NZ dollar struggles at lower levels
The New Zealand dollar continued to struggle after falling sharply yesterday on cautious comments from the Reserve Bank of New Zealand (RBNZ).It was at US72.18c at 5pm from US72.38c at 5pm yesterday.The NZ dollar dived yesterday… Click here to read the full story
Read more..NZ dollar falls after OCR hiked
The New Zealand dollar fell sharply on a day the Reserve Bank of New Zealand (RBNZ) hiked the official cash rate (OCR) by 25 basis points to 3 per cent.This is the opposite to what usually happens but investors opted to take more… Click here to read the full story
Read more..NZ dollar tumbles despite interest rates hike
The New Zealand dollar tumbled after Reserve Bank Governor Alan Bollard said interest rate increases will be more moderate than he had previously flagged and said the currency’s strength is inconsistent with the weaker economic outlook.Bollard… Click here to read the full story
Read more..NZ dollar dips below US73c
The New Zealand dollar fell in afternoon trading after the National Bank of New Zealand Business Outlook (NBBO) survey showed confidence slid for a third consecutive month.Earlier the Australian dollar fell on softer than expected… Click here to read the full story
Read more..Dollar hovers below six month US high
The New Zealand dollar eased a touch from its earlier six-month high against the greenback around US73.50c, in quiet trading after an upbeat session overnight.By 5pm, the kiwi was at US73.41c, compared with US72.74c late yesterday… Click here to read the full story
Read more..NZ dollar jumps to six-month high
The New Zealand dollar climbed to a six-month high as a surge in new home sales in the US stoked investors’ appetite for higher-yielding, or riskier, assets.American new home sales jumped 24 per cent last month, taking the inventory… Click here to read the full story
Read more..NZ dollar holds gains
The New Zealand dollar spent today trading around a one-week high against a backdrop of firm equity markets and ahead of the Reserve Bank of New Zealand (RBNZ) official cash rate (OCR) decision on Thursday.Around 5pm today the… Click here to read the full story
Read more..Dollar Outlook: Kiwi may gain as rate decision looms
The New Zealand dollar may advance as traders eschew an out-of-favour greenback and seek growth assets Downunder, where central banks stand ready to raise interest rates and widen the gap with America’s record-low benchmark.The… Click here to read the full story
Read more..Dollar Outlook: Kiwi may gain as rate decision looms
The New Zealand dollar may advance as traders eschew an out-of-favour greenback and seek growth assets Downunder, where central banks stand ready to raise interest rates and widen the gap with America’s record-low benchmark.The… Click here to read the full story
Read more..Dollar Outlook: Kiwi may gain as rate decision looms
The New Zealand dollar may advance as traders eschew an out-of-favour greenback and seek growth assets Downunder, where central banks stand ready to raise interest rates and widen the gap with America’s record-low benchmark.The… Click here to read the full story
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