British Pound Maintains Narrow Range, Euro Halts Three-Day Rally Following ECB Comments (DailyFX)
The British Pound maintained the narrow range from earlier this week and pared the previous day’s decline to a reach a high of 1.5204 during the European trade, and the exchange rate may continue to trend sideways over the near-term as investors weigh the prospects for future policy. finance.yahoo.com |
Euro back up to $1.2859 (AP)
The euro has regained more of the ground it lost last week against the dollar when worries intensified about slowing global economic growth. finance.yahoo.com |
NZ dollar falls with SCF bail-out
The New Zealand dollar lost about a cent in the last 24 hours after business confidence weakened and the government bailed out significant lender South Canterbury Finance (SCF).Yesterday afternoon's National Bank Business Outlook... nzherald.co.nz |
Bernard Hickey: Key grasps the China problem
John Key seemed to capture the mood a few months ago when he mused about risk of New Zealanders becoming "tenants in their own land".That followed the debate around the Chinese-funded bid for Crafar Farms and prompted the Government's... nzherald.co.nz |
Australian Dollar Traders Fully Vested in Rate Speculation, Risk Trends
Australian Dollar Traders Fully Vested in Rate Speculation, Risk Trends Fundamental Outlook for Australian Dollar: Bearish RBA minutes revive interest rate speculation after authority says decision to hold was ‘finely balanced’ Calling a top on AUDUSD is dangerous; but technical momentum is certainly overstretched The Australian dollar is still entrenched in its impressive bull trend; but we have seen the unyielding currency ease off the gas over the past week. finance.yahoo.com |