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NZ Dollar Eases Off Early Highs, Market Awaits Data

NZ Dollar Eases Off Early Highs, Market Awaits Data
Wellington, Feb 3 NZPA - The New Zealand dollar drifted lower today after firming and attention is now turning to tomorrow's employment report for the December quarter. The NZ dollar was US71.06.c at 5pm from US71.26c at 8am and US70.58c at 5pm yesterday.

Uptick In Milkpowder Prices Makes Up For Cooler Season

Uptick In Milkpowder Prices Makes Up For Cooler Season
Wellington, Dec 2 NZPA - Today's small increase in whole milkpowder prices at Fonterra's December internet auction -- the last for 2009 -- has been held up by a farm lobby as mitigating the slow start to the milking season.

NZ Dollar Reaction Muted After Australia Raises Interest Rates

NZ Dollar Reaction Muted After Australia Raises Interest Rates
Wellington, Nov 3 NZPA - The New Zealand dollar ended a mixed session with a muted reaction to news today that the Reserve Bank of Australia raised its cash rate by 25 basis points to 3.5 percent.

NZ Dollar Rises Even As Australia Raises Interest Rates

NZ Dollar Rises Even As Australia Raises Interest Rates
Wellington, Oct 6 NZPA - The New Zealand dollar rose strongly today even though the Reserve Bank of Australia raised its official cash rate to 3.25 percent from 3 percent at 4.30pm local time.

NZ Shares Down Slightly On Quiet Monday

NZ Shares Down Slightly On Quiet Monday
Wellington, Oct 5 NZPA - The New Zealand sharemarket drifted lower on a fairly quiet Monday. The benchmark NZSX-50 index closed down 10.137 points, or 0.322 percent, at 3138.722. Turnover was worth $71 million. There were 29 rises and 52 falls among the 110 shares traded.

Farmers Cheered By 50pc Upturn In Milkpowder Prices Since July

Farmers Cheered By 50pc Upturn In Milkpowder Prices Since July
Wellington, Sept 2 NZPA - Farmers say they are delighted by today's 24.2 percent average lift in whole milkpowder (WMP) prices at Fonterra's latest internet auction.

Fonterra's Online Auction Tests State Of Commodity Markets Again

Fonterra's Online Auction Tests State Of Commodity Markets Again
Wellington, Aug 4 NZPA - Fonterra's Global Dairy Trade arm will tomorrow test international markets for whole milkpowder (WMP) with its scheduled August internet auction.

NZ Dollar Falls As Dairy Prices Ease, US Dollar Rises

NZ Dollar Falls As Dairy Prices Ease, US Dollar Rises
Wellington, July 2 NZPA - The New Zealand dollar was testing support at US63.80c late today with dealers citing Fonterra's latest internet auction as a factor.

Fonterra Milkpowder Prices Mixed At Auction, Average Slips 4pc

Fonterra Milkpowder Prices Mixed At Auction, Average Slips 4pc
Wellington, May 13 NZPA - Average milkpowder prices fell again today on Fonterra's regular monthly internet auction, slipping more than 4 percent to erode all the gains made in April.

Technical Difficulties Defer Fonterra's May Internet Auction

Technical Difficulties Defer Fonterra's May Internet Auction
Wellington, May 6 NZPA - Fonterra's scheduled May internet auction of milkpowders has been postponed to May 12 because of technical difficulties. Trading manager, CRA International, said a software problem arose during the first two rounds of trading in the early hours of today.

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