Latest FromCurrency
Peter Lyons: Global financial hangover and us
As we congratulate ourselves on the buoyancy of our rock star economy, we need to appreciate that we are firmly locked into the global economy, writes Peter Lyons.
NZ dollar slumps to 4-year low
The New Zealand dollar is headed for a 2.1 per cent weekly decline against the US dollar, having hit a four-year low after the Reserve Bank on Thursday removed its bias for higher interest rate.
Reserve Bank opens door to cutting rate
The Reserve Bank has explicitly acknowledged its next interest rate move could be either up or down, thereby giving the financial markets a green light to price in a cut.
Dollar down, hotel room charges up
The falling New Zealand dollar will boost tourism and could enable hotel operators to increase prices.
Kiwi dollar touches four-year low
The New Zealand dollar is touching a four-year low after the Reserve Bank abandoned its bias for raising interest rates and said a rate cut was a possibility.
Liquidators to make $23m bitcoin claim
The liquidators of a New Zealand bitcoin trading platform will soon be able to make a claim for $23 million worth of the digital currency that was being held with a now-bankrupt Japanese exchange.
Greek PM already feeling Eurozone heat
Greece's new far-left Syriza party promised to dump tough austerity measures - but will that mean the country will have to leave the Eurozone to do it?
Editorial: Greek exit from euro makes sense
Five years ago the prospect that Greece might need to revert to a currency of its own filled the euro zone with horror.
Greek elections: Syriza win fuels fears of default
Global markets are braced for an extended bout of extreme volatility after left-wing party Syriza stormed to victory in the Greek elections.
Brokerage backed itself to get licence
An Auckland currency brokerage that was in breach of its reporting requirements and shut down last week after an unexpected surge in the Swiss franc never considered it would not get a new licence....
Brokerage returns clients funds
Global Brokers NZ has so far returned more than half of its clients' funds, says the Financial Markets Authority.
Danes fight back against speculators
Denmark is trying to silence currency speculators as its government and central bank insist it won't follow Switzerland in severing its euro ties.
Wary watch on Europe's financial markets
Financial markets will this week find whether the Swiss National Bank's fears were well-founded when the European Central Bank announces its plan to revive economic growth.
Liam Dann: Deflation spectre global threat
Keeping up with the progress of the global economy is becoming a fiendishly complex sport, writes Liam Dann.
Auckland firm shut by franc move
Fallout from the Swiss central bank's surprise move to ditch the franc's cap against the euro spread to Queen St yesterday, with an Auckland-based currency brokerage announcing it was shutting down....
Swiss drop currency bombshell
Switzerland's central bank has dropped a bombshell on foreign exchange markets by withdrawing its currency peg against the euro, driving the Swiss franc sharply higher and pushing other currencies,....
Swiss firms hit by currency move
More than 60 billion ($116 billion) was wiped off the value of Switzerland's leading companies after the central bank scrapped the cap on the Swiss franc against the euro.
NZ dollar hits record high against euro
The NZ dollar rose to its highest level in more than six weeks against the greenback, and touched a record 67.45 euro cents after a Swiss move overnight.
Bank can't see corks popping yet
As the NZ dollar approaches equality with the Australian dollar, the Bank of New Zealand says those anticipating a so-called "parity party" can hang on to their balloons.
NZ economy heading for deflation - BNZ
The NZ economy may be in its first six-month period of deflation in more than a decade, in the face of weak crude oil prices says the BNZ.
Kiwi climbs against euro, aussie
The New Zealand dollar pushed on to a 21-month high against the euro yesterday as the spectre of deflation swept through Europe's financial markets.
NZ dollar up to 21 month high vs Euro
The Kiwi dollar rose to a 21-month high against the euro after data showed the Eurozone slipped into deflation.