The New Zealand dollar climbed today, reaching the all-time high versus the euro, after positive employment data from the United States bolstered risk appetite among Forex traders, making them prefer higher-yielding currencies.

The New Zealand dollar closed higher versus its US counterpart as nation’s trade balance posted an unexpected surplus last month. The currency closed lower against the euro and the Japanese yen.

The New Zealand dollar retreated today as virtually all macroeconomic reports from New Zealand were negative this week, making the currency less attractive for Forex traders.

The New Zealand dollar gained after China’s inflation decelerated, spurring speculation that China will stimulate the slowing economic growth, boosting prospects for New Zealand exports.

The New Zealand dollar surged today as the positive reports about China’s and US manufacturing made more attractive currencies related to growth, the New Zealand one among them.

The New Zealand dollar advanced today against most major currencies as global stocks gained and outlook for the US economy remained positive, increasing demand for higher-yielding assets.

The New Zealand dollar advanced today, extending its gains from yesterday, as Forex market participants felt a bit more optimistic about Europe and favored higher-yielding assets. The resulting rally of the global stocks was also beneficial to the currency.

The New Zealand dollar edged higher today after the fundamental reports from Europe improved the market sentiment somewhat, while the report about the US retail sales later today is expected to show growth. The currency dropped heavily yesterday.

The New Zealand dollar fell today, as well as most other currencies, as the prospects for credit rating downgrades by Standard & Poor’s hurt Forex traders’ confidence and willingness to buy riskier currencies.

The New Zealand dollar extended its gains today as the positive sentiment continues to reign the Forex market, bolstering the demand for the currencies linked to growth.