The dollar may fall this week as traders bet the Reserve Bank could reduce interest rates.

The kiwi touched 70.25 US cents over the weekend, its lowest level since August 2010.

A young New Zealand-born woman whose father and brother died trying to climb the world's deadliest mountain is battling one of the world's biggest banks over her inheritance.

Two successive years of low milk prices will increase pressure on the asset quality of New Zealand banks, says ratings agency Fitch.

The dollar touched a four-month low against the euro after the European Central Bank lifted its inflation forecast.

The dollar rose even after dairy product prices unexpectedly fell in the latest GlobalDairyTrade auction.

The kiwi touched 70.65 US cents in an illiquid market yesterday, its lowest level since August 2010.

The Australian sharemarket has closed lower, retreating after a one-month high on Friday.

The Reserve Bank of Australia is widely expected to keep interest rates on hold when it meets this week.

The Co-Operative Bank has posted a 24 per cent lift in annual profit, while also boosting its rebate to customers.

The dollar dropped to its lowest in more than four years on concern about the outlook for the economy.

ANZ breached the Fair Trading Act for misleadingly representing interest rate swaps to some customers.

Reserve Bank will disappoint financial markets and leave the official cash rate on hold for another two years, says NZIER.

The dollar changed little overnight with major markets in the US and the UK closed for public holidays.

It's crunch time for dairy farmers this week when Fonterra releases its farmgate milk price forecast for the coming 2015/16 season.

The NZ fell as the US dollar strengthened following signs of rising US inflation.

Banks foreclosed on more than 700 properties in the last year when financially strapped homeowners could no longer afford repayments.

The dollar held near the bottom end of its recent trading range as investors weighed up interest rates cuts.

ASB has followed the lead of ANZ and Kiwibank and slashed its fixed mortgage rates.

The dollar fell as the greenback strengthened following better-than-expected US housing data.

Westpac could join a mortgage-rate battle after Kiwibank and ANZ slashed their home loan rates.

ANZ and KiwiBank have cut their mortgage rates as speculation grows the Reserve Bank will cut the OCR.

The New Zealand dollar declined as the greenback strengthened on optimism the US economy will rebound.

Economists are divided over the likely impact on the Auckland property market of new tax moves to target speculators.

The number of mortgage holders paying break fees to cash in on near record-low interest rates has jumped, with some homeowners saving thousands from the switch.

The last GlobalDairyTrade auction for the season is tomorrow and dairy analysts say indications are that prices may be about to bottom out.

The Reserve Bank of Australia is warning borrowers against taking on too much debt as concerns grow about a potential housing bubble in Sydney and Melbourne.

The Government's property speculator tax crackdown will lead to large-scale real estate dumping before its October 1 start and widespread evasion and avoidance, experts say.

The New Zealand dollar fell on speculation that potential developments could give the bank more room to cut interest rates.