
NZ dollar slides to three-month low against Aussie
The kiwi touched a three-month low against its trans-Tasman counterpart after better-than-expected Australian growth data.
The kiwi touched a three-month low against its trans-Tasman counterpart after better-than-expected Australian growth data.
The New Zealand dollar is heading for a 2 per cent gain against the greenback as investors continue to scale back their bets on the world's reserve currency.
Digital legal tender could combine the inventiveness of private virtual currencies with the stability of a government mint.
The New Zealand dollar hit a three-week high against the yen after the Bank of Japan introduced a negative interest rate policy, weakening its currency.
The New Zealand dollar is heading for a 1 per cent gain against the greenback this week as commodity currencies came back into favour on the prospect of further stimulus in Europe and a rebound in oil prices.
The Kiwi dollar has started the new year weaker as concerns about the Chinese economy and heightened tensions in the Middle East prompted investors to sell higher risk assets.
What's in store for 2016? We'll probably see the first bitcoin company valued at more than $1 billion.
The New Zealand dollar jumped to a three-month high against the euro on speculation the European Central Bank may ease monetary conditions further.
The kiwi fell to 66.74 US cents as at 5pm in Wellington from 66.97 cents yesterday. The trade-weighted index fell to 71.45 from 71.57 yesterday.