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NZ Dollar Recovers But Gives Up Some Gains

Wellington, Sept 17 NZPA - The New Zealand dollar rose today but gave up some of the gains by the close as events in the global financial crisis dominated trading. Around 5pm today the NZ dollar was buying US65.99c, having dropped to around US64.90c yesterday evening.

NZ Dollar Rises Through Night After Earlier Risk Aversion

Wellington, Sept 17 NZPA - The New Zealand dollar rose through the night against major currencies after earlier being caught in a bout of risk aversion-inspired selling. Around 8am today the NZ dollar was buying US66.03c, having dropped to around US64.90c yesterday evening.

NZ Dollar Sold Off As Risk Aversion Spreads

Wellington, Sept 16 NZPA - The New Zealand dollar was caught up in aggressive selling today, mirroring a sharemarket sell-off after investment bank Lehman Brothers filed for bankruptcy protection.

Rough Night For NZ Dollar In Wake Of Global Turmoil

Wellington, Sept 16 NZPA - The New Zealand dollar was shaken roughly overnight as equity markets in the United States and Europe fell sharply amid further turmoil in the global financial system.

NZ Dollar Rises As US Dollar Falls

Wellington, Sept 15 NZPA - The New Zealand dollar pushed higher today with the United States dollar tumbling in Asian trading as Lehman Brothers said it would file for bankruptcy. By 5pm today the NZ dollar was at US66.87c from US66.43c at 8am and US65.37c at 5pm on Friday.

NZ Dollar Rises Against Generally Weakening Greenback

Wellington, Sept 15 NZPA - The New Zealand dollar is higher against the greenback as the United States currency posted its worst one-day decline against the euro in six months.

NZ Dollar Recovers Some Ground Lost On Rate Cut

Wellington, Sept 12 NZPA - The New Zealand dollar posted some gains today after dropping to a two-year low in the aftermath of yesterday's half a percentage point cut in the official cash rate.

NZ Dollar Down To 2 Yr Lows Vs US Dollar And Yen

Wellington, Sept 12 NZPA - The New Zealand dollar dropped to a two-year low against the greenback in the aftershocks from yesterday's half a percentage point cut in official interest rates.

NZ Dollar Sinks After RBNZ Surprise Move

Wellington, Sept 11 NZPA - The New Zealand dollar fell sharply when the Reserve Bank cut its official cash rate by 50 basis points to 7.5 percent.

NZ Dollar Lower Ahead Of Reserve Bank Statement

Wellington, Sept 11 NZPA - The New Zealand dollar was lower against the greenback after range-trading ahead of this morning's Reserve Bank monetary policy statement. Economists were expecting the central bank to cut the official cash rate by 25 basis points to 7.75 percent.

NZ Dollar Mixed Ahead Of RBNZ Decision

Wellington, Sept 10 NZPA - The New Zealand dollar rose against the Australian dollar on a day that another wave of risk aversion swept through global markets. The NZ dollar was at A82.98c at 5pm, up from A82.40c at 5pm yesterday. Around 8am it was at four-month highs at A83.27c.

NZ Dollar Unsettled As Worries About Us Finance Sector Rekindled

Wellington, Sept 10 NZPA - The New Zealand dollar had an unsettled night as steep falls in United States stocks rekindled worries about a shaky US financial sector.

NZ Dollar Hovers Above Recent Lows

Wellington, Sept 9 NZPA - The New Zealand dollar hovered above its recent near-two-year low after it was caught up in moves to dump the Australian dollar and euro today.

NZ Dollar Falls For Much Of Night Vs USD Before Partial Recovery

Wellington, Sept 9 NZPA - The New Zealand dollar fell through much of the night, dropping more than 1-1/2c against the greenback to US66.50c early today before starting to regain some of the lost ground.

NZ Dollar Up After US Bailout

Wellington, Sept 8 NZPA - The New Zealand dollar rose sharply today as markets reacted to the United States government bailout of mortgage finance companies Fannie Mae and Freddie Mac.

