Archive for the Category ‘Business’

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 …

NZ dollar gains at start of risk-heavy week with central banks, US employment

By Paul McBeth April 29 (BusinessDesk) – The New Zealand dollar gained at the start of what's shaping up to be a risk-heavy week with central bank meetings and US employment figures threatening to disappoint …

NZ dollar weakens as US GDP disappoints, Italy gets new govt

April 29 (BusinessDesk) – The New Zealand dollar weakened after US first-quarter economic growth came in weaker than expected and Italy ended a two-month political stalemate with the creation of a new coalition government.

NZ dollar weakens as US GDP disappoints, Italy ends political stalemate

April 29 (BusinessDesk) – The New Zealand dollar weakened after US first-quarter economic growth came in weaker than expected and Italy ended a two-month political stalemate with the creation of a new …

Euro Drops to a 2-Week Low on More Bad News from Germany

German IFO business climate survey for April disappoints at 104.4; most of the Euro losses were quickly erased…

Euro at Risk of Deeper Losses if German IFO Data Underperforms

The Euro may decline further if the German IFO business confidence gauge falls short of expectations, stoking ECB interest rate cut expectations.

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