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 |
Inflation heads to 10-year low
Inflation is expected to be down close to the bottom of the Reserve Bank's target band when the consumers price index is issued on Thursday.The median forecast of September quarter CPI among 11 market economists surveyed by Bloomberg... 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 |
Wall Street higher on jobless claims, durable goods data (Reuters)
Stocks rose in a shortened preholiday session on Thursday after data showing a drop in initial jobless claims and growth in durable goods orders suggested an economic recovery was gathering steam. us.rd.yahoo.com |
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 |