New Zealand Dollar

South Pacific Currencies Up against Yen on Abe’s Victory

Submitted by Marcio Pereira on Mon, 17/12/2012 - 17:00
in

The Aussie climbed against the yen to its strongest level in 19 months after Japan’s opposition leader Shinzo Abe won the lower parliament election held yesterday. The party leadership has expressed its desire to adopt further easing measures...

Unemployment Rate Rises to More-Than a Decade High in N.Z.

Submitted by Tradervox 2 on Fri, 09/11/2012 - 12:43
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Unemployment in New Zealand unexpectedly accelerated to the most in thirteen years, forcing the New Zealand dollar to drop. The results released yesterday show that the economy is faltering hence adding to speculation Reserve Bank of New Zealand may drop interest rates...

South Pacific Currencies Remain Strong on Building Data and Risk Appetite

Submitted by Marcio Pereira on Wed, 31/10/2012 - 17:46
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The New Zealand and Australian dollars remained high against the US dollar after both south pacific countries registered better-than-expected building approvals. The Aussie advanced against most of its peers prior to a report expected to show improvement in China PMI which is a bright spot for exporters in Australia...

Wheeler Wants Weaker Kiwi Without Disrupting Inflation Efforts

Submitted by Tradervox 1 on Fri, 26/10/2012 - 10:47
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The new Reserve Bank of New Zealand Governor Graeme Wheeler signaled in his inaugural address the he wants a weaker New Zealand dollar but without having to resort to unorthodox policies that might disrupt the efforts being made to contain inflation in the country...

South Pacific Dollar Drop on Increased Safety Demand

Submitted by Anonymous on Thu, 04/10/2012 - 10:48
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The Australian dollar dropped to its lowest level against the greenback as Australian Retail Sales grew less than the market was expecting. It weakened against most of its peers as speculation Bank of Australia will make another rate cut rose...

South Pacific Dollars Appreciate Prior as Speculation of China Stimulus Rises

Submitted by Anonymous on Fri, 28/09/2012 - 10:50
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The Australian dollar advanced against most of its major counterparts as speculation of additional stimulus from Chinese government rose. The Aussie appreciated as China’s export prospects rose. The New Zealand dollar increased against the US dollar after the central bank in China injected $58 billion in the economy pushing the Kiwi to its fourth weekly gain...

South Pacific Dollar Down on Risk Aversion

Submitted by Tradervox 2 on Wed, 26/09/2012 - 14:24
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The Australian dollar fell against its major peers today after concerns the political clashes in Europe are hampering growth and the QE3 program will not be enough to spur growth and improve employment in US...

Aussie and Kiwi Drop on Global Growth Concerns

Submitted by Anonymous on Tue, 25/09/2012 - 14:05
in

Chinese growth data and euro-zone concerns have pushed the south pacific dollar down against the greenback, as speculation global growth is slowing rose, limiting the demand for asset related currencies...

South Pacific Dollars Advance against the US Dollar on QE3 Announcement

Submitted by Tradervox 2 on Fri, 14/09/2012 - 17:54
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 The major announcement this week has been the Fed third round of asset purchases. This has increased risk appetite in the market boosting the demand for risk related currencies. The New Zealand dollar strengthened to a 6-month high against the US counterpart as the Australian dollar climbed to a one-month high

RBNZ Keeps Interests Rate Low

Submitted by Tradervox 1 on Thu, 13/09/2012 - 15:11
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Reserve Bank of New Zealand indicated that it might continue with low interest rates through to mid next year, as it seeks to boost economy which has been weakened by slow global economic growth...

 

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