| Kiwi dollar falls against greenback After another unsuccessful run at the US69c level overnight, the New Zealand dollar fell around a cent as the greenback strengthened broadly.By 8am the NZ dollar was down to US68.08c, having peaked 12 hours earlier at US68.94c... nzherald.co.nz |
Aust dollar closes lower SYDNEY - The Australian dollar closed lower after investors failed to resurrect it from overnight lows despite rising risk sentiment throughout the trading day.At 1700 AEST, the local currency was trading at US$0.8691/95, down... nzherald.co.nz |
China to guide yuan with eye on major currencies (Reuters) China said on Wednesday it will consider major currencies in guiding the yuan, suggesting a departure from an effective dollar peg that has been in place since the middle of last year. us.rd.yahoo.com |
Reserve Bank likely to keep OCR steady The Reserve Bank is expected to leave both its official cash rate and its message unchanged when it delivers its monetary policy statement on Thursday.The OCR has been at an historic low of 2.5 per cent since last April and the... nzherald.co.nz |
Sell off in ‘Risk’ Just Beginning (Daily FX) Positioning for the commodity currencies warns of big declines and a big rally in the Yen. us.rd.yahoo.com |