More on a Possible U.S. Rate Cut

189116 Resource 119232 120646 120646 1194615166509 1194615166509 Controlled New Zealand Dollar Gains in Forex Trading

Kiwi up against greenback in currency trading

The kiwi is making solid gains against the greenback in currency trading on the FX market today. As the U.S. economy flounders, talks of another rate cut have surfaced, but it looks as though there is no end in sight for inflation in the New Zealand economy. <a href="http://www.bloomberg.com/apps/news?pid=20601083&sid=a6HcjPbBazE4&refer=currency" target="_blank" title="New Zealand dollar forex trading, forex trading, kiwi currency trading, currency trading, greenback currency trading, FX market, U.S. economy, U.S. rate cut" style="font-family: verdana,arial,helvetica,sans-serif;">Bloomberg reports on the New Zealand dollar in forex trading</a>: <div style="margin-left: 40px; font-style: italic; font-family: verdana,arial,helvetica,sans-serif;"> ``The yield differential is continuing to drive the kiwi,'' said Tony Allen, currency trader at ANZ National Bank Ltd. in Wellington, referring to the currency by its nickname. ``People are casting their minds to the chance of another U.S. cut.''</div> 9 application/xml false currency trading forex trading FX market greenback currency trading kiwi currency trading New Zealand dollar forex trading U.S. economy U.S. rate cut More on a Possible U.S. Rate Cut Interest rate news http://today.reuters.com/news/articleinvesting.aspx?type=usDollarRpt&storyID=2007-11-09T084927Z_01_L09215016_RTRIDST_0_MARKETS-FOREX-UPDATE-3.XML New Zealand Dollar and Forex Trading Currency trading on the FX market http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; PPC Mac OS X Mach-O; en-US; rv:1.8.1.9) Gecko/20071025 Firefox/2.0.0.9 127.0.0.1 127.0.0.1 mmarquit false true false false true 119232 blog blogsite/GFTForex/web