| NZ dollar braced against offshore market volatility The New Zealand dollar traded sideways today in a market braced for further negative developments in international markets.The NZ dollar fell to a two-week low against the greenback a little above US69c on Tuesday night and by... nzherald.co.nz |
Forint slides after EU, IMF suspend Hungary talks (AP) Hungary s currency slid against the euro on Monday after the European Union and the International Monetary Fund broke off talks on the country s bailout package, demanding bigger spending cuts. finance.yahoo.com |
Forex & Commodities: Economic Fears Weigh on Dollar, Yen Slips (at CNBC) Weak U.S. durable goods and new home sales data overnight added to worries that the world s largest economy may be headed for another downturn. us.rd.yahoo.com |
Wall St up on good US jobs news Equities in the US gained as a larger-than-expected fall in jobless claims helped underpin a positive outlook for the economic recovery.US initial jobless claims declined by 27,000 to 451,000 last week, Labor Department figures... nzherald.co.nz |
Summary Box: Dow jumps 129 as dollar falls DOW GAINS 129: The Dow Jones Industrial average gained 129 Wednesday, or 1.2 percent, which erased most of a big-sell off the day before. finance.yahoo.com |