Kiwi Rises to 6-Wk High as Fed Decision Supports RiskyAssets
The New Zealand dollar rose to a six-week high against the U.S. currency as the Federal Reserve retained its pledge to hold interest rates near zero for an extended period, spurring demand for riskier assets.
N.Z. Consumer Confidence Declines for Second Quarter
New Zealand consumer confidence declined for a second quarter as households lowered their expectations on future conditions, Westpac Banking Corp. and McDermott Miller Ltd. said in a report today.
NZ dollar firm as Fed repeats low rates pledge
The New Zealand dollar sat near a six-week high on Wednesday, as the U.S. Federal Reserve's renewed pledge to keep interest rates low for an extended period supported appetite for high yielding currencies.
Daily technical outlook 3-16-10
EURUSD - 1.3700 provides intra-day resistance on current recovery from 1.3640 – 61.8% of last week’s up leg, intra-day sentiment being slightly bullish at the time of writing these lines. However, today’s important events such as the German Zew E
N.Z. Dollar Set to Rebound After ‘Exaggerated’ Losses-RBC
The New Zealand dollar’s slide this year has been excessive and any sign inflation will accelerate may boost the currency, according to RBC Capital Markets.
NZD slips after weak retail data
The New Zealand dollar slipped on Friday after core retail sales came in lower than expected, adding to the currency's slide a day after the central bank cooled market expectations about the pace of rate rises.
SSI: Retail NZDUSD Shorts Jump 15% Following RBNZ Interest
Intraday Highlight:NZDUSD - The ratio of long to short positions in the NZDUSD stands at -1.06 as nearly 51% of traders are short. Yesterday, the ratio was at 1.08 as 52% of open positions were long. In detail, long positions are 0.8% higher th
NZ dollar touches 5-week high ahead of rate decision
The New Zealand dollar was firm and in sight of a five-week high on Thursday as risk appetite improved and investors awaited a central bank review expected to confirm no urgency in raising interest rates.
The AUD And NZ dollar Hold Up This Week
The Australian dollar has held on to the gains that it has been recently experiencing and opened the week at a 0.9060.
Yen Weakens Against Taiwan, New Zealand Dollar; Oil Declines
The yen weakened against higher- yielding currencies as China said exports rose 45.7 percent to $94.5 billion, the most in three years, boosting optimism Asia is leading global growth. Oil fell for a second day.
New Zealand Import Prices Fall 5.8% as Currency Rises
New Zealand import prices fell by the most in three years as the currency surged, ensuring the nation’s terms of trade index increased for the first time in seven quarters.
Kiwi Remains Little Changed
The New Zealand Dollar remains firmly within the range (US68c and US71.50c) that it managed to travel in last few weeks and it stick to the gains to close unchanged today.


