For the second-half of the year, the New Zealand dollar looks as though it will one of the best performing currencies as the Reserve Bank of New Zealand shows an increased willingness to lift the benchmark interest rate off of 2.50%. According to Credit Suisse overnight index swaps, investors see borrowing costs in the isle-nation increasing by more than 75bp over the next 12-months, and interest rate expectations should help to prop up the high-yielding currency as market participants…
Forex Update: US GDP rises by 1.8% in 1st Quarter, Jobless Claims increase. Dollar on defensive
The second “advance” estimate GDP report for the first quarter of 2011 showed that the US economy grew at a rate of 1.8 percent, according to today’s release by the U.S. Commerce Department.
David Rodriguez from DailyFx talks about the Major Forex Currencies & Trends
The US Dollar has been sold across the board on record-low interest rates and strong financial market risk sentiment. If suddenly the US Federal Reserve sees the need to tighten monetary policy and raise rates, the Greenback could recover significantly.
China’s growth outlook revised higher by World Bank
By FxNewsChina – The World Bank today released its latest quarterly update on the Chinese economy and said that China’s GDP will likely exceed …
China’s GDP increases by 9.6% in the 3rd quarter, Retail Sales rise
By FxNewsChina – China’s gross domestic product continued to grow at a robust pace in the third quarter of 2010, according to the latest …

China Surpasses Japan to Be #2 Economy
China has surpassed Japan to become the world’s second-largest economy in the second quarter. Japan’s government said today that its GDP totaled $1.29 trillion …
China’s GDP, Consumer Inflation slow in second quarter of 2010
A Chinese government release today showed that China’s gross domestic product grew at a slower pace than expected in the second quarter of 2010. The Chinese economy grew by 10.3%.
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