Sunday, 26 May 2013
Swiss Franc New Zealand Dollar
The New Zealand dollar is looking to make gains this week, as investors are drawn to the relative outperformance of the local economy in a week front-loaded with risk around Cyprus's deadline to agree terms for a bailout.
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05:34 | 19/3/13
New Zealand Herald
"As evident during the global financial crisis, the free-floating New Zealand dollar provides an additional cushion against external shocks, including disruptions to offshore funding and negative terms of trade shocks, with widespread hedging by banks ...
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18:16 | 18/3/13
Wall Street Journal
WELLINGTON--The New Zealand dollar was trading higher late Monday but gains were pared in the Asian session as markets absorbed the implications of a controversial new bailout plan proposed in Cyprus, which includes a one-time tax on bank deposits.
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13:29 | 18/3/13
Businessweek
The Australian and New Zealand dollars fell, halting two days of gains, after an unprecedented levy on Cypriot banks raised concern a new round in Europe's debt crisis will damp demand for higher-yielding assets.
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08:27 | 13/3/13
Bloomberg
The New Zealand dollar may gain against its Australian counterpart on speculation Reserve Bank of New Zealand Governor Graeme Wheeler may signal a bias toward higher interest rates in a statement tomorrow, according to Citigroup Inc. and UBS AG.
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Local businesses expect that the local currency will spike in the middle of this year, helping importers, the results of ASB Bank survey reveal.
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The New Zealand dollar may fall with the greenback expected to blossom on the strength of last weeks' jobs report, and as drought looks set to hold back the local economic recovery.
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The New Zealand dollar fell after stronger than expected US nonfarm payrolls stoked speculation the Federal Reserve may start to withdraw its stimulus programmes, helping lift demand for the greenback.
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05:02 | 4/3/13
Stuff.co.nz
One of the barriers to further growth in the market is the cost and the strength of the New Zealand dollar. Fern Panthkapairoj, from Thailand, enrolled to study English at the Campbell Institute with the aim of finding a job at an international firm ...
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23:47 | 28/2/13
Future Currency Forecast
The New Zealand Dollar's gains were triggered by an optimistic business confidence survey. The ANZ Business Outlook data revealed that business confidence hit a 19-month high in February, with firms feeling more positive about their own activity.
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