NZ dollar

Stronger kiwi will hurt, says broker

New Zealand manufacturers are likely to be hurt hard as the kiwi continues to strengthen against the Australian currency, Craigs Investment Partners broker Chris Timms says.

Kiwi expected to peak against US dollar soon, survey indicates

Kiwi expected to peak against US dollar soon, survey indicates

New Zealand businesses expect the New Zealand dollar to peak in September against its United States counterpart, the latest ASB Kiwi Dollar Barometer shows.

Falling kiwi suits exporters

Exporters will continue to feel less pain as the New Zealand dollar continues to fall after a United States jobs report showed the world's largest economy is recovering, leading to growing demand for the US currency.

Prediction kiwi could reach US90c

Prediction kiwi could reach US90c

Exporters and manufacturers face a double currency hammer blow from the strong New Zealand dollar weighing in against its counterpart Australian and United States dollars.

NZ and Australian dollars trading flatly against major currencies

Following the New Year boost to the respective strength of the New Zealand and Australian dollars, they are now trading flatly against the world's major currencies as the United States addresses its looming debt ceiling crisis.

NZ dollar tumbles

The New Zealand dollar tumbled, as investors chose safer investments amid signs of a weakening global economy and concerns over European banks' exposure to euro zone debt.

Big early fall for sharemarket

Big early fall for sharemarket

The New Zealand sharemarket continued its big moves of recent days in early trading, wiping out much of yesterday's gains, after more sharp declines on world exchanges.

Sharemarket surges on US lead

The New Zealand sharemarket roared higher in early trading, following the lead of Wall Street where stocks surged into the close after the Federal Reserve pledged two more years of near-zero interest rates.

NZ dollar under pressure as risk aversion grows

The New Zealand dollar has briefly touched a one-year high against its Australian counterpart and weakened against the euro, with investors growing increasingly risk averse as poor economic data keeps coming in the United States.

Reducing Govt debt seen as crucial

Reducing Govt debt seen as crucial

Getting government spending under control and having a lower official cash rate were key to getting the value of the New Zealand dollar back to a sustainable level, Act New Zealand leader Don Brash said yesterday.

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