New Zealand June Food Price Index (MoM) up to 2.1% vs 0.3%

Jul 11, 2013

NZD/USD surges to 0.7930, huge USD squeeze...

The NZD/USD price series continues to go ballistic, rising through 0.79 barrier in the early Asian trade as the nasty USD squeeze post Bernanke's dovish tone follows its course.

USD/JPY succumbs below 99 handle

The USD/JPY foreign exchange rate is last trading at 99.11 off recent session lows at 98.95, following dovish comments coming from FED Bernanke, rising doubts about the end of QE anytime soon.