13
Mortgage rates falling but risks in fixing
Mortgage rates are coming down, say ASB economists, making it risky to fix an interest rate for too long.
12
Why Would NZDUSD Stay in a Range?
The levels holding NZDUSD congestion together are relatively clear. Support is the primary focus for our short horizon, and the horizontal pivot level that is seen with multiple daily lows around 0.5800 offers a straightforward strategy for setti 12
Australian, New Zealand Dollars Slide as U.S. Equities Fall
The Australian and New Zealand dollars fell by the most in more than two weeks as U.S. stocks dropped on a worsening outlook for company earnings, prompting investors to dump higher-yielding assets. 11
Fletcher Profit May Fall 38% on Slowing Construction
Fletcher Building Ltd., the world's biggest maker of laminated building board, said full-year earnings may fall as much as 38 percent as construction spending slows worldwide. 11
NZ Central Bank Injects NZ$500 Million in First Term Auction
New Zealand's central bank today injected NZ$500 million ($287 million) into the nation's banking system in the first of a new weekly term auction facility. 11
NZD continues gradual recovery after steep fall
The New Zealand dollar recovered a little of the ground lost after a rapid fall overnight from above US60c. 11
Bollard Says New Zealand Banks Can Weather Recession
New Zealand's central bank said the nation's banks, facing a global credit freeze, have enough capital to withstand a decline in borrowing and rising loan defaults after the economy fell into a recession. 11
Kiwi dollar plunges
The New Zealand dollar fell rapidly early today against the greenback from around US60.25c to about US58c. 
