Archive for September 30th, 2011

Currency Spreads: Credit Rating Downgrade Weakens NZD

September 30, 2011
By Mark

German ratification of an enlarged bail-out fund was supposed to calm market nerves going into the weekend, but sentiment remains downbeat in early trading today and we can expect equity markets and risk-on currencies to continue to struggle this afternoon and in the early part of next week. Today is the end of the...
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