NZ Dollar Up Almost 1c Vs Greenback Since Friday Evening

Wellington, Sept 8 NZPA - The New Zealand dollar rose almost a cent against the greenback since Friday evening, after having dropped below US66c for the first time in 22 months earlier on Friday. Around 8am today the kiwi was buying US67.49c from US66.60c at 5pm on Friday.

NZ Dollar Hammered Again

Wellington, Sept 5 NZPA - The New Zealand dollar was hammered today but it was part of a global flight from risk. The NZ dollar dropped to US65.90c mid-morning for the first time in 22 months but made it back to US66.60c by 5pm.

NZ Dollar Below US66c For First Time In 22 Months

Wellington, Sept 5 NZPA - The New Zealand dollar dropped below US66c for the first time in 22 months soon after 10am today as worries about the health of the global economy continued to weigh on the currency.

NZ Dollar Tumbles Vs Greenback And Yen As Risk Aversion Climbs

Wellington, Sept 5 NZPA - The New Zealand dollar tumbled to a year low against the greenback and two-year low against the yen, as risk aversion increased on world markets.

Consolidation For NZ Dollar After Recent Tumbles

Wellington, Sept 4 NZPA - The New Zealand dollar consolidated today after bouncing back from a sharp fall yesterday. "There has been all sorts of carnage in currency markets over the past 24 hours," Bank of New Zealand currency strategist Danica Hampton said early today.

Rebound For NZ Dollar After Recent Tumbles

Wellington, Sept 4 NZPA - After two sharp falls in 24 hours the New Zealand dollar rebounded firmly overnight.

NZ Dollar Plunges As US Dollar Rises

Wellington, Sept 3 NZPA - The New Zealand dollar fell down the proverbial elevator shaft today, shedding nearly two United States cents since yesterday's close. A bout of selling hit the currency in late afternoon trading when it had already been eroded by strength in the US dollar.

NZ Dollar Recovers Half Of 1.3c Early Evening Tumble Vs USD

Wellington, Sept 3 NZPA - The New Zealand dollar overnight recovered about half of the 1.3c it lost to the greenback yesterday evening.

NZ Dollar Eases Against Aussie Following RBA Rate Cut

Wellington, Sept 2 NZPA - The New Zealand dollar remained stuck below US70c today, and eased against the Australian dollar despite a Reserve Bank of Australia interest rate cut.

Rising Greenback Ensures NZ Dollar Stays Under US70c

Wellington, Sept 2 NZPA - The New Zealand dollar was unable to climb above US70c overnight as the greenback, boosted by a sharp fall in oil prices, rose to its highest this year against a basket of major currencies.

NZ Dollar Lower

Wellington, Sept 1 NZPA - The New Zealand dollar was generally lower today with dealers citing strength in the US dollar and selling by carry trade players. By 5pm today the kiwi was buying US69.59c at 5pm from US69.97c at 8am and US70.52c at 5pm on Friday.

NZ Dollar Tumbles Against Greenback Bolstered By Better Data

Wellington, Sept 1 NZPA - The New Zealand dollar tumbled more than half a cent against the greenback as the US currency strengthened amid improving economic news. By 8am today the kiwi was buying US69.97c from US70.52c at 5pm on Friday.

NZ Dollar Trades Slightly Higher

Wellington, Aug 29 NZPA - The New Zealand dollar traded slightly higher today with building consents data providing a focus during the session. By 5pm the New Zealand dollar was US70.52c, up from US70.16c at 8am and little changed from US70.56c at 5pm yesterday.

NZ Dollar Unable To Hold Yesterday's Gains On Better US Growth

Wellington, Aug 29 NZPA - The New Zealand dollar was unable to hold on to gains that had pushed it up about a third of a cent against the greenback to around US70.60c early yesterday afternoon. By 8am today the NZ dollar was buying US70.16c.

NZ Dollar Slightly Firmer

Wellington, Aug 28 NZPA - The New Zealand dollar pushed higher against the US dollar today and was little changed on many other crosses.

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