Recent Posts

NZ dollar rises to 4-month high vs. Russian ruble on rising tensions over Ukraine

The New Zealand dollar rose to a four-month high against the ruble on concern Russia may face more sanctions over Ukraine, further denting the fragile Russian economy. The kiwi touched a high of 31.14 rubles and was trading at 30.95 rubles at 8am in Wellington, from 30.83 rubles at 5pm on Friday. The local currency was little changed at 83.58 US cents from 83.59 …

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World Week Ahead: Focus on US jobs, ECB

US employment data and a meeting of policymakers at the European Central Bank will renew the focus on when interest rates will begin to rise in the US, and the degree and timing of additional stimulus in the euro zone. The state of the labour market in the US will be revealed in the ADP employment report, due Wednesday, weekly jobless …

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