| Kiwi dollar bumps US69c The New Zealand dollar once again bumped up against the US69c level and was rebuffed.For the third time this week the kiwi was briefly above US68.90c but was unable to push on to top US69c, a level untouched since last September.The... nzherald.co.nz |
Dollar Outlook: Kiwi may struggle to push higher this week The New Zealand dollar may struggle to push higher from a 14-month high this week as speculation grows for more aggressive rate hikes in Australia and after Federal Reserve chairman Ben Bernanke said US monetary conditions would be... nzherald.co.nz |
Taiwan moves to slow international hot money (AP) Taiwan has banned foreign investors from placing money in certain bank accounts, the latest move by developing countries to slow an influx of international hot money created by massive government stimulus measures around the world. us.rd.yahoo.com |
US Consumer Confidence Revised Lower, But Still Reflects Improvement from October (Daily FX) USDJPY and US equities fell following the release of the University of Michigan's consumer confidence index, which was revised slightly lower for the month of December to 72.5 from 73.4, suggesting that sentiment on the current economic situation and the outlook is not as strong as previously thought. us.rd.yahoo.com |
Euro Breakdown May Be Followed by Week of Consolidation (Daily FX) Euro Breakdown May Be Followed by Week of Consolidation Fundamental Forecast for Euro: Neutral - The ECB said it would maintain swap operations with the SNB - German ZEW index indicates investors are more pessimistic on economic outlook, confident in current conditions - Increase in Euro-zone industrial orders suggests export demand continues to grow Now that EURUSD has broken below its 200 SMA – a key technical level for the pair – bearish potential has become even greater, especially when you consider the return of risk aversion. us.rd.yahoo.com |