| US Dollar Faces Another Plunge, How Will Fundamentals Shape Things? (Daily FX) The US dollar ended this past week in a precarious position. After four consecutive days of selling pressure , the greenback once again finds itself within arm?s reach of its yearly lows. us.rd.yahoo.com |
Russia set to push G-20 agenda -- but not so hard (AP) Russia will press for more follow-through on existing measures to confront the global recession and for changes in Western-dominated international financial institutions at next week's summit of rich and developing countries, a top aide to President Dmitry Medvedev said Thursday. us.rd.yahoo.com |
Kiwi dollar tumbles as US confidence slides The New Zealand dollar has tumbled amid renewed concerns the global recovery may take longer than previously thought after stocks on Wall Street sank and US data raised question marks about the strength of the world's largest economy.The... nzherald.co.nz |
NZD Remains Bid on Tuesday, JPY Falters on Speculation for Intervention (Daily FX) The New Zealand dollar rallied against the greenback for the second-day and is the best performing currency on Tuesday as the exchange rate jumped to a high of 0.7291 during the European trade, while the Japanese yen halted the two-day rally as investors speculate the Bank of Japan to intervene in the foreign exchange market. us.rd.yahoo.com |
New Zealand Dollar Finally Turns to its Own Rate Forecasts (Daily FX) New Zealand Dollar Finally Turns to its Own Rate Forecasts Fundamental Forecast for New Zealand Dollar: Bearish - Investor sentiment edges out another weekly advance, but conviction is still notably lacking - NZDUSD takes a break from its steady advance. us.rd.yahoo.com |