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Tag Archives: NZ Dollar

NZ dollar heads for 1.8% weekly decline as Greek referendum looms

The New Zealand dollar is heading for a 1.8 percent weekly decline as financial markets remain volatile ahead of Greece’s referendum on whether to accept a bailout package from its European creditors, and as the wheels start coming off the local economy. The kiwi dropped to 67.18 US cents at 5pm …

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NZ dollar sets new records against Aussie, euro

By Tina Morrison   March 23 (BusinessDesk) – The New Zealand dollar set new records against the euro and the Australian dollar as investors sold the greenback on concern the US may hike interest rates later than previously expected.   Over the weekend, the kiwi touched a post-float record 97.46 …

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NZ Dollar Outlook: Kiwi may decline this week as Fed, GDP loom

The New Zealand dollar, which has declined 2.5 percent so far this month, may slip further this week with the Federal Reserve expected to signal interest rate rises are not far off. The kiwi may trade between 71.30 US cents and 75.20 cents, according to a BusinessDesk survey of 11 currency …

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