NZ dollar continues to push higher
The NZ dollar continued to push higher on US dollar profit taking in the wake of US President Donald Trump's latest comments on trade and the border tax.
The NZ dollar continued to push higher on US dollar profit taking in the wake of US President Donald Trump's latest comments on trade and the border tax.
The New Zealand dollar was little changed against the greenback ahead of this week's Federal Reserve policy meeting.
The New Zealand dollar rose to month highs against the greenback and the Australian dollar.
The kiwi dollar has dropped on the news that Prime Minister John Key is resigning.
The New Zealand dollar fell as the greenback rose to a level it has only touched once before.
The New Zealand dollar fell as the greenback held near its highest levels in 11 months.
The dollar fell as stronger-than-expected US retail sales and manufacturing data extended the greenback's rally.
The New Zealand dollar gained as US bonds rose in Asia, capping a selloff that drove yields to their highest levels this year and dragged the greenback up with them.
The New Zealand dollar was little changed, holding its ground against the US greenback.
The New Zealand dollar fell in New York trading after figures showed the United States economy stacked on thousands more jobs than
The rout in the New Zealand dollar appears to be over, for the moment at least.
The Reserve Bank reiterated that the local currency is at "unjustifiable and unsustainable levels", conditions that need to be met for it to intervene in the foreign exchange market.
A sagging New Zealand dollar will provide an extra boost to the tourism industry, still glowing from a record summer season.
The full impact of the New Zealand dollar's decline over the past few weeks will take time to work its way into the economy.
The New Zealand dollar could fall as low as US60c against the greenback this year following yesterday's official cash rate cut, says a market strategist.
The sharp fall in the New Zealand dollar yesterday, following months of easing, will result in winners and losers.
HSBC chief economist Paul Bloxham, who first coined the phrase "rock star" in January last year to describe New Zealand's economic growth.
How fast and how far interest rates rise will depend in part on the exchange rate, says the Reserve Bank.
The New Zealand dollar has continued its rally, topping 86 US cents and charting a new record on a trade-weighted basis.
The New Zealand dollar ran hot again yesterday, hitting another post-float high on its Trade-Weighted Index (TWI) and raising the possibility of overt Reserve Bank intervention to bring it back down.
Businesses expect the New Zealand dollar to peak around the middle of the year before declining, according to an ASB Bank survey.
The New Zealand dollar jumped to a post-float high on a trade-weighted basis and is poised for a 1.7 per cent weekly gain.