in house sales indicating a tough Christmas for businesses and households, says the New Zealand Institute of Economic Research in its latest quarterly forecasts.A... nzherald.co.nz |