Kiwi dollar could equal Australian
The Kiwi dollar is heading towards parity with the Australian; good news for tourists, bad news for exporters.
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Latest from Currency
NZ dollar slumps to 4-year low
The New Zealand dollar is headed for a 2.1 per cent weekly decline against the US dollar, having hit a four-year low after the Reserve Bank on Thursday removed its bias for higher interest rate.
Kiwi dollar touches four-year low
The New Zealand dollar is touching a four-year low after the Reserve Bank abandoned its bias for raising interest rates and said a rate cut was a possibility.
Russia's credit rating cut to junk
Russia’s foreign-currency credit rating has been cut to junk by Standard & Poor’s, putting it below investment grade for the first time in a decade.
Danes fight back against speculators
Denmark is trying to silence currency speculators as its government and central bank insist it won't follow Switzerland in severing its euro ties.
NZ dollar hits record high against euro
The NZ dollar rose to its highest level in more than six weeks against the greenback, and touched a record 67.45 euro cents after a Swiss move overnight.
Meat export rise shrinks trade deficit
New Zealand posted its smallest November trade deficit in four years, beating economist forecasts, as falling dairy prices were offset by a rise in meat exports.
Nick McDonald: Is leverage good or bad?
Leverage in trading is a good tool for those who use it properly. It is even better than good, it can be great.
Nick McDonald: Chicago derivatives industry report
What we can learn from our experienced counterparts in the US about futures and options trading.
Nick McDonald: Lessons from a trading legend
With more than 50 years' trading under his belt, US trading legend Larry Pesavento has learned a few things about the markets.
Nick McDonald: John Key's Forex genius
Whether it is John Key pulling the strings or not, there are smart minds at work in the NZ currency market, writes Nick Mcdonald.
Kiwis wealthier thanks to dollar
Strong growth in the New Zealand dollar and increasing property values have translated to a boom in personal wealth for Kiwis, according to a new global wealth report.
Nick McDonald: Two Traders and a Fisherman
What happens when two traders who love to fish spend 24 hours in close quarters with a skipper whose life is dedicated to fishing?
Travellers urged to get cash
If you're planning a trip overseas in the next year, consider buying your foreign currency now.
Auckland man convicted for taking $136k out of NZ
An Auckland man had the equivalent of NZ$136,452 in Chinese Yuan seized by Customs when he tried to take the cash out of New Zealand without declaring it.
Nick McDonald: What is moving the markets?
Markets rise and fall because they are driven by human emotion and those who are savvy enough to recognise them, are also savvy enough to take advantage of them.
Following the money trail to stop paedophiles
Police are following the money trail left by paedophiles in paying for material and are using the information to shut down rings that include dozens of people across continents.
NZ Bitcoin ATM shut down
An Auckland Bitcoin ATM has been shut down by its owner after claims the service could not get support from banks.
Nick McDonald: Gold on the move - Nonsense!
News headlines alone, usually help to keep me fairly well abreast of what is happening but they often tell just part of the story.
Secrets of China's home-buying cash
For years, wealthy Chinese have been transferring billions overseas to buy pricey real estate, despite their country's currency restrictions. How are they doing it?
Is litecoin the new Bitcoin?
Make way, bitcoin: A competing digital currency, litecoin, is angling for the spotlight.