Archive for the Category ‘Investing’

NZ dollar little changed as traders weight local growth prospects, US stimulus

By Tina Morrison June 17 (BusinessDesk) – The New Zealand dollar was little changed as traders weigh growth prospects for the local economy with the possible tapering of stimulus in the US.

NZ dollar gains as US dollar weakens, RBNZ looms

June 13 (BusinessDesk) – The New Zealand dollar rose before the Reserve Bank’s policy statement as investors weighed the prospects for a gradual reduction in momentary stimulus in the US and the greenback dropped against most major currencies.

NZ dollar slumps to 11-month after US jobs growth beats expectations

By Tina Morrison June 10 (BusinessDesk) – The New Zealand dollar dropped to its lowest in almost 11 months after a US jobs report showed the world's largest economy is recovering, spurring demand for the …

RESEND NZ dollar heads for 2.4 percent weekly fall as trans-Tasman currencies fall from favour

(Fixes move against US dollar in 2nd graph) By Paul McBeth June 7 (BusinessDesk) – The New Zealand dollar is heading for a 2.4 percent weekly drop as the trans-Tasman currencies fall out of favour amid …

NZ dollar gains after US manufacturing unexpectedly contracted last month

By Tina Morrison June 4 (BusinessDesk) – The New Zealand dollar gained against the greenback after a report showed US manufacturing unexpectedly contracted in May, denting speculation the Federal Reserve …

NZ Dollar Outlook Kiwi may decline this week as investors favour US assets

By Tina Morrison May 20 (BusinessDesk) – The New Zealand dollar may decline this week as expectations of a US economic recovery lure investors to the world's largest economy and the greenback. The kiwi …

NZ Dollar Outlook Kiwi may fall this week as signs of US recovery support greenback

By Tina Morrison May 13 (BusinessDesk) – The New Zealand dollar may decline this week as a resurgent US currency is buoyed by optimism growth is accelerating in the world's largest economy.

NZ dollar holds at week-high after US jobs stoke growth optimism

May 6 (BusinessDesk) – The New Zealand dollar held at a week-high against the greenback after figures showed the US added more jobs in April and in previous months, helping lift stocks on Wall Street, …

US dollar falls vs euro, yen on economic worries

NEW YORK, April 30 — The dollar fell against the euro and yen on Tuesday after a US Midwest business barometer unexpectedly contracted in April, adding to worries about the economic recovery. Business activity in the US Midwest unexpectedly shrank in April to its lowest level since September 2009, according to the ISM-Chicago Business Survey.

NZ dollar gains as rising stocks, better US housing data lifts risk appetite

April 30 (BusinessDesk) – The New Zealand dollar rose to a two-week high as gains in equity markets in Europe and the US, and signs of growth in the US housing sector helped lift risk appetite and demand …

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