| NZ dollar tumbles despite interest rates hike The New Zealand dollar tumbled after Reserve Bank Governor Alan Bollard said interest rate increases will be more moderate than he had previously flagged and said the currency's strength is inconsistent with the weaker economic outlook.Bollard... nzherald.co.nz |
NZ dollar drifts lower The New Zealand dollar was weak today as investors ditched all manner of risky assets, including higher-yielding currencies and stocks, but it finished off session lows.By 5pm today the NZ dollar was buying US71.27c, down from... nzherald.co.nz |
Yen s dip hints at intervention [at Financial Times] - A short and sharp drop in the yen caused excitement in currency markets, driving intense speculation that the finance ministry had once more intervened to weaken the currency. us.rd.yahoo.com |
NZ dollar tops US75c as weak US jobs data adds to greenback's woes The New Zealand dollar rose above 75 US cents overnight for the first time since October 2009 after weak American jobs data spurred speculation the Federal Reserve will print more money next month.Investors' appetite for the greenback... nzherald.co.nz |
Currencies: Dollar extends its loss The greenback gives back most of the gains logged in the wake of China's tightening move. us.rd.yahoo.com |