currency rates

Kiwi holds near recent lows as Cyprus fears sap risk appetite

Mon 18 Mar 13

The Cyprus announcement bringsthe focus back on to Europe, which is still struggling to find common ground on the region's debt crisis.

Kiwi declines as US unemployment, Euro elections loom

Fri 4 May 12

The kiwi is poised for a 2.7% fall over the week as investors prepare for US jobs figures and general elections in France and Germany at the weekend.

NZ dollar falls after weak American private payroll figures

Thu 3 May 12 2

The kiwi fell after weaker-than-expected US private sector jobs figures sapped appetite for riskier assets, ahead of local employment data that may show the NZ jobless rate is unchanged.

Kiwi poised for 0.5% monthly gain as RBA rate cut looms

Mon 30 Apr 12

The kiwi is poised to have gained 0.5% in April as markets prepare for a likely rate cut by the Reserve Bank of Australia tomorrow and the euro-zone contends with fears of another sovereign debt crisis.

Kiwi gains as traders call Bollard's bluff on rates cut

Thu 26 Apr 12 2

The kiwi gained in local trading despite an attempt to Reserve Bank governor Alan Bollard to talk down the currency when he kept interest rates at their record low level today.

Kiwi gains - Fed sees moderate growth

Thu 26 Apr 12

The kiwi rose ahead of the central bank’s review of interest rates and after the Federal Reserve said it saw “moderate” growth in the US economy, though with downside global risks.

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