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NZ dollar climbs above 68 US cents

posted by megumi 730 days ago in NZD made popular 730 days ago

The New Zealand dollar climbed above 68 US cents for the first time in 10 days after China moved to calm rattled investors, saying it didn t have plans to withdraw its exposure to the Euro-zone.

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Consumer morale falls for third month in May

posted by krissylinne 730 days ago in GBP made popular 730 days ago

British consumer confidence fell for the third month in a row in May as people grew more fearful about the economic outlook and health of their own finances, a survey showed on Friday.

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Euro to Rally After Dropping Toward 108 Yen

posted by vhinz316 730 days ago in EUR, JPY made popular 730 days ago

The euro may reverse course after it falls toward 108 yen, the lowest level since November 2001, Bank of Tokyo-Mitsubishi UJF Ltd. said, citing trading patterns.

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Dollar and Euro Gain Against The Yen

posted by fahrell 730 days ago in USD, EUR made popular 730 days ago

The Euro and U.S. dollar gained against the Japanese Yen early Monday (see the charts below).

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Japan's Yen Rises Above War Jitters, Deflation

posted by camac 730 days ago in JPY, Trade made popular 730 days ago

Japan is again suffering from deflation. Prime Minister Yukio Hatoyama's ability to spur the economy is sharply constrained by record public debt exceeding 882.9 trillion yen ($9.78 trillion). It has the lowest interest rates of any developed nat

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U.S. Dollar could be Forming Major Top

posted by mateo 730 days ago in USD, Technical, Inflation made popular 730 days ago

The U.S. Dollar traded sharply lower on Thursday, giving the first indication in weeks that the event driven rally may be coming to an end. Pressure was on the Dollar all day led by the strong turnaround in the Euro. Additional pressure came from

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Oil prices rally

posted by neorix 730 days ago in USD, Oil made popular 730 days ago

Oil prices rallied for a second straight day on Thursday as investors set aside worries for now about the European debt crisis and focused on rising stock markets and improving economic data.

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USD Gains as Korea Tensions, Europe Debt Boost Refuge Demand

posted by morgan 734 days ago in USD, EUR made popular 734 days ago

The dollar rose against higher- yielding currencies as political tension on the Korean peninsula boosted demand for safer assets.

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Australian dollar lower

posted by jerome 734 days ago in AUD made popular 734 days ago

The Australian dollar was lower at noon as uncertainty over Europe raises concerns about a recovery in the global economy and lowers demand for commodities.

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AUD inches down as uncertainty reigns

posted by megumi 734 days ago in AUD made popular 734 days ago

The Australian dollar is trading lower as uncertainty over Europe raises concerns about a recovery in the global economy and lowers demand for commodities.

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Dollar rise to hit global US groups

posted by Binsonu 734 days ago in USD made popular 734 days ago

The greenback’s continued rise against the euro and other main currencies could take its toll on US-based multinationals’ earnings in spite of efforts to blunt the effects through hedging.

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Daily Economic Roundup - May 24, 2010

posted by Buruguduy 734 days ago in USD, Fundamental, Daily made popular 734 days ago

It looks like the dollar ended up on the losing side of the fence last Friday. Has the dollar's rally finally topped out? Or was this merely a much ne...

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