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BNZ Capital

NZ Rates Left At 2.5 Percent, Reserve Bank Hawkish

NZ Rates Left At 2.5 Percent, Reserve Bank Hawkish
Wellington, Dec 10 NZPA - The Reserve Bank left interest rates unchanged, but its comments surrounding the decision were more hawkish than many economists expected.

Dollar Falls

Dollar Falls
Wellington, Dec 3 NZPA - The New Zealand dollar fell overnight as the markets awaited key financial news. By 8am the kiwi was buying US72.26c from US72.74c at 5pm yesterday. BNZ Capital strategist Mike Jones said currency markets were fairly lacklustre overnight.

NZ Dollar Drops Below US71c, Then Some Recovery

NZ Dollar Drops Below US71c, Then Some Recovery
Wellington, Dec 8 NZPA - The New Zealand dollar fell to its lowest level against the greenback in more than a week, but rebounded early today as Federal Reserve Chairman Ben Bernanke doused expectations the United States central bank will raise interest rates anytime soon.

NZ Dollar Consolidates At Lower Levels, Awaits MPs

NZ Dollar Consolidates At Lower Levels, Awaits MPs
Wellington, Dec 7 NZPA - The New Zealand dollar consolidated at lower levels today after the US dollar rose during the weekend on data showing the United States lost far fewer jobs than expected last month.

Dollar Down Against Broadly Stronger Greenback

Dollar Down Against Broadly Stronger Greenback
Wellington, Dec 7 NZPA - The New Zealand dollar fell against the greenback, which strengthened broadly after data showed the United States lost far fewer jobs than expected last month, bolstering hopes the US economy is on a stable path to recovery.

NZ Dollar Bounces Around, Ends Up Little Changed

NZ Dollar Bounces Around, Ends Up Little Changed
Wellington, Dec 4 NZPA - The New Zealand dollar bounced around overnight but by 8am was little changed from its level at the local close against several key currencies, although the kiwi did make a small gain against a broadly weaker yen.

Dollar Falls

Dollar Falls
Wellington, Dec 3 NZPA - The New Zealand dollar fell overnight as the markets awaited key financial news. By 8am the kiwi was buying US72.26c from US72.74c at 5pm yesterday. BNZ Capital strategist Mike Jones said currency markets were fairly lacklustre overnight.

NZ Dollar Lifts Overnight

NZ Dollar Lifts Overnight
Wellington, Dec 2 NZPA - After being supported by a rise in official Australian interest rates late yesterday, the New Zealand dollar benefited further overnight from higher commodity prices and a weaker United States currency.

NZ Dollar Recovers Some Lost Ground From Multi-Month Lows

NZ Dollar Recovers Some Lost Ground From Multi-Month Lows
Wellington, Nov 30 NZPA - The New Zealand dollar fell below A78c against the Australian dollar for the first time in more than five months overnight Friday, but managed to claw back some of its lost ground.

NZ Dollar Falls Broadly Amid Dubai Debacle

NZ Dollar Falls Broadly Amid Dubai Debacle
Wellington, Nov 27 NZPA - The New Zealand dollar fell broadly overnight, sinking to its lowest level in more than five months against the Australian currency and down to a near four-month low against the yen.