| Euro, Pound Remains Bid Ahead of U.S. NFP's - ECB Sets Apart Exit Strategy and Interest Rate Policy (Daily FX) The euro pares losses from the previous day but failed to cross back above 1.4300 during the overnight session, and we may see the EUR/USD hold steady going into the U.S. trade as investors early await the release of U.S. us.rd.yahoo.com |
"Time to Move Past the Crisis," Says Barclays Wealth Monthly Strategy Update (Business Wire) LONDON & NEW YORK----Our Investment Themes: Move past the crisis Position for this economic recovery Seek diverse exposure to Asian economic growth We believe short-term interest rates will remain very low for a long time, but longer-term yields will likely start rising sooner us.rd.yahoo.com |
China cool to stronger yuan as IMF calls for rise (Reuters) China's Commerce Ministry on Monday rebuffed calls for the yuan to appreciate, signaling resistance to change in a controversial foreign exchange policy that loomed over U.S. President Barack Obama's first visit to the Asian giant. us.rd.yahoo.com |
Dollar rises to 2-month high on euro (CNNMoney.com) The U.S. dollar jumped to a two-month high against the euro Friday after surprisingly strong consumer data boosted expectations the Federal Reserve would raise interest rates sooner rather than later. us.rd.yahoo.com |
Bollard may hold to mid-year timing for OCR hike, start in April Reserve Bank Governor Alan Bollard will probably wait until at least April before raising interest rates, though officially he may stick to his hinting at a mid-year hike this week.Bollard will keep the official cash rate at 2.5... nzherald.co.nz |