
Dollar gains on US retail sales decline
The dollar gained as an unexpected decline in US retail sales raised speculation of a delayed increase in US interest rates.
The dollar gained as an unexpected decline in US retail sales raised speculation of a delayed increase in US interest rates.
Things are still looking healthy for New Zealand's banks, despite a fall in lending margins at the start of this year.
What to do when things go wrong between you and your bank.
The NZ dollar weakened as Greek agreement turned investor attention to US interest rate hikes, supporting greenback.
The lower kiwi will benefit exporters such as Delegat which counts the US as its largest market.
The dollar weakened as Eurozone leaders stepped up their demands for Greece reforms at meetings over the weekend.
The dollar was little changed as risk sentiment improved following a bounce in Chinese equities and new Greece proposals.
The economy has started to slow, with confidence declining as dairy prices remain lower for longer.
"The Australian dollar is among the worst performing major currencies," a BNZ currency strategist says.
The Reserve Bank of Australia kept its cash rate unchanged at a record low 2 per cent for a second month, saying accommodative monetary policy is needed in an economy growing slower than its....
The kiwi dollar was little changed overnight as traders awaited further developments in Greece.
NZX dairy futures pricing continues to point to more weakness in the whole milk powder market, following on from the sharp decline at last week's GlobalDairyTrade auction.
Greece’s “no” vote on austerity measures lead to a tumultuous day of trading across equity markets – including New Zealand and Australia.
The dollar hits a five-year low as Greeks reject austerity in referendum.
Australia's May interest-rate cut and federal budget measures to loosen small business purse strings failed to provide a significant boost to retail spending in the month.
Because Greece doesn't have its own currency, it couldn't increase its competitiveness and boost growth through devaluation.
Greece is sliding into a full-blown national crisis as the final cash reserves of the banking system evaporate.
While Tsipras' decision to hold a ballot increased the risk of Greece exiting the euro, evidence of contagion elsewhere was limited.
Currency traders will be on tenterhooks this week as the Greek sovereign debt crisis goes from bad to worse, with more downward pressure likely to come on the Kiwi dollar.
The world’s stockmarkets have started to feel the impact of Greece’s looming financial disaster and New Zealand is not immune.
The kiwi dollar has fallen gain, as the Greece debt crisis pushes investors into 'safe havens".
The New Zealand dollar rose from a five-year low as investors weighed up the outlook for the US economy and interest rate increases.
The New Zealand dollar hit a fresh five-year low as traders firm up expectations for more interest rate cuts.