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US Treasury

A Day Sleeping Dollar Doesn't Bounce

Wellington, Oct 1 NZPA - The kiwi dollar proved a day sleeper like its avian namesake today.

NZ Business Confidence Hits Positive In September

Wellington, Sept 30 NZPA - Business confidence continued to improve this month, with the National Bank Business Outlook survey hitting positive territory for the first time in over six years.

NZ Dollar Ignores P4 News And Follows The Pack

Wellington, Sept 23 NZPA - The New Zealand dollar took its lead from global markets today, ignoring news that the United States would join New Zealand, Singapore, Chile and Brunei in the P4 trade deal. At 8am today it was buying US69.27c but by 5pm it had dropped to 68.98c.

NZ Dollar Up On Broadly Weaker Greenback, Slips Against Others

Wellington, Sept 23 NZPA - The New Zealand dollar rose to fresh three-week highs against the greenback as the US currency fell broadly, weighed down by worries about the fiscal impact of the US government's $US700 billion ($NZ1.03 trillion) bailout plan.

NZ Dollar Rally Interupted By Data And US Dollar Recovery

Wellington, Sept 19 NZPA - The New Zealand dollar's test of higher levels was today interrupted by a resurgent US dollar and a reminder of how indebted New Zealand is in current account data.

It's Business As Usual For NZ AIG Customers

Wellington, Sept 17 NZPA - American International Group (AIG) New Zealand says it is business as usual for customers of the troubled giant United States insurance company.

NZ Sharemarket Remains More Cautious Than Overseas Counterparts

Wellington, Sept 9 NZPA - The New Zealand sharemarket was up about a third of a percent in early trade, as investors continued to show cautious enthusiasm for the US government's bailout of mortgage finance giants Fannie Mae and Freddie Mac.

New Zealand Currency Market Quite Ahead Of Ocr Tomorrow

Wellington, July 23 NZPA - The New Zealand dollar continued to fall against the greenback today after weak overnight trading as the market awaits tomorrow's official cash rate announcement. The New Zealand dollar was down to US75.56c at 4.30pm today from US76.13c yesterday.

NZ Dollar Slips Vs Broadly Stronger Greenback, Up On Others

Wellington, July 23 NZPA - The New Zealand dollar fell against a broadly strengthening greenback overnight, dropping to its lowest level in nearly two weeks.

NZ Dollar Moribund Ahead Of Rates Decision

Wellington, July 22 NZPA - Trading in the New Zealand dollar was moribund ahead of the Reserve Bank's crucial interest rate decision on Thursday. The kiwi closed little changed on US76.13c from its close yesterday with traders unwilling to take positions.

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