Fed Bullard has also come out on a separate matter that could help to bolster
the USD after saying that the discount rate could go up in the near future as
the Fed prepares its exit from liquidity programs. Nobel Prize economist
Stiglitz is generating some attention on the Greek crisis after
At 7am AEDT, the dollar was trading at $US0.8667/71, up from yesterday's close
of $US0.8664/66. From 5pm AEDT yesterday, the local unit traded between
$US0.8644 and $US0.8710. "Event-wise, nothing happened (overnight)," Westpac
New Zealand senior market strategist, Imre Speizer,
The Australian dollar opened slightly higher this morning as currencies remain
in narrow ranges in subdued trade. At 7am, the Australian dollar was trading at
86.67 US cents, up from yesterday's close of 86.64 US cents. It was also buying
77.43 yen, 63.36 euro cents and 55.48 pence. From
AAP The Australian dollar opened slightly higher on Tuesday as currencies
remain in narrow ranges in subdued trade. At 0700 AEDT, the Australian dollar
was trading at $US0.8667/71, up from Monday's close of $US0.8664/66. From 1700
AEDT on Monday, the local unit traded between
* Kiwi NZD=D4 around $0.6850 compared to $0.6872/80 in late local trade on
Monday, and a five-month low of $0.6807 struck in Friday's offshore trade. *
Kiwi shuffles lower as Wall St turns negative in late trade, as concerns about
the impact of the euro zone 's debt concerns on the banking
* Kiwi NZD=D4 eases to $0.6863/73 from opening level around $0.6890/00, but off
$0.6807 struck in Friday's offshore trade, its lowest since Sept. 4. *
High-yielding currencies like the kiwi are under pressure as concerns over the
fiscal health of the euro zone dominate currency
* Kiwi NZD=D4 about $0.6890/00, little changed from late Friday levels and
comfortably away from a five month low of $0.6807 struck in Friday's offshore
trade. * High-yielding currencies like the kiwi were pressured as concerns over
the fiscal health of the euro zone dominate currency
Fundamental Forecast for New Zealand Dollar: Bearish - The
unexpected jump in the jobless rate to a 10-year high could postpone the RBNZ’s
efforts to raise rates - How much resistance will a
meaningful NZDUSD bear trend encounter? Like most other currencies in
* Euro zone fiscal woes hit growth-sensitive currencies * 10-year yield falls 3
bps WELLINGTON, Feb 5 ( Reuters ) - The New Zealand dollar was steady above a
five-month low on Friday as it regained some lost ground after mounting
concerns over the euro zone 's fiscal health put
* Kiwi NZD=D4 hovers in a tight range around $0.6870/80 having touched a
five-month low of $0.6844 in the offshore session, as investors sold high
yielding currencies. The flight to safety compounded the kiwi's fall after
markets pushed back their expectation for the first rate rise on
Fundamental Forecast for New Zealand Dollar: Bearish - The
unexpected jump in the jobless rate to a 10-year high could postpone the RBNZ’s
efforts to raise rates - How much resistance will a
meaningful NZDUSD bear trend encounter? Like most other currencies in
