Forex Weekly Trading Forecast - 07.05.10 (DailyFX)
US Dollar Declines Despite S&P 500 Losses, Next Moves Key Euro Rally Defies Fundamentals, But Not for Long British Pound Rally Poised To Gather Pace Ahead of BoE Rate Decision Japanese Yen Trend Points to Slowdown in Gains Gold to Decline on Fading Inflation Outlook, Portfolio Adjustment Canadian Dollar May Find Bid on Strong Fundamentals Australian Dollar Looks to RBA, Employment Data for Direction New Zealand Dollar Stands as the Last Interest Rate Speculator finance.yahoo.com |
Interest rates tipped to rise despite CPI dip
Economists expect the Reserve Bank will raise interest rates further late this month, despite lower than expected inflation figures.Statistics New Zealand (SNZ) today said the consumer price index (CPI) rose 0.3 percent in the... nzherald.co.nz |
NZ dollar remains largely unchanged
The New Zealand dollar drifted in relatively narrow ranges against a backdrop of weak equity markets and worries about the global economy.Around 5pm the NZ dollar was at US70.31c, down from US70.69c at 8am and US70.65c at 5pm... nzherald.co.nz |
Euro and Yen Outlook
[TheStreet.com] - While the eurozone smolders, it s a different kettle of fish for the yen. finance.yahoo.com |
Currencies: Dollar regains ground but stays in recent ranges
The U.S. dollar edges higher against most of its currency rivals, set to recoup some of the losses suffered a day earlier, us.rd.yahoo.com |