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Currencies Stories - Page 24

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NZ dollar edges up ahead of local business confidence, inflation
New Zealand Dollar

NZ dollar edges up ahead of local business confidence, inflation

The New Zealand dollar edged up ahead of business confidence and inflation figures in coming days, as investors gauge the strength of local economy.

By Pattrick Smellie • 3 min read • Mon, 19th Jan 2015
NZ dollar heads for 4.2% decline in 2014, reflecting weaker dairy prices, stronger greenback
NZ Dollar

NZ dollar heads for 4.2% decline in 2014, reflecting weaker dairy prices, stronger greenback

NZ dollar ends 2014 down 4.2%, hit by falling dairy prices and a buoyant US dollar, but may rebound as the local economy shines.

By Pattrick Smellie • 4 min read • Wed, 31st Dec 2014
NZ tractor sales hit decade high in Q3 on record dairy payout, high kiwi
Kiwi

NZ tractor sales hit decade high in Q3 on record dairy payout, high kiwi

New Zealand tractor sales hit their highest level in a decade in the third quarter as farmers benefiting from this year's record milk payout and th.

By Pattrick Smellie • 3 min read • Tue, 2nd Dec 2014

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NZ dollar buoyed by upbeat Chinese trade data after commodity drop
New Zealand Dollar

NZ dollar buoyed by upbeat Chinese trade data after commodity drop

The New Zealand dollar was buoyed by better than expected Chinese trade figures after plunging when investors ditched commodity-linked currencies o.

By Pattrick Smellie • 2 min read • Tue, 13th Jan 2015
NZ dollar gains on Australian trade figures, Chinese services
New Zealand Dollar

NZ dollar gains on Australian trade figures, Chinese services

The New Zealand dollar gained after better than expected Australian trade data and upbeat Chinese services sector figures stoked optimism about dem.

By Pattrick Smellie • 2 min read • Tue, 6th Jan 2015
NZ dollar falls as greenback buoyed on prospect of ECB stimulus
New Zealand Dollar

NZ dollar falls as greenback buoyed on prospect of ECB stimulus

The New Zealand dollar fell as investors rallied behind the greenback on heightened speculation the European Central Bank will ramp up its stimulus.

By Pattrick Smellie • 3 min read • Mon, 5th Jan 2015
NZ dollar holds gains as yield advantage draws investors
Hyperscale

NZ dollar holds gains as yield advantage draws investors

The New Zealand dollar held gains in local trading as the country's high interest rates relative to the rest of the world continue to attract inves.

By Pattrick Smellie • 3 min read • Tue, 30th Dec 2014
YEAR IN REVIEW: Kiwi heads for 2014 decline in year it neared record high
New Zealand Dollar

YEAR IN REVIEW: Kiwi heads for 2014 decline in year it neared record high

The New Zealand dollar is heading for a 5 percent decline against the greenback in 2014, in a year which saw the currency soar close to a post-floa.

By Pattrick Smellie • 3 min read • Tue, 30th Dec 2014
NZ dollar may gain vs. A$ as falling commodities weigh on Australia
New Zealand Dollar

NZ dollar may gain vs. A$ as falling commodities weigh on Australia

The New Zealand dollar may continue to push near decade-highs against its trans-Tasman counterpart as weak commodity prices sap investors' appetite.

By Pattrick Smellie • 2 min read • Wed, 24th Dec 2014
NZ dollar gains vs. A$ as falling commodity prices weigh
Christmas

NZ dollar gains vs. A$ as falling commodity prices weigh

The New Zealand dollar rose above 95 Australian cents as falling oil prices weigh on the Australian economy, whose exports are largely hard commodi.

By Pattrick Smellie • 2 min read • Tue, 23rd Dec 2014
NZ dollar edges up as yields remain attractive
Christmas

NZ dollar edges up as yields remain attractive

The New Zealand dollar edged up against the greenback as traders seek higher yielding assets heading into the New Year after the Swiss National Ban.

By Pattrick Smellie • 2 min read • Mon, 22nd Dec 2014
NZ dollar at 11-month high vs. A$ as central banks vie for lower currency
New Zealand Dollar

NZ dollar at 11-month high vs. A$ as central banks vie for lower currency

The New Zealand dollar rose to an 11-month high against its trans-Tasman counterpart as investors weigh up the competing attempts by the neighbouri.

By Pattrick Smellie • 2 min read • Fri, 19th Dec 2014
NZ dollar pares gain ahead of Fed meeting
New Zealand Dollar

NZ dollar pares gain ahead of Fed meeting

The New Zealand dollar pared overnight gains in local trading as investors look to the outcome, tomorrow morning, local time, of the last US Federa.

By Pattrick Smellie • 3 min read • Wed, 17th Dec 2014
NZ dollar falls as traders eye Fed meeting
New Zealand Dollar

NZ dollar falls as traders eye Fed meeting

The New Zealand dollar fell as traders mulled the prospects for an optimistic US Federal Reserve primed to raise interest rates when it reviews pol.

By Pattrick Smellie • 3 min read • Mon, 15th Dec 2014
Greenback slips to third in NZ's expanded TWI, yuan at second
Reserve Bank of New Zealand

Greenback slips to third in NZ's expanded TWI, yuan at second

The US dollar's weighting has slipped in the Reserve Bank of New Zealand's new trade-weighted index, which adds the Chinese yuan to a line-up of 17.

By Pattrick Smellie • 2 min read • Mon, 15th Dec 2014
NZ dollar drifts lower has slide in crude oil saps risk appetite
Wall Street

NZ dollar drifts lower has slide in crude oil saps risk appetite

The New Zealand dollar fell as the continued decline in crude oil prices stoked concern that global economic growth may be faltering, weighing on e.

By Pattrick Smellie • 3 min read • Mon, 15th Dec 2014
NZ dollar falls to new 2 1/2-year low as Fonterra payout review looms
Kiwi

NZ dollar falls to new 2 1/2-year low as Fonterra payout review looms

The New Zealand dollar fell to a two-and-a-half year low as investors wait for Fonterra Cooperative Group's board to reassess the forecast payout t.

By Pattrick Smellie • 2 min read • Tue, 9th Dec 2014
Japanese investor interest in NZ plumps up Nikko funds
Reserve Bank of New Zealand

Japanese investor interest in NZ plumps up Nikko funds

Nikko Asset Management New Zealand, the local subsidiary of the Japanese investment firm, said funds under management topped $4 billion for the fir.

By Pattrick Smellie • 2 min read • Tue, 2nd Dec 2014