NZ dollar rebounds; greenback falls on California lockdown
The kiwi was trading at 57.51 US cents at 5pm.
The kiwi was trading at 57.51 US cents at 5pm.
The market remains on edge as the virus continues to spread.
The dash for cash is causing major distortions in the NZ money market.
Tourism Holdings led the local market lower.
The New York Stock Exchange will temporarily close its historic trading floor.
The New Zealand sharemarket opened weaker after another decline on Wall Street.
Investor panic subsided and New Zealand.
The kiwi was trading at 59.60 US cents at 5pm.
There was more optimism on Wall Street overnight.
New Zealand shares recovered from an early selloff.
The kiwi was trading at 60.50 US cents at 5pm.
Kiwi dollar jumps on news of the package.
Financial Times: Hedge funds and speculators are selling liquid assets to cover losses.
The New Zealand sharemarket opened weaker after a 12 per cent fall on Wall Street.
Initially the Government focused on specific sectors; now its all about jobs it can save.
New Zealand shares fell lower as investors reacted to new requirements for travellers.
The kiwi was trading at 60.50 US cents at 5pm.
The group is calling for immediate measures to control the number of infections.
Volatility is expected to continue as virus fuels further travel restrictions.
Travel sector stocks took a hit when the New Zealand sharemarket opened weaker.
Big firms are starting to roll out major policy changes in response to coronavirus.
What comes after one of the wildest weeks in trading history?
After 12 years of relative calm, investors are faced with new challenges.
The S&P/NZX 50 Index dropped to its lowest close since April.
The kiwi was trading at 61.27 US cents at 5pm.
Coronavirus proof your portfolio and prepare for more market volatility ahead.