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.

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.

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.

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.

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.

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.

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.

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.

The New Zealand dollar slumped today after the report showed that the nation’s economic growth almost stalled in the second quarter of this year.

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.