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During the offshore session, the local unit traded in a range between $US0.9238 and $US0.9318. The local unit pushed higher overnight following a speech yesterday by RBA deputy governor Ric Battellino, Bank of New Zealand currency strategist Danica Hampton...
Tags: Reserve Bank of Australia, Ric Battellino, deputy governor, governor ric, nz dollar, NZPA, housing price, economic growth, Bank of New Zealand, The Reserve Bank, Australia, Melbourne, Business Finance, Australian dollar, United States dollar, New Zealand dollar, Dollar, Canadian dollar, Gross domestic product, Affordable housing, Currency, Real estate, Real estate economics, Recessions, Subprime crisis background information, Urban economics, Economic disasters, Fixed exchange rate, Economy of Pakistan, Welsh Housing Crisis, Cent
NZ sharemarket edges up in quiet trade Wednesday November 25, 06:09 PM The New Zealand sharemarket edged ahead today in quiet trading with capital raisings and fixed interest offerings said to be continuing to soak up demand...There were 36 rises and...
Tags: NZPA, sharemarket edged, nz dollar, New Zealand, dollar weakened, edged ahead, quiet trade, Auckland, Business Finance, Mainfreight Limited, Japanese yen, United States dollar, Dow Jones Industrial Average, New Zealand dollar, Australian dollar, Stock market, Dollar, Currency, Euro
The backdrop of rising equities and recovering risk appetite encouraged investors to ditch ‘safe-haven’ currencies like USD and JPY in favour of growth sensitive currencies like NZD,” said Danica Hampton, currency strategist at Bank of New Zealand. “Upbeat...
Tags: NZPA, NZD, inflation expectations, U.S, nz dollar, local unit, narrow range, Bank of New Zealand, domestic session, dollar mixed, New Zealand, Auckland, Foreign exchange market, Australian dollar, Japanese yen, Consumer confidence, Currency, Euro, United States dollar, Business Finance, Gross Domestic Product, Cent, Public finance, Interest rate, Phillips curve, Inflation targeting, Monetary policy, Macroeconomics, Inflation, SKYCITY Entertainment Group Limited, New Zealand dollar
The one-way bet in the U.S. dollar that has lasted several months may be over for now despite distress over its malaise that has stretched from Washington to Paris. The dollar recently hit a 15-month low against a basket of other major currencies. This...
Tags: nz dollar, NZPA, risk appetite, used dollar, New Zealand, Auckland, Australian dollar, Foreign exchange market, World currency, Reserve currency, Currency, United States dollar, Euro, Business Finance, Dollar, Japanese yen, New Zealand dollar, Index, Carry, Bombay Stock Exchange, Index numbers, BSE Sensex, Canadian dollar, Exchange rate, International economics, Macroeconomics, Kiwi, Hong Kong dollar, Chinese yuan, Indonesian rupiah, Central bank, Currency signs, Currencies of China
NZ dollar lower as investors avoid risk Friday November 20, 05:34 PM The New Zealand dollar finished off the lows of the session but the theme of the day was a pullback in risk appetite after global economic data failed to live up to expectations. The...
Tags: local unit, domestic session, unit traded, NZPA, risk appetite, dollar closes, nz dollar, lost ground, offshore session, New Zealand, Auckland, Bond, Australian Securities Exchange, Euro, Futures exchange, Australian dollar, Derivatives, Futures contract, United States dollar, Business Finance, Bank of New Zealand, Dairy farming in New Zealand, Fonterra, New Zealand dollar, Oprah Winfrey, Entertainment Culture, Cent, Stock market
Opposition Leader Phil Goff was a member of the Government that 20 years ago passed a Reserve Bank act that gave the bank the primary objective of price stability. Since then there has been bipartisan support between Labour and National on the monetary...
Tags: NZ Labour, Labour Party, monetary policy, Phil Goff, NZPA, phil goffs, leader phil, Goffs, exchange rate, nz dollar, New Zealand, Auckland, Public finance, Goff, Central bank, Economic policy, Business Finance, Macroeconomics, Inflation, International economics, New Zealand dollar, United States dollar, Australian dollar, Kiwi, Foreign exchange market, Currency, Economic indicators, Economic theories, Politics, Federal Reserve System, Central banks
US0.9268/72, down a touch from yesterday's close of $US0.9290/95...CMC Markets market analyst David Taylor said the unit had been wedged into a tight trading range today because there was little local economic data to give investors direction. "I'm not...
Tags: NZPA, nz dollar, commodity prices, dollar eases, Australia, Sydney, United States dollar, Dollar, Cent, Numismatics, Australian dollar, Recessions, Business Finance, Euro, Kiwi, Currency, New Zealand dollar
Government bond yields were near two-week lows on Wednesday, helped by a drop in US Treasury yields overnight but dealers said trading would be in a narrow range ahead of debt supplies this week. At 9:22 a.m. (0352 GMT), the yield on the 10-year benchmark...
Tags: NZPA, ANZ, bonds yields, BNZ Capital, nz dollar, week lows, government bonds, quiet trade, benchmark bonds, TrustPower Ltd, India, Mumbai, Bond, United States dollar, Business Finance, Tauranga, TrustPower, Bonds, Dollar, Australian dollar, Euro, Currency, New Zealand dollar, Federal Reserve System, Rupee, Ben Bernanke, United States Treasury security, Kiwi, Numismatics, Dollar coin, Short, Foreign exchange market, BSE Sensex
The Indian rupee rode a rising sharemarket and a weakening dollar to reach its highest in nearly a month on Monday, but then unwound most of the gains on a sudden surge in demand for the US unit from importers. The partially convertible rupee ended at...
Tags: ANZ National Bank, NZPA, nz dollar, China, risk appetit, U.S, Bank of New Zealand, India, Mumbai, Macroeconomics, Cent, Economy of India, Economic history of India, Indian rupee, Business Finance, United States dollar, Short, Stock market crashes, Economic history of the People's Republic of China, Dollar, Business New Zealand, Currency, New Zealand dollar, Rupee, Australian dollar, Reserve Bank of Australia, Chinese yuan, Central bank, Euro, Fixed exchange rate, Abercrombie & Fitch, fashion
Treasury Secretary Timothy Geithner telling members of the Asia Pacific Economic Cooperation group in Singapore a strong currency was important to recovery of the world’s largest economy, and that currencies should be “market-oriented” based on their...