Tag Archives: NZ Dollar

The New Zealand dollar climbed after the Reserve Bank of Australia kept rates on hold amid an improving economic recovery, and after retail sales and current account data across the Tasman beat expectations. The kiwi climbed to 82.92 US cents at 5pm in Wellington from 82.38 cents at 8am and 82.11 cent cents yesterday. The trade-weighted index rose to 76.12 …

The New Zealand dollar fell as Italy’s political impasses and the start of spending cuts in the US sapped risk appetite and drove up demand for the greenback. The kiwi fell to 82.28 US cents from 82.42 cents in New York on Friday. The trade-weighted index slipped to 75.71 from 75.85. The White House and the Congress were unable to …

Investors will eye February’s jobs report on Friday for fresh signs that the US economic recovery remains on track despite a range of headwinds – including the budget-cut debate in Washington and the political impasse in Rome. Wall Street keeps flirting with record highs but investors seem hesitant to push stock valuations substantially higher. In the past week, the Dow …

The New Zealand dollar slipped back below 83 US cents after US growth figures came in lower than economists were expecting, weighing on commodities. The International Monetary Fund said it may cut its US forecast if spending cuts kick in on March 1. The kiwi dollar fell to 82.73 US cents from 83.15 cents at 5pm in Wellington yesterday. The …

The New Zealand dollar climbed back above 83 US cents after a bank survey showed local business confidence has continued to improve, and as Australian capital expenditure figures weren’t as bad as investors were prepared for. The kiwi rose to 83.15 US cents at 5pm in Wellington from 82.43 cents at 8am and 82.42 cents yesterday. The trade-weighted index advanced …

The New Zealand dollar fell below 83 US cents and breached a key technical support level on fears the inconclusive Italian election could herald a return to populist, anti-EU policy, which could spread to other indebted nations in the region. The New Zealand dollar fell to 82.58 US cents from 83.39 cents at 5pm in Wellington yesterday. The currency broke …

The New Zealand dollar fell as the threat of a hung Italian Parliament eroded investor confidence, and reignited fears Europe may be in for another sovereign debt scare. The kiwi fell to 83.40 US cents at 5pm in Wellington from 83.62 cents at 8am, and 83.63 cents yesterday. It rose to 63.82 euro cents from 63.41 cents yesterday. Uncertainty over …

The New Zealand dollar rose against the euro on signs of a hung parliament in Italy and tumbled against the yen as Japan’s currency broadly recovered from a sell-off sparked by speculation over the next Bank of Japan governor. The kiwi dollar rose to 63.81 euro cents from 63.40 cents at 5pm in Wellington yesterday and sank to 77.77 yen …

The New Zealand dollar pared losses against the euro in the local session as investors mull the make-up of Italy’s Parliament in the first election since the global financial crisis saw the installation of technocrat executive. The kiwi rose to 63.41 euro cents at 5pm in Wellington from 63.15 cents this morning, and little changed from 63.51 cents on Friday …

The New Zealand dollar declined against the greenback and the yen as equities markets and commodities fell and figures showed the US economy is still growing only weakly. The kiwi dollar fell to 83.17 US cents from 83.42 cents at 5pm in Wellington yesterday. The local currency sank to 77.36 yen from 77.97 yen. The Thomson Reuters/Jefferies CRB Commodity Index …