posted by
chloegurl
1206 days ago
in AUD, NZD, Fundamental
made popular 1206 days ago
The New Zealand dollar rose for a third day after the government reported jobless data that was better than some economists were expecting. The Australian currency also advanced.
posted by
KiwiTrader
1207 days ago
in NZD, Fundamental
made popular 1207 days ago
New Zealand will spend NZ$480 million ($247 million) over four years on reforms to business taxes aimed at reducing costs for small and medium-sized companies, Prime Minister John Key said.
posted by
Jorena
1208 days ago
in NZD, Fundamental
made popular 1208 days ago
In early European trading on Tuesday, the New Zealand dollar pared the gains it posted in Asian deals against the currencies of US, Europe and Japan. The kiwi thus eased from a 4-day high against the yen and the greenback.
posted by
KiwiTrader
1208 days ago
in NZD, Special
made popular 1208 days ago
The NZD/USD fell below 0.5000 for the first time in six years last night. The local currency was caught up in a wave of risk aversion amid fresh fears about the European financial sector.
posted by
Valerie
1208 days ago
in NZD
made popular 1208 days ago
The New Zealand Dollar dropped below US50c for the first time in six years overnight, and may have been saved from going lower by snow in London.
posted by
butterscotch
1209 days ago
in NZD, Fundamental, Inflation
made popular 1209 days ago
Monday in Asia, the New Zealand dollar slumped to new multi-year lows against its US and Japanese counterparts after the government said the New Zealand economy will remain in recession until at least March 2009.
posted by
andes
1209 days ago
in NZD, Fundamental
made popular 1209 days ago
New Zealand’s dollar fell to an eight-year low against the yen and traded near its weakest in six years versus the greenback after the government said the economy will remain in recession until at least the end of March.
posted by
sassygirl
1209 days ago
in NZD, Fundamental
made popular 1209 days ago
New Zealand will remain in recession until at least March as business confidence languishes at a historic low and layoffs mount, the government said Monday.
posted by
forexanalysis
1209 days ago
in USD, AUD, NZD
made popular 1209 days ago
The Australian dollar edged down against the currencies of the U.S and New Zealand in early Asian trading on Monday.
posted by
KiwiTrader
1209 days ago
in NZD, Inflation
made popular 1209 days ago
New Zealand wage inflation slowed more than economists expected in the fourth quarter as rising unemployment reduced the pressure on companies to pay more to attract and retain workers.
posted by
vhinz316
1211 days ago
in NZD, Inflation
made popular 1211 days ago
The New Zealand dollar's fall in the aftermath of Thursday's 150 basis point cut in official interest rates steepened yesterday with the currency dropping below the US51c mark for the first time in six years.
posted by
blitz
1212 days ago
in NZD, Fundamental, Inflation
made popular 1212 days ago
Friday, Reserve Bank of New Zealand Governor, Alan Bollard said there is still room for the central bank to cut the official cash rate, or OCR, further in response to adverse economic developments.