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NZ Dollar Gets Some Lift From Generally Weaker Greenback

Wellington, April 29 NZPA - The New Zealand dollar got some lift last night from a generally weaker greenback, with markets relatively quiet ahead of a decision on US interest rates on Thursday morning (NZT).

Kiwi Marks Time After Rate-related Selloff

Wellington, April 28 NZPA - The New Zealand dollar was in consolidation mode today, following a selloff against the greenback. The kiwi dollar traded narrowly and closed at US78.37c after tumbling to US77.80c on Friday night .

NZ Dollar Tumbles Against Greenback

Wellington, April 28 NZPA - The New Zealand dollar tumbled against the greenback, as the market reacted to the dovish tone of last Thursday's interest rate review in this country against the backdrop of a strengthening US currency.

NZ Dollar Sold Half A Cent After "Dovish" RB Statement

Wellington, April 24 NZPA - The New Zealand dollar fell around half a cent after markets interpreted today's Reserve Bank statement on interest rates as "dovish".

NZ Dollar Spikes To 4-wk High Against Greenback Ahead Of OCR

Wellington, April 24 NZPA - The New Zealand dollar spiked up to a four-week high against the greenback late last night ahead of the Reserve Bank's review of official interest rates at 9am today.

NZ Dollar Rises Slightly On Back Of Weak US Dollar

Wellington, April 23 NZPA - The New Zealand dollar moved slightly higher today against a general backdrop of US dollar weakness and ahead of an interest rate review here tomorrow.

NZ Dollar Stronger Vs Slipping Greenback

Wellington, April 23 NZPA - Greenback weakness saw the New Zealand dollar at a 12-day high overnight against the US currency which dropped below $US1.60 to the euro for the first time.

Kiwi Dollar Holds Ground

Wellington, April 22 NZPA - The New Zealand dollar closed well bid today despite fresh weakness in equity markets that dampened demand for carry trade currencies like the kiwi. It closed virtually on its opening at US79.43c and slightly up on yesterday's US79.15c close.

Renewed Credit Concerns Temper Demand For NZ Dollar

Wellington, April 22 NZPA - Renewed concern about the global credit crisis overnight tempered demand for high-yielding currencies such as the New Zealand dollar. By 8am today the kiwi was buying US79.41c against the greenback, from US79.15c at 5pm yesterday.

Kiwi Drifts On Lack Of News

Wellington, April 21 NZPA - The New Zealand dollar traded in a narrow range today, ignored by major swings in the euro and yen. Lack of news left the kiwi adrift but it climbed slightly during the day to close at US79.15c, near Friday's close of US79.10c.

Kiwi Touches 5-week High Vs Yen As Carry Trade Back In Favour

Wellington, April 21 NZPA - The New Zealand dollar touched a five-week high against the yen as risk aversion levels dropped. From around 81 yen on Friday evening, the kiwi topped 82.35 early Saturday, then eased to be at 81.96 by 8am today.

NZ Dollar Hits Recent Lows Against Aussie, Euro

Wellington, April 18 NZPA - The New Zealand dollar hit new multi-month lows against the euro and Australian dollar today but found enough support to climb out of the troughs.

NZ Dollar Climbs Back Over US79c

Wellington, April 17 NZPA - Encouraged by buoyant equities markets, the New Zealand dollar climbed back over US79c today. The kiwi closed the session on US79.06c from US78.48c at 5pm.

NZ Dollar At 5mth Low Against Aussie, Happier For Exporters

Wellington, April 17 NZPA - The New Zealand dollar briefly dropped below A84c early today to a five-month low against its Australian counterpart, a much happier level for exporters from this country to Australia.

Mundane Day For Kiwi After Overnight Fall

Wellington, April 16 NZPA - After slipping a cent against the greenback last night, the New Zealand dollar had a mundane time of it today.

NZ Dollar Opens Weaker As US Dollar Rebounds

Wellington, April 16 NZPA - The New Zealand dollar opened three quarters of a cent weaker today as the US dollar rebounded on encouraging economic data.

NZ Dollar Heads Higher As Inflation Hits 3.4pc

Wellington, April 15 NZPA - The New Zealand dollar headed higher today despite inflation being on, or slightly below, expectations. The CPI rose 0.7 percent rise in the March quarter, taking the annual inflation rate to 3.4 percent.

NZ Dollar In Narrow Band Against Greenback

Wellington, April 15 NZPA - The New Zealand dollar moved in a narrow band against the greenback overnight, as earlier gains by the US currency against other major currencies were wiped out.

Kiwi Eases As G7 Give Support To Greenback

Wellington, April 14 NZPA - The New Zealand dollar eased today as investors bought the US dollar following concern from the Group of Seven about currency volatility.

NZ Dollar Down As G7 Frets About Exchange Rates

Wellington, April 14 NZPA - The New Zealand dollar came under pressure early today, affected by comments from the Group of Seven leading industrial nations, which sharpened their language about currency volatility.

NZ Dollar Ends Flat After Choppy Trading

Wellington, April 11 NZPA - The New Zealand dollar closed flat today after choppy trading today on the back of a steady flow of news. By 5pm, the kiwi was at US79.91c from US79.97c late yesterday afternoon, having traded a roughly 30-point range.

NZ Dollar Reaches US80.25c Then Eases As Greenback Recovers

Wellington, April 11 NZPA - The New Zealand dollar reached a two-week high overnight against the greenback of US80.25c before being knocked back by a broad-based US dollar recovery. By 8am today the kiwi was buying US79.99c barely changed from the US79.97c at 5pm yesterday.

Kiwi Climbs Against Greenback On Aussie's Coat-tails

Wellington, April 10 NZPA - The New Zealand dollar firmed today on the coat-tails of its Australian counterpart after better than expected employment figures were released across the Tasman.

NZD Declines Against Majors After Recent Highs Yesterday Am

Wellington, April 10 NZPA - Since hitting recent highs yesterday morning, the New Zealand dollar has fallen away against the euro and yen, and remained range bound against the greenback. At 8am today the kiwi was buying US79.65c, having peaked above US80c around 10am yesterday.

Kiwi Hemmed In By Corporate Selling

(correcting h2140, changing pars 1-3 and changing nz-usd close)

NZ Dollar Firms In Choppy Night But Unable To Crack US80c

Wellington, April 9 NZPA - The New Zealand dollar had a choppy overnight session but by today's local open was firmer against major currencies. By 8am the kiwi was buying US79.77c from US79.48c at 5pm yesterday, still unable to get above the US80c level this month so far.

NZ Dollar Ignores Poor Confidence Survey, Set To Rise

Wellington, April 8 NZPA - The New Zealand dollar was confined to a range today around US79.50c, but was likely to head higher, a foreign exchange dealer said.

NZ Dollar Stronger On Stability In Equity And Credit Markets

Wellington, April 8 NZPA - The New Zealand dollar strengthened against major currencies overnight as stability in equity and credit markets raised optimism the worst of the financial crisis might be over, encouraging investors to buy riskier assets.

NZ Dollar Firm But Range-bound

Wellington, April 7 NZPA - The New Zealand dollar was firm but traded within a narrow range, reflecting a softer greenback after weak US jobs data. The Kiwi dollar closed at US78.82c, near opening levels but well up on Friday's close of US78.23c.

NZ Dollar Up Against Job Loss-hit Greenback

Wellington, April 7 NZPA - The New Zealand dollar gained against the greenback after a report showed the US economy shed jobs for a third straight month, confirming fears it may be in a recession. By 8am today, the kiwi was buying US78.85c from US78.23c at 5pm on Friday.

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