New Zealand Dollar News Archive

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.

NZ Dollar Climbs on Expectations of QE3 in US

The New Zealand dollar jumped today on the speculation the US Federal Reserve will perform additional actions to support the faltering nation’s economy.

NZ Dollar Heads for Second Weekly Drop

The US dollar fell today, heading for a second weekly decline, as the problems of the US and Europe makes traders less willing to invest in currencies perceived to be riskier.

Risk Rally Pushes NZD to Records vs. Dollar

The New Zealand dollar reached a new historical maximum against its North American counterpart and grew against some other world currencies today, as the US debt ceiling agreement spurred demand for high-yielding assets.

New Zealand Economy Expands, NZD/USD Jumps to Record

The New Zealand dollar advanced against all 16 most-traded currencies, touching the all-time high versus the US dollar and reaching the highest level since 2005 against the euro, as growth of the New Zealand economy beat estimates.

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