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18 Oct 2007: Greenspan: Inflation Bigger US Risk Than Dollar
Former Federal Reserve chairman Alan Greenspan said the dollar is trading at bearable levels, but a more dangerous problem for the U.S. is inflation, Czech newspaper Pravo reported Thursday, citing Greenspan from a video conference at a closed-door conference in Prague. ...
18 Oct 2007: New Zealand Fin Min: NZD Still Somewhat Overvalued Versus USD
New Zealand Finance Minister Michael Cullen said Thursday the New Zealand dollar remains "somewhat overvalued" against the U.S. dollar. ...
17 Oct 2007: Risk aversion reappears, equities weaken
NZD gets smacked by risk aversion. The NZD traded a fairly tight range during yesterday’s local session briefly dipping to around 0.7592 before finding support above 0.7600. ...
17 Oct 2007: USD, JPY Rebound
The major currencies pared their gains versus the dollar in the Tuesday session as the upcoming G7 Finance Minister’s meeting looms. Traders pushed the Aussie beneath the 0.90-level to 0.8825 and the sterling under the 2.03-mark. ...
15 Oct 2007: US: The consumer is not death, long live the consumer
Retail sales rose by 0.6% M/M and 5% Y/Y in September, following a 0.3% M/M and 3.8% Y/Y in August. Excluding the volatile cars, sales were up 0.4% M/M and 5.1% Y/Y, following a 0.4% M/M drop and a 3.8% Y/Y gain in August. ...