![Kiwi on back foot against US dollar](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Kiwi on back foot against US dollar
Kiwi dollar is headed for a weekly decline of 2 per cent against a resurgent greenback.
Kiwi dollar is headed for a weekly decline of 2 per cent against a resurgent greenback.
The New Zealand dollar fell to a five-month low against the greenback.
The NZ dollar fell about 2 per cent as the market awaits policy details of new government.
The kiwi dollar slipped to 71.44 US cents as at 8am in Wellington.
Gains in the kiwi after stronger inflation data proved to be short-lived.
The NZ dollar was little changed ahead of figures expected to show inflation picked up.
The kiwi traded at 71.66 US cents as at 8am in Wellington.
The kiwi gained to 71.34 US cents as at 8am in Wellington from 71.04 cents yesterday.
The kiwi fell to 59.86 euro cents as at 8am in Wellington.
The New Zealand dollar is heading for a 1.5 per cent fall this week.
The dollar hit a four-month as the greenback was bolstered by recent upbeat data.
The New Zealand dollar fell as an index of the US non-manufacturing sector jumped.
The New Zealand dollar fell as an unexpected drop in dairy prices weighed on sentiment.
Online, mobile and digital currency systems are set to overtake credit and debit cards.
Auckland-based blockchain Centrality raised $15m in an "initial coin offering".
The kiwi has shed about 1.5 per cent since the September 23 election.
Judge rules Ping An Finance "failed abysmally" in complying with money-laundering rules.
The New Zealand dollar is heading for a 1.8 per cent weekly decline.
The New Zealand dollar fell against the US dollar, touching a three-week low.
The kiwi traded at 73.30 US cents as at 8am in Wellington from 73.39 cents on Friday.
One analyst said the clear loser is the housing market, given NZ First's policy.
Financial markets are expected to take the weekend's election result in their stride.
Recent crackdown on cryptocurrencies in China is a prelude to the assertion of control.
The kiwi fell to 73.11 US cents as at 8am in Wellington from 73.21 cents late yesterday.
Dollar gave up gains from yesterday's poll putting the National Party in the lead.
The latest poll showed National leapfrogging Labour ahead of Saturday's election.
The dollar fell against a broadly stronger US dollar ahead of the Fed's policy meeting.