| Dollar's upward climb 'limited' Currency analysts are not expecting the New Zealand dollar to climb much higher than the six-month peak - close to US74c - it reached against the greenback late on Tuesday night.After hitting its high, it fell back to sit at US72.92c... nzherald.co.nz |
Greece's spending crackdown on track ATHENS - Greece's bid to cut its bloated budget deficit is on track with overspending down by nearly 40 per cent in the first seven months, the Finance Ministry said yesterday.The ministry said preliminary data showed that while... nzherald.co.nz |
New Zealand Dollar Sinks as Q2 GDP Falls Short of Expectations [DailyFX] - The New Zealand Dollar tumbled against all of its major counterparts after second-quarter Gross Domestic Product figures proved disappointing, showing output added 0.2 percent in the three months through June amid expectations for a 0.7 percent increase. finance.yahoo.com |
Dollar turns up ahead of U.S. payrolls report The dollar turned higher in midday trading on Thursday, recovering from an eight-month low against the euro, as traders adjusted positions ahead of Friday's U.S. employment report. "The market is now trying to square up ahead of tomorrow's nonfarm payrolls," said Dean Popplewell, chief currency strategist at Oanda. us.rd.yahoo.com |
Devaluing strong Aussie dollar 'disastrous' idea, says Swan CANBERRA - Federal Treasurer Wayne Swan says the stronger Australian dollar should be left unchecked.The currency reached parity with the US dollar late on Friday night, a level not seen since the unit was floated in 1983.Some... nzherald.co.nz |