New Zealand Dollar:Risk of Sharp Declines on Financial Market Stress

The New Zealand Dollar was the strongest-performing G10 currency on a relatively quiet week of trade,benefiting from domestic economic data and modest improvements in financial market risk sentiment.

New Zealand Dollar:Risk of Sharp Declines on Financial Market Stress

Fundamental Forecast for New Zealand Dollar:Bearish

New Zealand Dollar rallies on higher-than-expected . . . →Read More:New Zealand Dollar:Risk of Sharp Declines on Financial Market Stress

Peru Sells U.S. Dollar Certificates After Copper,Gold Rebound Boosts Sol

Peru’s central bank sold certificates of deposit redeemable in U.S. dollars for the first time after rising copper and gold prices fueled demand for soles.

The sol strengthened 0.1 percent 2.7910 per U.S. dollar at 3:54 p.m. New York time,from 2.7950 yesterday. That’s the currency’s biggest gain in two weeks.

The central bank sold . . . →Read More:Peru Sells U.S. Dollar Certificates After Copper,Gold Rebound Boosts Sol

Stocks Rebound on Earnings as Dollar Slumps on Fed Speculation

The dollar weakened 0.7 percent to $1.3823 per euro,and retreated 0.5 percent to 81.21 yen. Photographer:Andrew Harrer/Bloomberg

The dollar slid the most against the euro since July and reached a 15-year low versus the yen amid speculation the Federal Reserve will pump more cash into the economy. Boeing Co. and Yahoo! Inc. . . . →Read More:Stocks Rebound on Earnings as Dollar Slumps on Fed Speculation

Treasury Bonds Advance as Beige Book Fails to Quell Speculation on Easing

Treasury 30-year bonds rose as a Federal Reserve regional survey showing a “modest pace” in the economic recovery failed to quell speculation that policy makers will increase asset purchases to spur inflation and employment.

Yields on the longest-maturity U.S. securities touched the lowest level since Oct. 14,reversing an earlier rise,as the dollar slid . . . →Read More:Treasury Bonds Advance as Beige Book Fails to Quell Speculation on Easing

Treasuries,Stocks Rise on Fed Speculation,Citigroup Earnings

Treasuries rebounded from the biggest weekly loss this year and U.S. equities rallied as a drop in industrial production bolstered speculation that the Federal Reserve will buy more securities. Financial shares led stocks higher as Citigroup Inc.’s earnings topped estimates.

The advance in Treasuries sent the 10-year yield down six basis points to less than . . . →Read More:Treasuries,Stocks Rise on Fed Speculation,Citigroup Earnings

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