| Euro pushes above $1.29 for first time in 2 months (AP) The euro moved above $1.29 for the first time in more than two months Thursday as the dollar was weighed down by renewed concerns about the U.S. economic outlook. finance.yahoo.com |
Dollar hovers below six month US high The New Zealand dollar eased a touch from its earlier six-month high against the greenback around US73.50c, in quiet trading after an upbeat session overnight.By 5pm, the kiwi was at US73.41c, compared with US72.74c late yesterday... nzherald.co.nz |
Portugal sells 1.04 billion euros in bonds [at MarketWatch] - The Portuguese government on Wednesday sold 661 million euros of three-year debt and 378 million euros of 10-year bonds, news reports said. The three-year debt saw an average yield of 4.086%, up from 3.597% in an auction of the same issue in June, Bloomberg reported. us.rd.yahoo.com |
GDP tipped to grow less than Bollard's forecast New Zealand's economy may have expanded less than the central bank forecast in the second quarter and is likely to undershoot in the third quarter, adding to evidence interest rates are on hold for now.Gross domestic product grew... nzherald.co.nz |
Euro will survive crisis: Merkel BERLIN - The EU will emerge strengthened from the current challengesThe 16-nation euro currency will survive the debt crisis, German Chancellor Angela Merkel vowed yesterday, and a senior central banker said the European Union would... nzherald.co.nz |