
NZ dollar little changed, eyes on Fed
The kiwi was little changed at the start of a quiet week for domestic economic data.
The kiwi was little changed at the start of a quiet week for domestic economic data.
The dollar gained on speculation on lesser need to raise interest rates in the US.
The New Zealand dollar fell to the lowest level in about 11 months against the euro.
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New Zealand shares fell, led by companies that have outperformed the index this year.
The New Zealand dollar was little changed, having climbed overnight only to reverse track.
The dollar rose after figures showed a stronger-than-expected gain in retail sales.
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The key support level hasn't been seriously breached in about 11 months.
The kiwi held on to yesterday's gains after Emmanuel Macron's win in France.
The kiwi fell against the euro as early projections showed Macron won a decisive victory.
Major US stock indexes gained, with the S&P 500 ending at a record high close.
Myrtle Rust has been discovered in the Far North and Deutsche Bank downgraded the stock.
The New Zealand dollar extended its decline, as commodity prices continued to weaken.
Wall St seesawed as optimism about better-than-expected corporate earnings.
The New Zealand dollar fell after the latest Federal Reserve statement.
The dollar declined as the Federal Reserve gave an assessment of US economic growth.
The dollar extended its gains after dairy prices rose more than expected.
Wall Street was mixed as investors awaited Apple's latest earnings.
The New Zealand dollar rose ending a five-day decline.
The New Zealand dollar may be ripe for a turnaround after falling over the past month.
Intueri Education Group shares fell 52 per cent to 1 cent, valuing the company at $1m.
NZX revenue dipped 1.7 per cent in the first three months of the year.
Sluggish consumer spending weighed on US economic growth and kept the kiwi low.
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New Zealand shares ended higher today as positive economic data cheered investors.