| NZ dollar falls on US recovery fears The New Zealand dollar extended its decline to a three-week low as concern America's economic recovery is waning sapped investors' appetite for riskier, or higher-yielding, assets, and pushed stocks on Wall Street lower.The Standard... nzherald.co.nz |
Forex Trading Strategy Analysis: Trade with Market Conditions (DailyFX) US Dollar volatility against the Euro and other major currency pairs has made foreign currency trading more popular than ever, but the influx of new traders has often been met with the loss of old as many traders do poorly amidst volatile markets. finance.yahoo.com |
Oil prices top $73 a barrel as dollar weakens (at MarketWatch) Oil prices rise as U.S. stock futures are near neutral and the U.S. dollar weakens. us.rd.yahoo.com |
Earthquake means no OCR hike till 2011, says economist Last Saturday's Christchurch earthquake means the Reserve Bank is now unlikely to raise the Official Cash Rate (OCR) again until next year, ASB economists say.ASB had been picking the Reserve Bank to sit tight both next Thursday,... nzherald.co.nz |
Market rebounds as dollar falls; Dow up 129 A decline in the dollar helped fuel a market rebound on Wednesday that nearly erased a big-sell off the day before brought on by fears of a slowdown in China. finance.yahoo.com |