Only a matter of time before it's US80c?

New Zealand Herald: Intervening in foreign exchange markets is about sending a "signal" to currency speculators that the kiwi is too high, says the Reserve Bank. Two weeks after it first intervened, ...

Banks vie to manage Japan's foreign exchange reserves

Financial Times: The yen fell to a record low against the euro on Tuesday as a Japanese official acknowledged the growing role of the country's retail flows in the foreign exchange ...