| MONEY MARKETS-US money funds cling to $1-a-share principle (at Reuters) * Industry resists calls to abandon stable share practice * Proponents argue floating share price gauges risk better * Some see stable, floating share funds could co-exist us.rd.yahoo.com |
New Zealand Dollar Continues To Outperform, Australian Dollar Halts Advance (DailyFX) The New Zealand dollar remains the best performing currency against the greenback on Wednesday as it maintains the advance from earlier this week, while the Australian dollar halted the two-day advanced and slipped to a low of 0.8987 during the overnight trade. finance.yahoo.com |
Eurozone Econonmic Confidence Rises to the Highest Level Since January 2008 [DailyFX] - Economic confidence in the Eurozone topped expectations in September as figures rose its highest level since January 2008, while the broadest measure of money supply in the U.K. dropped 0.1 percent in August after rising 0.4 percent the month prior. finance.yahoo.com |
Gold prices dip as the U.S. dollar recovers Gold prices lapse, while the U.S. dollar strengthens us.rd.yahoo.com |
Wall Street Shares Rise; Dollar Weakens Again Investors reacted Monday to news that finance chiefs had agreed to avoid a currency war that could derail a recovery. us.rd.yahoo.com |