![NZ dollar edges up as traders await Fed rate hike info](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ dollar edges up as traders await Fed rate hike info
The New Zealand dollar rose as traders await economic data that may provide clues to the timing of US interest rate hikes after US
The New Zealand dollar rose as traders await economic data that may provide clues to the timing of US interest rate hikes after US
Wall Street strengthened, edging closer to fresh record highs.
COMMENT: Central banks can't pick markets any more than they can pick pop hits, Liam Dann writes.
The New Zealand dollar fell after the top two Federal Reserve officials gave an upbeat message about the outlook for US interest rates
The New Zealand dollar tumbled after Federal Reserve vice chairman Stanley Fischer indicated September was still a possibility for a rate hike.
An analyst says it's "safe to assume" the average Auckland house price will pass $1 million this month.
COMMENT: Janet Yellen defended the value and effectiveness of the current US monetary policy regime.
COMMENT: Lowering cost of money and increasing the quantity of cash has become a tonic for every crisis but it doesn't restore an economy to robust health.
Prime Minister John Key received a "wonderful, warm reception" when he spoke at the launch of the Whanganui branch of Three Keys on
WATCH: What's driving up the dollar? Liam Dann talks to Alex Hill from NZ Forex and currency reporter Jamie Gray.
Fonterra has raised its farmgate milk price forecast by 50 cents to $4.75 per kg of milksolids.
Wall Street moved lower ahead of Friday's speech by Federal Reserve Chair Janet Yellen who might offer clues on the timing for an
The futures market suggests an earnings upgrade might be on the way for Fonterra's farmers.
NZX dairy futures whole milk futures have broken through the US$3000/tonne level for the first time in more than a year.
Wall Street gained overnight, pushing the Nasdaq to a record high, amid better-expected earnings such as for Best Buy and stronger-than-expected
The New Zealand dollar gave up some of its gains, dipping below 73 US cents, after Reserve Bank governor Graeme Wheeler backed his
The Herald's coverage of the increase in Brits interested in moving to New Zealand since Brexit has been labelled 'cheeky' by the Telegraph.
The latest hawkish comments from a US Federal Reserve official weighed on equities and lifted the greenback.
A 2016 rate hike from the Fed is still under consideration, as the U.S. economy is close to meeting the central bank's goals.
Way up in One Canada Square, in the Canary Wharf financial district, a map of post-Brexit London is flashing.
The dollar fell after Federal Reserve President John Williams revived talk of a rate hike as soon as September.
The Bay of Plenty's economic outlook has topped the country for the sixth quarter in a row. New cars, new houses and record exports
More than 10,500 registrations from people considering moving here from Britain have been lodged with Immigration New Zealand since the Brexit vote.
COMMENT: Allowing a flood of low-skilled migrants is frustrating that market mechanism with the short-term aim of keeping wages low for employers.
Stocks on major markets have fallen worldwide while the US dollar strengthened.
The New Zealand dollar is heading for a 1.1 per cent weekly gain against the greenback.
A report shows the wealthiest Americans endured recession and recovery better than anyone, by far.
COMMENT: Are migrants following New Zealand's boom, or creating it?
Booming migration and tourism arrivals set a new record - but economists say the net migration trend may be close to a peak.
Reserve Bank governor Graeme Wheeler might be wondering right now what he has to do to move the needle on retail interest rates or the dollar.