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New Zealand Dollar Stories - Page 4

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New Zealand Dollar stories

NZ lamb wool prices jump to 4-year high, aided by Chinese demand, US dollar strength
New Zealand Dollar

NZ lamb wool prices jump to 4-year high, aided by Chinese demand, US dollar strength

New Zealand lamb wool prices jumped to the highest in more than four years at auction yesterday on increased demand from China for the apparel fibre,.

By Pattrick Smellie • 2 min read • Fri, 13th Mar 2015
NZ dollar jumps more than 1 US cent after RBNZ said rates could go 'up or down'
New Zealand Dollar

NZ dollar jumps more than 1 US cent after RBNZ said rates could go 'up or down'

The New Zealand dollar jumped more than 1 US cent after Reserve Bank governor Graeme Wheeler kept interest rates on hold and reiterated that future mo.

By Pattrick Smellie • 2 min read • Thu, 12th Mar 2015
NZ dollar falls after RBNZ looks for ways to curb residential property investment
Reserve Bank of New Zealand

NZ dollar falls after RBNZ looks for ways to curb residential property investment

The New Zealand dollar fell after the Reserve Bank said it is looking at ways to curb lending to residential property investors, which could pave the.

By Pattrick Smellie • 3 min read • Fri, 6th Mar 2015

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New Zealand Dollar stories

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
NZ dollar touches record against euro after start of ECB bond-buying programme
New Zealand Dollar

NZ dollar touches record against euro after start of ECB bond-buying programme

The New Zealand dollar touched a record against the euro as the European common currency slumped in the first week of the European Central Bank's bond.

By Pattrick Smellie • 2 min read • Mon, 16th Mar 2015
NZ dollar heads for 0.3% weekly gain as RBNZ's Wheeler disappoints pessimists
New Zealand Dollar

NZ dollar heads for 0.3% weekly gain as RBNZ's Wheeler disappoints pessimists

Graeme Wheeler yesterday disappointed traders betting on a gloomy outlook for the local economy when he kept the key rate unchanged.

By Pattrick Smellie • 2 min read • Fri, 13th Mar 2015
NZ dollar extends gains after upbeat RBNZ, weaker US retail sales
Reserve Bank of New Zealand

NZ dollar extends gains after upbeat RBNZ, weaker US retail sales

The New Zealand dollar extended its gains overnight after the Reserve Bank's better-than-expected outlook for the local economy and as the greenback d.

By Pattrick Smellie • 2 min read • Fri, 13th Mar 2015
NZ dollar gains after RBNZ's Wheeler keeps rates uncanged, upbeat on local outlook
Reserve Bank of New Zealand

NZ dollar gains after RBNZ's Wheeler keeps rates uncanged, upbeat on local outlook

The New Zealand dollar gained after Reserve Bank governor Graeme Wheeler kept the benchmark interest rate unchanged, saying the local economy was in a.

By Pattrick Smellie • 2 min read • Thu, 12th Mar 2015
NZ dollar drops to 5-week low ahead of RBNZ as greenback surges
Reserve Bank of New Zealand

NZ dollar drops to 5-week low ahead of RBNZ as greenback surges

The New Zealand dollar dropped to a five-week low ahead of the Reserve Bank decision on interest rates today as the greenback surged to a 12-year high.

By Pattrick Smellie • 2 min read • Thu, 12th Mar 2015
NZ dollar drops to month low on dairy concern, US dollar strength
New Zealand Dollar

NZ dollar drops to month low on dairy concern, US dollar strength

The New Zealand dollar dropped to a month low after the government yesterday revealed threats to contaminate infant formula with poison, raising conce.

By Pattrick Smellie • 3 min read • Wed, 11th Mar 2015
NZ listed company earnings underwhelm analysts in market priced for stronger growth
Health Technologies

NZ listed company earnings underwhelm analysts in market priced for stronger growth

New Zealand's listed companies beat earnings estimates on average in the latest results season, but still fell short of the bullish growth expectation.

By Pattrick Smellie • 3 min read • Tue, 10th Mar 2015
NZ Dollar Outlook: Kiwi may decline on greenback strength as RBNZ remains on hold
Jobs

NZ Dollar Outlook: Kiwi may decline on greenback strength as RBNZ remains on hold

The New Zealand dollar may decline this week as the greenback strengthens on optimism the US economy is gearing up for interest rate rises.

By Pattrick Smellie • 2 min read • Mon, 9th Mar 2015
Serko says full-year revenue to miss forecast, warns on 2016 sales
Serko

Serko says full-year revenue to miss forecast, warns on 2016 sales

Serko, the online online travel booking business, warned annual revenue will miss its prospectus forecast by up to 6 percent as some billable services.

By Pattrick Smellie • 2 min read • Mon, 9th Mar 2015
NZ dollar tumbles after strong US jobs data increases chances of Fed hike in June
New Zealand Dollar

NZ dollar tumbles after strong US jobs data increases chances of Fed hike in June

The New Zealand dollar fell to its lowest in more than three weeks as the greenback soared after better-than-expected US jobs data boosted speculation.

By Pattrick Smellie • 2 min read • Mon, 9th Mar 2015
NZ dollar heads for 0.9% weekly decline as US jobs data looms
New Zealand Dollar

NZ dollar heads for 0.9% weekly decline as US jobs data looms

US figures will provide a gauge on the strength of the world's biggest economy and give the greenback its next cue for a direction.

By Pattrick Smellie • 3 min read • Fri, 6th Mar 2015