Wellington, Oct 19 NZPA - The New Zealand dollar today reversed much of its earlier recovery from a nearly one-week low, although it briefly spiked higher after the Reserve Bank of Australia said its recent decision to leave rates steady was finely balanced.
Wellington, Oct 18 NZPA - The New Zealand dollar eased today mostly because the US dollar rose.
The kiwi was worth US75.17c at 5pm from US75.62c at 8am and US75.70c at 5pm on Friday. It had traded as high as US76.15c during the weekend.
Wellington, Oct 18 NZPA - The New Zealand dollar tagged along for the Australian dollar's short-lived bright moment against the greenback, but then dived away as investors considered the possibility recent declines of the United States currency were overdone.
Wellington, Oct 15 NZPA - The New Zealand dollar was little changed today after falling away from a 27-month high against the greenback on Thursday night as the Australian dollar retreated from a flirtation with parity with the US dollar.
Wellington, Oct 14 NZPA - The New Zealand dollar got within a whisker of its highest level against the greenback in more than two years, as reaction continued to Federal Reserve meeting minutes which reinforced expectations of more monetary easing in the United States.
Wellington, Oct 13 NZPA - The New Zealand sharemarket rose only fractionally today, with little sign that local traders had been much buoyed by expectations that the US Federal Reserve will take further measures to stabilise America's economic recovery, essentially by printing money.