Dollar stays strong against Australia
The New Zealand dollar continued to gain slightly against the Aussie.
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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Cavalier's outlook has deteriorated further since its last earnings downgrade in February.
The gain was on the back of outlook favours the kiwi over its trans-Tasman counterpart.
The NZ division of ExxonMobil turned from a loss to a $91 million profit in 2016.
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.
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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 kiwi gained against the yen as upbeat investor confidence dimmed demand.
The kiwi held on to yesterday's gains after Emmanuel Macron's win in France.