The New Zealand dollar may extend its decline this week as investors, nervous about the slow progress being made on Europe's escalating sovereign debt crisis, sell growth-linked currencies for the relative safety of the greenback.
Average prices of dairy products fell for the sixth straight sale in Fonterra's latest online auction, reaching the lowest level in 10 months.
The New Zealand dollar rose against the greenback on bets that weaker US data will force Fed chair Ben Bernanke to unveil a third round of quantitative easing.
National's Nikki Kaye and Labour's Jacinda Ardern on whether the Government should act to lower the NZ dollar.
Trade Minister will be under pressure in Beijing to live up to the terms of the FTA.
New Zealand commodity prices were stable last month, with weakness in logs and dairy products, while kiwifruit prices rose, according to the latest ANZ Commodity Price Index.
New Zealand's trade surplus was $230m in June, missing forecasts and pushing the kiwi dollar down by almost a third of a cent.
How on earth are we going to export more high value, high wage-producing goods with a currency headed for parity vs the US dollar?
A major US dairy company, which markets products for four co-ops will start selling products through Fonterra's online dairy auction system from October.
Average prices of dairy products fell to their lowest level since early December in Fonterra's latest online auction, adding to evidence the steam in coming out of global commodity prices.