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Federal Reserve System

Small Range For NZ Dollar For Most Of Overnight Session

Wellington, March 28 NZPA - The NZ dollar spent most of the night trading in a range between US80.30c and US80.60c against a backdrop of steady European equity markets. By 8am today the kiwi was buying US80.37c, slightly down from US80.50c at 5pm yesterday.

Speculation Of Early Reserve Bank Rate Cut

Speculation Of Early Reserve Bank Rate Cut

NZ Stocks Hurt By Market Storm - But Could Be Worse

NZ Stocks Hurt By Market Storm - But Could Be Worse

NZ Dollar Shoots To Near Record As Fed Savagely Cuts Rates Again

By Simon Louisson of NZPA Wellington, March 19 NZPA - The New Zealand dollar soared more than one US cent today and was within spitting distance of a new post-float high after the US Federal Reserve again savagely cut interest rates.

NZ Dollar Bounds Back Over US80c As Equity Markets Recover

Wellington, March 18 NZPA - The New Zealand dollar bounded back over US80c today as equity markets recovered and investors decided they could handle more risk.

NZ Dollar Down Amid Turmoil On World Markets

Wellington, March 18 NZPA - As turmoil engulfed world markets, the New Zealand dollar fell sharply against the greenback and hit new multi-month lows against the yen and euro.

Extreme Volatility In Kiwi Dollar On US Moves

Wellington, March 17 NZPA - The New Zealand dollar traded in a massive US2c range today, plunging in afternoon trading after early threatening post-float highs.

Buyers Snap Up NZ Dollar After Touching 5-week Low Vs US Dollar

Wellington, March 25 NZPA - Buyers snapped up the New Zealand dollar after it hit a five-week low against the greenback early in the Easter break.

Solid Demand Pushes NZ Dollar Up To US81c

Wellington, March 19 NZPA - Solid demand for the New Zealand dollar saw the kiwi rise throughout yesterday and overnight from recent lows hit early yesterday.

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