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New Zealand Dollar Stories - Page 4

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New Zealand Dollar stories

Inflation target at 2% risks overheated economy, says BNZ
Bank of New Zealand

Inflation target at 2% risks overheated economy, says BNZ

Targeting 2 percent annual inflation could force the Reserve Bank of New Zealand to cut interest rates too sharply and overheat the economy, says Bank.

By Pattrick Smellie • 4 min read • Fri, 27th Mar 2015
NZ dollar reverses overnight gain on weaker dairy price concerns
New Zealand Dollar

NZ dollar reverses overnight gain on weaker dairy price concerns

The New Zealand dollar fell as dairy futures weakened, raising concern about the outlook for the country's largest export commodity.

By Pattrick Smellie • 2 min read • Fri, 27th Mar 2015
NZ dollar extends slide against euro, greenback as Yellen speech awaited
New Zealand Dollar

NZ dollar extends slide against euro, greenback as Yellen speech awaited

The New Zealand dollar extended its slide against the euro after a stronger-than-expected survey of German business confidence left traders short of t.

By Pattrick Smellie • 2 min read • Thu, 26th Mar 2015
NZ dollar falls vs euro after positive German business confidence survey
New Zealand Dollar

NZ dollar falls vs euro after positive German business confidence survey

The New Zealand dollar declined against the euro after a positive survey of German business confidence bolstered investor sentiment about Europe's lar.

By Pattrick Smellie • 2 min read • Thu, 26th Mar 2015
NZ dollar slips after Chinese manufacturing data, seen resuming climb
Manufacturing

NZ dollar slips after Chinese manufacturing data, seen resuming climb

Kiwi dollar dips amid weak Chinese manufacturing data, yet analysts foresee potential rally against Aussie dollar.

By Pattrick Smellie • 2 min read • Tue, 24th Mar 2015
NZ dollar rises to new records vs. euro and Aussie
New Zealand Dollar

NZ dollar rises to new records vs. euro and Aussie

The New Zealand dollar rose to a new record against the euro ahead of a key meeting between Greek Prime Minister and German chancellor.

By Pattrick Smellie • 3 min read • Mon, 23rd Mar 2015
NZ lamb wool prices fall from 4-year high as higher kiwi makes local wool more costly
Supply Chain

NZ lamb wool prices fall from 4-year high as higher kiwi makes local wool more costly

New Zealand lamb wool prices fell from a four-year high at auction last week as a rising local currency made the fibre more expensive.

By Pattrick Smellie • 2 min read • Mon, 23rd Mar 2015
NZ dollar sets new records against Aussie, euro
New Zealand Dollar

NZ dollar sets new records against Aussie, euro

The New Zealand dollar set new records against the euro and the Australian dollar as investors sold the greenback on concern the US may hike interest.

By Pattrick Smellie • 2 min read • Mon, 23rd Mar 2015
NZ dollar gains as more-cautious Fed prompts clean-out of long greenback positions
NZX

NZ dollar gains as more-cautious Fed prompts clean-out of long greenback positions

Kiwi currency soars as Fed's cautious stance leads to US dollar sell-off, with traders abandoning bullish bets.

By Pattrick Smellie • 2 min read • Thu, 19th Mar 2015
NZ dollar falls after dairy prices drop; Fed, GDP loom
New Zealand Dollar

NZ dollar falls after dairy prices drop; Fed, GDP loom

The New Zealand dollar fell after prices of dairy products dropped more than some expected in the GlobalDairyTrade auction overnight and as the market.

By Pattrick Smellie • 2 min read • Wed, 18th Mar 2015
NZ dollar gains vs. Australian dollar on RBA rate view, as dairy auction, Fed awaited
New Zealand Dollar

NZ dollar gains vs. Australian dollar on RBA rate view, as dairy auction, Fed awaited

The New Zealand dollar gained against the Australian dollar after minutes of the last Australian central bank meeting showed it considered cutting int.

By Pattrick Smellie • 2 min read • Wed, 18th Mar 2015
NZ current account deficit widens in 4th-qtr, as foreign companies earn more
New Zealand Dollar

NZ current account deficit widens in 4th-qtr, as foreign companies earn more

New Zealand's current account deficit swells to NZD $2.6 billion in Q4, driven by higher foreign earnings from local investments amid a growing economy.

By Pattrick Smellie • 3 min read • Wed, 18th Mar 2015
NZ dollar falls after prices decline at global dairy auction
New Zealand Dollar

NZ dollar falls after prices decline at global dairy auction

The New Zealand dollar slid following an 8.8% decline in dairy prices at the GlobalDairyTrade auction, highlighting concerns over the country's key export.

By Pattrick Smellie • 2 min read • Wed, 18th Mar 2015
Dairy product prices drop as supply concern eases
Fonterra

Dairy product prices drop as supply concern eases

Dairy product prices dropped in the latest GlobalDairyTrade auction amid expectations that the supply of milk powder will not be as constrained as pre.

By Pattrick Smellie • 2 min read • Wed, 18th Mar 2015

Global Stories

New Zealand Dollar stories

NZ dollar hits new record against Aussie, stoking parity speculation
Reserve Bank of New Zealand

NZ dollar hits new record against Aussie, stoking parity speculation

The New Zealand dollar touched a new record against the Australian dollar overnight, renewing speculation about the possibility of parity.

By Pattrick Smellie • 3 min read • Tue, 24th Mar 2015
NZ Dollar Outlook: Traders split on kiwi direction amid volatility
Housing

NZ Dollar Outlook: Traders split on kiwi direction amid volatility

The New Zealand dollar has recently been at the mercy of US dollar volatility and analysts are split on what direction it may take this week.

By Pattrick Smellie • 3 min read • Mon, 23rd Mar 2015
NZ dollar slides as traders buy back US dollar after Fed
Bank of New Zealand

NZ dollar slides as traders buy back US dollar after Fed

The New Zealand dollar slid along with other major currencies against the US dollar, as investors bought back the greenback after selling it.

By Pattrick Smellie • 2 min read • Fri, 20th Mar 2015
NZ dollar jumps against greenback after cautious Fed statement
Bank of New Zealand

NZ dollar jumps against greenback after cautious Fed statement

The New Zealand dollar jumped more than one US cent after the Federal Reserve was more cautious than expected about a revival in the US economy and th.

By Pattrick Smellie • 2 min read • Thu, 19th Mar 2015