NZ dollar holds near US72c
The New Zealand dollar held near US72c today after China reported its economy expanded 10.3 per cent in the second quarter over a year earlier.This is down from the first quarter's explosive 11.9 per cent expansion, but dealers... nzherald.co.nz |
Crude oil, gold drop as dollar rises on safe-haven (at MarketWatch)
Crude oil and gold futures fell further on Tuesday, as concerns over global growth shook markets, lifting demand for the dollar as a safe haven. A report on U.S. existing-home sales for July will be released at 10 a.m. us.rd.yahoo.com |
Dollar consolidates against greenback
The New Zealand dollar was firm today ahead of the United States payrolls report.The local currency galloped higher this week when strong economic data offshore and a better than expected Fonterra online milk powder auction outweighed... nzherald.co.nz |
Forex Weekly Trading Forecast - 10.18.10
US Dollar on the Verge of Reversal and in Need of a Catalyst Euro’s Late Reversal May be Start of Larger Correction Against Dollar Japanese Yen Threatened as Fed QE Hopes Stoke Risk Appetite British Pound Awaits Bank of England Minutes For Direction Canadian Dollar may Lose its High Yield Appeal after a BoC Hold Australian Dollar Rally May Falter On Comments From RBA, G20 New Zealand Dollar at Risk for Large Correction Versus US Dollar Gold May Lose Luster As Markets Question Scope of Fed Actions finance.yahoo.com |
New York Fed President Defends Bond Buying Plan
In a rare on-the-record interview, the president of the Federal Reserve Bank of New York said the Fed’s program was not intended to affect the dollar’s value. nytimes.com |