• The USD perversely benefited from weak economic data overnight 12.24.08
  • NZD staged a brief rally to above 0.58 at the European open 12.23.08
  • UK GfK consumer confidence rose 2 pts to -33 in December 12.22.08
  • The AUD followed EUR’s lead and fell 2 cents from its European morning high of 0.7137 12.19.08
  • Bank of England considered bigger rate cut on Dec 4 12.18.08
  • Euroland advance PMIs keep slipping in Dec 12.17.08
  • US industrial production fell only 0.6% last month 12.16.08
  • Pssst… pass it on 12.15.08
  • The 3.8 pt rise in the UoM sentiment measure in Dec 12.15.08
  • The USD fell by around 2% against major currencies last night 12.12.08
  • AUD gyrated in a narrow 0.6580 to 0.6640 range 12.11.08
  • A range of 0.5350 to 0.5450, with a drift towards the lower end, is our call today 12.10.08
  • US equities once again were impressive 12.9.08
  • Actions speak louder than words 12.8.08
  • The US payrolls data for November was as shocking as expected 12.8.08
  • Japan CAPEX highlights ongoing weakness in capital spending 12.5.08
  • A similar range for a subdued AUD, around 64 to 65 cents last night 12.4.08
  • UK PMI construction dives from 35.1 to 31.8 in Nov 12.3.08
  • The NZD fell overnight in Europe with the poor news 12.2.08
  • Easy does it 12.1.08
  • UK GfK consumer confidence rose 1 point to -35 in November 12.1.08
  • NZD: Stable in a narrow 55 to 55.5 cent range yesterday 11.28.08
  • US personal income and spending reports showed an increasingly cautious consumer 11.27.08
  • The NZD remains above the key 54 cent level 11.26.08
  • The NZD followed the leads of the US and UK 11.25.08
  • As an interlude in the larger picture of gloom 11.24.08
  • Cheesed off! 11.24.08
  • Last night’s market action was highly significant 11.21.08
  • Currencies remain rangebound, with the overall trend dictated by major global equity markets 11.20.08
  • EUR also tracked the Dow, and rose to around 1.27 11.19.08
  • Currency markets were largely subdued after the New Zealand close 11.18.08
  • EUR shrugged off confirmation that the euro zone is in recession 11.17.08
  • Embracing the horror 11.17.08
  • NZD traded within a relatively tight range overnight 11.14.08
  • Overnight price action was a virtual rerun of the previous two days 11.13.08
  • NZD initially held steady within the 0.58-0.59 range 11.12.08
  • NZD crawled its way towards 0.6050 early in the overnight session 11.11.08
  • US non-farm payrolls fall 240k in Oct 11.10.08
  • Elective surgery 11.10.08
  • US productivity growth slows from 3.6% to 1.1% annualised in Q3 11.7.08
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