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The following articles are sourced from The New Zealand Herald


NZ dollar falls after OCR hiked
Thu, 29 Jul 2010 20:40
The New Zealand dollar fell sharply on a day the Reserve Bank of New Zealand (RBNZ) hiked the official cash rate (OCR) by 25 basis points to 3 per cent.This is the opposite to what usually happens but investors opted to take more...

 

NZ dollar tumbles despite interest rates hike
Thu, 29 Jul 2010 10:23
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...

 

Bollard lifts OCR, future hikes likely to be less
Thu, 29 Jul 2010 09:00
The Reserve Bank has lifted the official cash rate from 2.75 to 3 per cent this morning. The move, though widely expected, is a sign that the economy is still growing enough for bank Governor Alan Bollard to keep winding back...

 

Dollar's upward climb 'limited'
Thu, 29 Jul 2010 04:00
Currency analysts are not expecting the New Zealand dollar to climb much higher than the six-month peak - close to US74c - it reached against the greenback late on Tuesday night.After hitting its high, it fell back to sit at US72.92c...

 

NZ dollar dips below US73c
Wed, 28 Jul 2010 17:40
The New Zealand dollar fell in afternoon trading after the National Bank of New Zealand Business Outlook (NBBO) survey showed confidence slid for a third consecutive month.Earlier the Australian dollar fell on softer than expected...


Kiwi off high but stays above US73c
Wed, 28 Jul 2010 04:00
The New Zealand dollar eased a touch yesterday from its earlier six-month high against the greenback around US73.50c.By 5pm, the kiwi was at US73.41c, compared with US72.74c late on Monday afternoon.Against the Australian...

 

Dollar hovers below six month US high
Tue, 27 Jul 2010 18:22
The New Zealand dollar eased a touch from its earlier six-month high against the greenback around US73.50c, in quiet trading after an upbeat session overnight.By 5pm, the kiwi was at US73.41c, compared with US72.74c late yesterday...

 

UK bookies flee the country
Tue, 27 Jul 2010 11:27
To look at their results from the World Cup you'd think all was rosy in the bookmakers' garden. That would be a mistaken impression. Yesterday, William Hill announced the migration of its telephone betting business to Gibraltar. The...

 

NZ dollar jumps to six-month high
Tue, 27 Jul 2010 09:48
The New Zealand dollar climbed to a six-month high as a surge in new home sales in the US stoked investors' appetite for higher-yielding, or riskier, assets.American new home sales jumped 24 per cent last month, taking the inventory...

 

NZ dollar holds gains
Mon, 26 Jul 2010 17:23
The New Zealand dollar spent today trading around a one-week high against a backdrop of firm equity markets and ahead of the Reserve Bank of New Zealand (RBNZ) official cash rate (OCR) decision on Thursday.Around 5pm today the...

 

Dollar Outlook: Kiwi may gain as rate decision looms
Mon, 26 Jul 2010 12:00
The New Zealand dollar may advance as traders eschew an out-of-favour greenback and seek growth assets Downunder, where central banks stand ready to raise interest rates and widen the gap with America's record-low benchmark.The...

 

NZ dollar pushes up on better global sentiment
Mon, 26 Jul 2010 09:44
The New Zealand dollar pushed to one-week highs against the major currencies and slipped to a two-week low against its trans-Tasman counterpart as sentiment toward the global economy improved.Around 8am today the kiwi was buying...

 

Big Mac Verdict: Undervalued
Mon, 26 Jul 2010 04:00
The New Zealand dollar is slightly undervalued, according to the Economist 's latest Big Mac index.The index is its tongue-in-cheek application of the theory of purchasing power parity. At an exchange rate of US71.9c, a Big Mac...

 

NZ dollar settled
Fri, 23 Jul 2010 18:11
The New Zealand dollar drifted off a one-week high around US72.70c today as investors waited for stress test reports from European regulators.It surged on Thursday night after strong euro zone economic data and US corporate earnings...

 

OCR hike tipped for next week
Fri, 23 Jul 2010 16:11
The Reserve Bank is tipped to raise the Official Cash Rate next week, despite lower than expected economic growth.Westpac economists expect Reserve Bank governor Alan Bollard will hike the rate by 25 basis points to 3 per cent...

 

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