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Foreign exchange (Forex) Stories - Page 16

Kiwi Stories

Foreign exchange (Forex) stories

NZ dollar jumps almost 2 US cents after whole milk powder prices rise in GDT auction
Fonterra

NZ dollar jumps almost 2 US cents after whole milk powder prices rise in GDT auction

The New Zealand dollar surged nearly 2 US cents after whole milk powder prices jumped 19.2% at the GDT auction, boosting Fonterra's payout forecasts.

By Pattrick Smellie • 3 min read • Wed, 4th Feb 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 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
UPDATE: NZ dollar tumbles after Fed's Yellen indicates rate hikes are coming
New Zealand Dollar

UPDATE: NZ dollar tumbles after Fed's Yellen indicates rate hikes are coming

The New Zealand dollar tumbled about 1 US cent after US Federal Reserve chair Janet Yellen indicated higher US interest rates are coming, and was m.

By Pattrick Smellie • 2 min read • Thu, 18th Dec 2014
NZ dollar little changed vs. Australian dollar after RBA talks down currency
Inflation

NZ dollar little changed vs. Australian dollar after RBA talks down currency

The New Zealand dollar was little changed against its trans-Tasman counterpart after the Reserve Bank of Australia kept its key rate at a record lo.

By Pattrick Smellie • 2 min read • Tue, 2nd Dec 2014
NZ dollar rises to record vs. ruble after OPEC decides not to cut oil production
Kiwi

NZ dollar rises to record vs. ruble after OPEC decides not to cut oil production

The New Zealand dollar rose to a record against the Russian ruble amid concerns about the outlook for the Russian economy after OPEC decided agains.

By Pattrick Smellie • 2 min read • Fri, 28th Nov 2014
NZ Dollar Outlook: Kiwi may consolidate as RBNZ weighs in on upbeat trend
Reserve Bank of New Zealand

NZ Dollar Outlook: Kiwi may consolidate as RBNZ weighs in on upbeat trend

The New Zealand dollar may hold around current levels this week as traders anticipate Reserve Bank governor Graeme Wheeler could take aim at its re.

By Pattrick Smellie • 3 min read • Mon, 10th Nov 2014

Global Stories

Foreign exchange (Forex) stories

NZ dollar rises to 4-week high vs Aussie as investors favour higher kiwi yields
New Zealand Dollar

NZ dollar rises to 4-week high vs Aussie as investors favour higher kiwi yields

The New Zealand dollar rose to its highest in almost four weeks against the Australian dollar as investors favoured the higher yields on offer in N.

By Pattrick Smellie • 2 min read • Wed, 11th Feb 2015
NZ dollar little changed as traders mull ECB's pledge
New Zealand Dollar

NZ dollar little changed as traders mull ECB's pledge

The New Zealand dollar was little changed in quiet trading with Japanese markets closed and as traders mulled European Central Bank president Mario.

By Pattrick Smellie • 2 min read • Mon, 24th Nov 2014