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View Full Version : NZ Dollar Rises as Fed Rate Cut, Stock Rally Buoy Carry Trade - Bloomberg



NewsWhore
03-18-2008, 05:20 PM
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NZ Dollar Rises as Fed Rate Cut, Stock Rally Buoy Carry Trade (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaZGxhLtWo4_s%26refer%3Daustralia&cid=1143761294&ei=QjLgR87NO5Pq-gGT89mkAQ)
Bloomberg - 42 minutes ago
The currency jumped 2.6 percent to 80.68 yen from 78.63 yen yesterday. Fed policy makers cut the main lending rate to 2.25 percent in an attempt to prop up ...


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