| High dollar eats into commodity gains Commodity prices have lifted for the sixth consecutive month but the gains were gobbled up by the strong New Zealand dollar.The ANZ Commodity Price Index, which measures a basket of products in the most relevant currency, rose... nzherald.co.nz |
Dollar nudges US75c, ease back The New Zealand dollar pushed right up against the US75c figure today on ongoing demand for high yielding currencies then eased back.A pattern evident this week of the NZ dollar rising in its domestic session after slipping overnight... nzherald.co.nz |
Euro-Zone Inflation Continues To Decline Leaving ECB on Hold (Daily FX) Euro-Zone consumer prices in October fell for a fifth straight month by 0.1% but the pace of the decline slowed from -0.3% the month prior. Energy costs down 0.8% from a year ago was the main driver for the disinflation, but the core reading slipping to 1.1% from 1.2% signals broader weakness. us.rd.yahoo.com |
NZD/USD Classical (Daily FX) NZD/USD: We have seen a notable shift in the trend over the past several weeks, with the market stalling out by 0.7635 back in October and reversing to put in a series of consecutive lower tops and lower lows since. us.rd.yahoo.com |
Brian Fallow : How's the economy? Depends who you ask Whether it is Alan Bollard setting the official cash rate rate or businesspeople contemplating investment, decision-makers face the problem that two plausible, but very different, stories can be told about the economic outlook.The... nzherald.co.nz |