![NZ dollar falls as investors look for insight](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ dollar falls as investors look for insight
The New Zealand dollar fell ahead of a speech by Federal Reserve chair Janet Yellen.
The New Zealand dollar fell ahead of a speech by Federal Reserve chair Janet Yellen.
The New Zealand dollar held its gains of last week against the greenback before public statements by Federal Reserve chair Janet Yellen amid speculation she may clarify the central bank's view on the start of any interest rate hikes in the US.
The bitcoin mining rush is sputtering. Speculators, known as miners, are finding that the enterprise isn't as profitable as it once was.
The Kiwi dollar extended its decline against its trans-Tasman counterpart after figures showed Australian unemployment unexpectedly fell last month.
A Crown appeal against the sentence of a businessman who avoided home detention for breaching the conditions of his second bankruptcy has been dismissed by a High Court judge.
A twice-bankrupted businessman may have to return from Ireland to serve a sentence of home detention if a Crown appeal is successful.
Stock exchange operator NZX says it will ramp up its efforts to help investors understand how it regulates the market this year.
The kiwi was the worst performing currency tracked by Reuters overnight, falling as low 85.45 US cents after rising as high as 87 cents earlier this week.
New Zealand's first Bitcoin ATMs have been unveiled - but they won't be in one place and you can't get cash out of them.
The New Zealand dollar is overvalued by between 5 and 15 per cent, the International Monetary Fund reckons.