New Zealand produer prices

Dollar Nicely Bid this Friday

May 17, 2013

Fresh impetus for a firm dollar was provided by San Francisco President Williams.  Usually aligned with Bernanke, he expressed growing confidence in the U.S. labor market and suggested that quantitative easing could be scaled back by summer. The dollar has climbed especially against commodity-sensitive currencies like the loonie (0.7%), kiwi (0.6%) and Aussie dollar (0.5%).  […] More