ECB considering buying ABS below own credit rating limit - Welt

FXStreet (Bali) - According to Die Welt, citing people familiar with the matter, ECB is considering buying ABS below its own credit rating limit, Bloomberg reports.

Sep 17, 2014

NZ current account dips below $1 billion

New Zealand Current Account (QoQ) registered at -$1.06, which is below expectations of $-0.95B for 2Q, with the New Zealand Current Account - GDP Ratio at -2.5% as expected.

NZD/USD holding the bid tone

NZD/USD is trading at 0.8190, down -0.13% on the day, having posted a daily high at 0.8205 and low at 0.8187.