Latest from Monetary Policy

Retail sales edge up as online buying grows
Retail sales volumes edged up in the June quarter, missing expectations, as growth in online buying helped offset a slide in petrol purchases.

NZ dollar rebounds from 6-year low
The rebound came as China intervened in the market to stabilise its currency, which had declined sharply.

China weighs on Wall St overnight
Wall Street was mixed, recovering from steeper losses, as investors reassessed the impact of China's currency devaluation.

NZ dollar edges lower on Chinese devaluation
The NZ dollar edged lower in Northern Hemisphere trading as investors weigh the impact of China's currency devaluation.

NZ dollar falls as China devalues
The NZ dollar fell sharply yesterday after the US dollar spiked higher in response to China's 1.9 per cent devaluation of the yuan.

NZ dollar outlook: Kiwi may rise
The kiwi may advance this week as traders have already priced in a weaker dairy sector.

NZ dollar rises in volatile trading
The New Zealand dollar rose as high as 66.36 US cents due to volatile trading over the weekend.

NZ dollar gains vs. pound
The kiwi rose to 42.22 British pence ahead of the Bank of England's policy review on Thursday in London.

Gold bears return as traders look to rate increase
Gold futures have fallen for the second time in three days amid mounting speculation that the US Fed will raise interest rates.

NZ dollar dips below US65c
The kiwi dipped below US65c for the first time in six years as better than expected US data revived optimism.

NZ dollar drops after dairy prices decline
The kiwi was hit by a double whammy as dairy prices fell and a report stoked speculation the Fed would hike interest rates.

NZ dollar declines vs. Aussie
The decline occurred ahead of the Reserve Bank of Australia's decision on interest rates today.

When the underdog beat Wall Street
Hinds County bucked the trend when it netted US$6.7 million in an interest rates swap deal with a New York derivatives dealer.

NZ dollar jumps after weak US employment data
Weak data on US employment costs prompted traders to pull back expectations for US interest rate hikes.

Businesses most pessimistic in 6 years
New Zealand business confidence fell for a second month, to the most pessimistic in six years, led by the agricultural sector and construction companies.

NZ dollar continues its slide below 66 US cents
The dollar fell as the prospect of more easing by the Reserve Bank dented the appeal of the kiwi.

Dollar up on rosier Wheeler talk
The dollar has rallied after what the markets perceived as a more optimistic view of the economy from Reserve Bank Governor Graeme Wheeler.

NZ dollar gains before Wheeler speech
The dollar rose on speculation Wheeler may soften his language about an easing bias, and after stocks rebounded.

NZ dollar gains on Chinese stock rout
The kiwi dollar has risen to a six-and-a-half week high against the Aussie after a slump in Chinese equities markets.