RBZ's Wheeler: NZD carry trade quite strong

FXStreet (Bali) - RBNZ Wheeler is speaking to a parliamentary committee, with some headlines now crossing the wires, saying that "NZD carry trade is quite strong and may strengthen", adding that "Japan may be a source of more carry-trade activity" and that "is in New Zealand’s interest to have more diversified export markets."

May 14, 2014

China: PBoC signals policy easing in property sector - Nomura

As Zhiwei Zhang, Economist at Nomura, notes, the People's Bank of China (PBoC) held a meeting Tuesday on property sector financing issues, stating that commercial banks should "properly set mortgage rates for first-time home buyers,” "meet the demand for first-time buyers purchasing properties that are not high-end" and "expedite the approval and disbursement of mortgage loands", all suggesting that more easing measures will follow in the next few months, Zhang believes.

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May 14, 2014

EUR/JPY breaks below 140.00

EUR/JPY is breaking through Tuesday's low at the open of Tokyo, with the rate sliding from 140.08 to post a new low of 139.93.

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