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Australia & NZ dollars steadier, up against euro SYDNEY/WELLINGTON: The Australian and New Zealand dollars climbed against a broadly softer euro on Monday and were generally better-bid as Asian equities appeared to be stabilising after a punishing selloff. The euro dipped to A$1.4738 and NZ$1.5959, having retreated from Friday's session high of A$1.4835 and NZ$1.6106. Investors took aim at the euro after European Central Bank officials stepped up their verbal campaign against the currency, saying further policy easing would be needed if the euro continues to strengthen. Against the US dollar, both Antipodean currencies found their footing as stock markets in the region showed some signs of stabilising. Japan's Nikkei drifted in and out of positive territory suggesting an improvement in market mood after a big selloff on Friday amid what appeared to be a global rotation out of technology and momentum stocks.The Australian dollar was steady on the day at $0.9396 , following Friday's 0.2 percent fall.Immediate ...

Australia, NZ dollars surge on upbeat local data and rate outlook SYDNEY/WELLINGTON: The Australian dollar climbed to a 4-1/2-month peak on Thursday as startlingly strong jobs data added to the case for a steady interest rate outlook, while the New Zealand dollar climbed to a 2-1/2-year high following another upbeat economic report. The Aussie leapt more than half a cent to $0.9440, its highest since late November, before easing back to $0.9410. It was still sharply higher for the week to show a gain of 1.3 ...
NZ dollar extends gains, hits 2 1/2-year high vs US dollar WELLINGTON: The New Zealand dollar hit a 2 1/2-year high against the US dollar on Thursday as investors speculated its rate advantage against the greenback would increase after Federal Reserve minutes suggested US rates would stay low for months to come. The kiwi climbed to $0.8735, its highest level since August 2011. It rose to 80.99 against a currency basket , according to Reuters data, just shy of a post-float high around 81.03 hit in ...
Australian dollar takes a breather, NZD up for 3rd session SYDNEY/WELLINGTON: The Australian dollar conserved its energy on Tuesday after repeatedly failing to break resistance above 93 cents, while the New Zealand dollar's relatively high interest rates helped it climb for a third straight session. The Aussie was firm at $0.9282, within sight of a 4-1/2-month peak of $0.9310 touched last week.The 93 cent barrier has proved a major obstacle to bulls, who have failed four times to sustain a break. Still, the Aussie managed ...
Australia, NZ dollars hold near highs vs USD and euro SYDNEY/WELLINGTON: The Australian and New Zealand dollars held near recent highs versus their US counterpart and the euro on Monday as upbeat local data and talk about stimulus measures in Europe encouraged investors to buy riskier assets. The Aussie hovered around $0.9285, near a triple top around $0.9308-10, the highest level since November. A break above that level would target key resistance at $0.9340, the 61.8 percent retracement of the October-January fall. Underpinning the Aussie ...
Euro knocked lower by dovish ECB, US jobs data next SYDNEY: The euro traded at one-month lows against the dollar early on Friday, having suffered a bit of a setback after the European Central Bank notched up its dovish rhetoric following a widely expected decision to leave interest rates unchanged.ECB President Mario Draghi said the Governing Council was unanimous in its commitment to also using "unconventional instruments within its mandate in order to cope effectively with risks of a too prolonged period of low inflation".Long ...
Australia and NZ dollars dip after soft data, profit taking SYDNEY/WELLINGTON: The Australian and New Zealand dollars were lower against the US dollar on Wednesday as a mix of soft data and profit taking knocked the commodity currencies off recent highs. The Aussie was around $0.9232 from $0.9246 in late New York trade, after it had scaled a four-and-a-half month high of $0.9310 on Tuesday in the aftermath of the Reserve Bank of Australia's (RBA) monthly policy review. The central bank, as expected, held rates ...


Index Closing Chg%
Arrow DJIA 16,424.85 1.00
Arrow Nasdaq 4,086.23 1.29
Arrow S&P 1,862.31 1.05
Arrow FTSE 6,584.17 0.65
Arrow DAX 9,317.82 1.57
Arrow CAC-40 4,405.66 1.39
Arrow Nikkei 14,417.68 3.01
Arrow H.Seng 22,696.01 0.11
Arrow Sensex 22,277.23 0.92

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln