The New Zealand dollar jumped today against all other most-traded currencies after the nation’s Prime Minister was reelected with his party, spurring hopes that he’ll be able to improve the country’s budget balance.
NZ Dollar Drops as Sentiment Remains Unfavorable
November 23rd, 2011 at 11:17
The New Zealand dollar fell today as the continuing problems in the European Union ensure that risk aversion sentiment remains in place, damping the attractiveness of the currencies related to economic growth.
Retail Sales Boost New Zealand Dollar
November 14th, 2011 at 13:57
The New Zealand dollar jumped today after the government report showed yesterday that the retail sales increase in the third quarter.
NZ Dollar Falls as Greece Hurts Market Sentiment
November 02nd, 2011 at 16:37
The New Zealand dollar retreated today as the concerns about the Greek referendum continue to plague markets and the Asian stocks declined.
RBNZ Signals About Possible Interest Rates Hike, NZD Higher
October 27th, 2011 at 3:37
The New Zealand dollar gained today, extending its rally for the second day, after the Reserve Bank of New Zealand key its target interest rate unchanged, but suggested that an increase is possible in the future.
NZD Reverses Rally as Inflation Slows
October 25th, 2011 at 2:16
The New Zealand dollar fell today, following the yesterday’s rally, after the government report showed the inflation slowed more than expected in the third quarter.
NZD Goes Up on EFSF Intervention Guideline
October 21st, 2011 at 1:46
The ever-shifting mood among Forex market participants, caused by the uncertain prospects for a resolution of the European struggle with debt, translates into violent swings and an unpredictable behavior of currencies. The behavior of the New Zealand dollar wasn’t very different, yet the currency managed to gain as there was a reason for optimism.
AUD & NZD Feel Weight of Spain’s Downgrade
October 14th, 2011 at 2:57
The Australian and New Zealand dollars retreated today after Standard and Poor’s cut Spain’s credit rating yesterday, damping risk appetite on the Forex market.
Housing Data & Asian Stocks Rescue AUD & NZD
October 12th, 2011 at 12:05
The currencies of Australia and New Zealand pared their previous losses today as the positive housing data and the advance of Asian stocks returned appeal to AUD and NZD.
Australian and New Zealand Dollars Head to Weekly Gain
October 07th, 2011 at 8:39
The Australian and New Zealand currencies gained today, heading to weekly gain, as stocks rallied after the central banks of the European Union and Great Britain made efforts to stimulate economies of their nations.
