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Kiwi falls after hefty rate cut, U.S. dollar edges up

FOREX-Kiwi falls after hefty rate cut, U.S. dollar edges up Updates with price levels as of 0820 GMT By Brigid Riley and Alun John TOKYO/LONDON, Oct 9 (Reuters) - The New Zealand dollar slumped on Wednesday after the country's central bank cut interest rates by 50 basis points, while the U.S. dollar nudged up against most currencies and hit a new two month high on a basket of peers.
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China's runaway rally stutters on stimulus uncertainty

GLOBAL MARKETS-China's runaway rally stutters on stimulus uncertainty China stocks off lows after MOF calls news conference Shanghai Composite -4%; Hang Seng flat Updates prices to 0600 GMT By Tom Westbrook SINGAPORE, Oct 9 (Reuters) - Chinese shares slumped and commodities were struggling to find a footing on Wednesday as investors tempered expectations for a robust Chinese economic recovery, while a downbeat outlook from New Zealand's central bank sent the kiwi to a seven-week low.
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Dollar firm ahead of Fed minutes, kiwi falls after hefty rate cut

FOREX-Dollar firm ahead of Fed minutes, kiwi falls after hefty rate cut Updates with price levels as of 0540 GMT By Brigid Riley TOKYO, Oct 9 (Reuters) - The dollar drifted sideways on Wednesday, giving some relief to the yen and other major currencies after a sharp rally to a seven-week high last week, as investors paused to assess the interest rate outlook for the United States.
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Dollar keeps poise ahead of Fed minutes, kiwi falls after big rate cut

FOREX-Dollar keeps poise ahead of Fed minutes, kiwi falls after big rate cut Updates with prices as of 0425 GMT By Brigid Riley TOKYO, Oct 9 (Reuters) - The dollar drifted sideways on Wednesday, giving some relief to the yen and other major currencies after a sharp rally to a seven-week high last week, as investors paused to assess the interest rate outlook for the United States.
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China stocks get a reality check; Europe shudders

MORNING BID EUROPE-China stocks get a reality check; Europe shudders A look at the day ahead in European and global markets from Tom Westbrook Gravity brought China's soaring stock market back to earth with a thud on Wednesday. Disappointment about the lack - so far - of follow-through on stimulus promises has triggered a pullback in a spectacular rally and could be a harbinger of further weakness in China-exposed assets trading in London and Europe.
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