| New Zealand Dollar Rally Could Falter As Earnings Season Lies Ahead (DailyFX) New Zealand Dollar Rally Could Falter As Earnings Season Lies Ahead Fundamental Forecast for New Zealand Dollar: Neutral - New Zealand Dollar Outperforms, Yen Slumps as Risk Rebound Continues - US Dollar Sentiment Shift Early Sign of Potential Reversal - NZD/USD: Bulls Take the Reins, Reclaim 0.70 Figure The New Zealand Dollar pared the decline from June following a shift in market sentiment, and the high-yielding currency may continue to trend higher over the following week as investors raise their appetite for risk. finance.yahoo.com |
MONEY MARKETS-Dollar funding costs ease, CP market grows (at Reuters) * U.S. commercial paper market grows for second week - Fed * Dollar funding costs ease for seventh straight day * Three-month dollar Libor plumbs lows last seen May 21 us.rd.yahoo.com |
Currencies: Dollar falls further after home price data [at MarketWatch] - The U.S. dollar extended losses against the euro and pared a decline against the Japanese yen after data on U.S. home prices rose more than some analysts expected, lending support to U.S. stocks and reducing the demand for the relative safety of the greenback and yen. us.rd.yahoo.com |
Japan Acts to Weaken Yen Japan moved to weaken the yen to aid its economy, its first intervention in the currency markets since 2004. nytimes.com |
Foster's sets sights on the big spenders Foster's, Australia's largest brewer, says the high Australian dollar is continuing to hurt its wine exports, although prices for wine have stabilised in recent months.Foster's said yesterday that it was aiming to improve margins... nzherald.co.nz |