New Zealand Dollar News Archive

Stocks Rally, AUD & NZD Happy

The Australian and New Zealand dollar extended their rally today, rising against the US dollar for the third day, as stocks advanced amid renewed risk appetite of investors.

New Zealand Dollar Falls on S&P and Fitch Downgrades

The New Zealand dollar fell today, reaching the lowest level vs. the US currency in almost 6 months, following the sovereign credit rating downgrades performed by Standard & Poor’s and Fitch Ratings agencies.

Asian Stocks Push AUD, NZD Up

Both the Australian and the New Zealand dollars appear to be benefiting from the Asian stock market recovery, rising from the yesterday’s strong fall.

NZ Dollar Drops as Economic Growth Stalls

The New Zealand dollar slumped today after the report showed that the nation’s economic growth almost stalled in the second quarter of this year.

NZ Dollar Falls as Current Account Deficit Widens

The New Zealand dollar dropped today after the government report showed the nation’s current account deficit widened in the second quarter of this year.

NZD Gains as RBNZ Shows Optimism for New Zealand Economy

The New Zealand dollar jumped today after the Reserve Bank of New Zealand maintained its interest rates yesterday and signaled that the good health of the nation’s economy can lead to higher rates in the future.

NZD Follows Food Prices in Decline

The New Zealand dollar fluctuated against the US dollar and dropped against the Japanese yen after the report showed that food prices in New Zealand fell last month.

New Zealand Dollar Falls as Concerns About Greece Intensify

The New Zealand dollar dropped today as growing concerns that Greece will face default caused a decline of stocks and sap demand from higher-yielding assets.

Building Permits in Australia & New Zealand Rise, Aussie & Kiwi Gain

The Australian and New Zealand currencies rose today, before declining later, after the reports showed that number of building permits in these countries increased in July.

German Business Climate Makes NZ Dollar Less Attractive

The New Zealand dollar fell today as the unfavorable report about business climate in Germany decreased appeal of higher-yielding currencies.

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