News

19 Oct 2007

USD fails to rebound ahead of G7 meeting

EU leaders ended a political stalemate that lasted more than two years by approving a new treaty of reforms, filling the void left after France and the Netherlands rejected the constitution in mid-2005. ...

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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. ...

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18 Oct 2007

Nikkei rose

Japan's benchmark Nikkei average rose 0.8 % on Thursday, climbing back above 17,000 after hitting a two-week low the previous day, powered by high tech shares such as Canon Inc after similar issues gained on Wall Street. ...

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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. ...

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17 Oct 2007

Risk aversion reappears, equities weaken

NZD gets smacked by risk aversion. ...

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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. ...

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