
US dollar rally over, now euro's turn
COMMENT: Investors coming to terms with possibility that US dollar's best days are gone.
COMMENT: Investors coming to terms with possibility that US dollar's best days are gone.
The New Zealand dollar struggled to gain traction against the US dollar.
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It fell after the Bank of England policy committee kept rates on hold.
The New Zealand dollar rose after weaker-than-expected US economic data.
Economists at ASB believe the kiwi dollar will head up against the greenback this year.
The dollar rose to the high on concern of an unstable minority government in Britain.
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NZ's biggest petrol chains increased their profits in 2016 despite revenue dropping.
NZ commodity prices rise 3 per cent in May, led by a jump in apple, kiwifruit prices.
New Zealand shares rose led by Fletcher Building and Restaurant Brands.
The New Zealand dollar continued to gain slightly against the Aussie.
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The New Zealand dollar extended its gains against the Aussie dollar.
Mainfreight's result stood out among the corporate earnings reports.
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The NZ division of ExxonMobil turned from a loss to a $91 million profit in 2016.
The New Zealand dollar rose above 71 US cents for the first time since.
Orion Health expects to be back in the black by the second half.
The dollar touched a three-week high against the euro overnight, before retreating,
NZ dollar gains vs Aussie as kiwi comes back into favour on cross trade.
Bank holidays in the US, China and the UK today are likely to keep trading subdued.
The dollar fell after OPEC agreed to extend production curbs which was not expected.
The dollar rose above 70 US cents as investors were disappointed by caveats in US minutes.
The dollar drifted off a month-high as US President unveiled plans to cut spending.
The price of a single bitcoin has soared to $2,200 from just $0.003 seven years ago.