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.
Canadian Dollar Retreats in Forex Trading
October 06th, 2011 at 13:21
The Canadian dollar is retreating in forex trading, falling against major counterparts including the US dollar. Loonie is also struggling against other commodity currencies, dropping as it is used to fund purchases of the New Zealand dollar and Australian dollar.
Stocks Rally, AUD & NZD Happy
October 06th, 2011 at 8:36
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
September 30th, 2011 at 12:11
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
September 29th, 2011 at 10:59
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.