The New Zealand dollar rose for the fourth straight day against its U.S. counterpart and advanced for the second day versus the Australian dollar today, assisted by the signs of the global recession’s easing.
Aussie and Kiwi Gain as Risks Decrease
April 13th, 2009 at 10:56
The currencies of Australia and New Zealand advanced against the Japanese yen and the U.S. dollar on the Forex market today as the traders clearly favored risk-ridden high-yielding assets despite the mixed stock trading session results in Asia.
NZD Reaches Highest since Early January
April 06th, 2009 at 9:08
The New Zealand dollar rose to the highest level since early January 2009 today, backed by the support from the continuously growing emerging and developed stock markets.
Aussie Rises to New Monthly Maximums
March 17th, 2009 at 15:57
The Australian dollar reached the new monthly maximum the Japanese yen as the stock markets signaled growth for a third day on improved earnings of the banks.
New Zealand Dollar Surges to Monthly High
March 13th, 2009 at 11:29
The New Zealand dollar propelled to the monthly high against the U.S. dollar today, rising for the second day, as the stock marked continued to grow globally, improving the appeal of the higher yielding currencies.
Aussie Rises as RBA Leaves Rate Unchanged
March 03rd, 2009 at 11:00
The Australian dollar went up against all other major currencies today after the country’s central bank decided to leave the policy interest rate unchanged, unexpectedly stopping its most aggressive rate-cutting streak.
AUD Gains for 2nd Day as Confidence Grows
February 19th, 2009 at 9:56
The Australian dollar showed the second day of growth against the U.S. dollar and the Japanese yen today as the traders feel a growing confidence in the Australian economy after the much-needed stimulus package has been adopted there.
AUD Grows on Possible Rate Bottom
February 06th, 2009 at 10:34
The Australian dollar is currently heading for a first weekly gain against the U.S. dollar this year as the traders believe that the bottom in the interest rates is near and the country’s economy will begin recovering soon with the help of the government’s stimuli.
New Zealand Dollar Corrects vs. All Majors
February 05th, 2009 at 12:16
The New Zealand dollar went up against all other major currencies today as the country’s jobless report wasn’t as bad as some traders expected and the kiwi needed to correct after some of its greatest losses.
Australian Dollar Grows after Rate Cut
February 03rd, 2009 at 12:07
The Australian dollar gained today against the other currencies on the Forex market after the country’s central bank cut the interest rate to the lowest level in decades and the government announced a stimulus package for the economy.
