China interest rate policy

Signs of Strength Reported in Asia

December 9, 2010

Supported by the recent sharp increase in longer-term U.S. interest rates, the dollar rose overnight by 0.4% against sterling, 0.3% versus the euro and 0.2% relative to the Swiss franc.  A stellar Australian jobs report lifted the Aussie dollar by 0.5%, but the kiwi is flat as New Zealand’s central bank signaled a flatter future […] More