| Dollar tracks sideways overnight The New Zealand dollar performed poorly overnight, tracking largely sideways against a softer greenback.By 8am the kiwi was buying US67.27c, down from US67.54c at 5pm yesterday. At one point the NZ dollar dropped near US66.80c,... nzherald.co.nz |
ECB: Euro economy stimulus should end in 2011 (AP) The head of the European Central Bank said Thursday that the 16 countries that use the euro should withdraw stimulus programs and start repaying mounting public debt by 2011 at the latest. us.rd.yahoo.com |
Euro-Zone Consumer Prices Weaken For Fifth Month in October (Daily FX) The Euro-Zone Consumer Price Index slid 0.1% in October from a year earlier after tumbling 0.3% in the previous month as household’s scaled back on spending amid rising unemployment, while price pressures increased 0.2% during the month, led by a 0.3% rise in energy costs. us.rd.yahoo.com |
Swiss Franc Outlook Remains Bearish as Exchange Rates Break Range (Daily FX) Swiss Franc Outlook Remains Bearish as Exchange Rates Break Range Fundamental Forecast for Swiss Franc: Bearish - Swiss National Bank Maintains Rate at 0.25%, Concludes Corporate Bond Purchases - Unemployment Rate Holds Steady at Five-Year High - Swiss Franc Monthly Forecast The Swiss franc strengthened earlier this week as the Swiss National Bank announced it will conclude its corporate-bond purchase plan ahead of the following year, but ended the week lower against the U.S. dollar and the euro, with the exchange rates rising to a fresh monthly high of 1.0364 and 1.51440, respectively. us.rd.yahoo.com |
NZ dollar in small rebound After last week's poor performance, the New Zealand dollar rebounded slightly overnight amid rumours from the United States of the upcoming reappointment of Fed chairman Ben Bernanke and suggestion of new stimulus measures.Risk... nzherald.co.nz |