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Currency and Financial Newswire
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USD & CAD - World Market Update Tuesday, March 28, 2006.
Currency Exchange
- Extraordinary attention is being paid to the U.S. Federal Reserve this morning as their rate announcement is set to come down at 2:15 p.m. eastern time. It is almost a 100% given that the Fed will raise rates another 1/4 of 1%, but the big question is how will the Fed disseminate this information under the new chair...
AUD - Australian Currency News Update Wednesday, March 29, 2006
Currency Converter News
- The Australian dollar opened lower this morning trading at 0.7044 after closing at 0.7094 last night. The local unit did manage to climb above 0.7100 in overnight trade reaching 0.7107. The rebounding AUD was swiftly sent down after the Federal Reserve announced...
FOREX News for Tuesday, March 28, 2006
European & US Trading Preview
Forex
U.S. Commerce Secretary Warns China
AP (Tue 9:54pm)
Nikkei hits 5- year high as techs advance
Reuters (Tue 10:15pm)
Japanese Stocks Climb to Five-Year High
AP (Tue 11:20pm)
NZ dollar falls below 60 U.S. cents to 22-month low
WELLINGTON, March 29 (Reuters) - The New Zealand dollar fell below $0.60 on Wednesday for the first time since May 2004, as rising U.S. interest rates eroded the kiwi's yield advantage. The New .......
Reuters Finance News, Australia - Wednesday March 29, 2006, 2:07 pm
UPDATE 1-NZ dollar slides under 60 U.S. cents, outlook sick
(Adds Australian dollar move, analyst comment) By Kazunori Takada WELLINGTON, March 29 (Reuters) - The New Zealand dollar tumbled on Wednesday to a 22-month low under 60 U.S. cents, as rising U.S. .......
Reuters Finance News, Australia - Wednesday March 29, 2006, 4:38 pm
Renminbi weakness tests US patience
Influential US lawmakers proposed legislation that would force the administration to take a tougher line on China for suppressing its currency.
Financial Times
Dollar May Advance After Fed Raises Interest Rate, Signals More Increases
March 29 (Bloomberg) -- The dollar may strengthen for a second day against the yen on speculation the Federal Reserve will keep increasing borrowing costs this year. The U.S. currency yesterday had the biggest gain against the yen in three weeks after the
Bloomberg