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View Full Version : NZ Dollar Gains as US Stocks Pare Losses, Aiding Confidence - Bloomberg



NewsWhore
08-12-2007, 06:40 PM
NZ Dollar Gains as US Stocks Pare Losses, Aiding Confidence (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaPK7u7fj1urw%26refer%3Dasia&cid=1119324195&ei=_Iu_RsjwF4T20AHW3tm-Dw)
Bloomberg - 1 hour ago
The trade, where traders use cheaply borrowed yen to buy higher-yielding fixed income assets elsewhere, has helped the currency, known as the kiwi, ...



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