The US dollar may trump the kiwi

The US dollar may trump the kiwi
US voters are deciding between Donald Trump and Kamala Harris for the presidency. (Images: Getty)
Rebecca Howard
The New Zealand dollar fell 6% against the greenback in October and the US election could lead to it taking another hit.The kiwi hovered around 60 US cents on Monday afternoon in Wellington and Westpac Bank head of NZ strategy Imre Speizer said it could head to 58.50 US cents in the next week or two.The main events on the immediate horizon are the US election, the US Federal Reserve’s rate decision and NZ’s labour data. “US events will be critical,” he said. "The election will be of most importance, with a [Don...

More Economy

Kiwi dollar faring better amid Trump’s trade war uncertainty
Economy

Kiwi dollar faring better amid Trump’s trade war uncertainty

Bank economists are starting to rejig their NZD forecasts higher. 

Banks' incredible 'downturn' numbers
Economy

Cameron Bagrie: Banks' incredible 'downturn' numbers

We desperately need an appetite for risk in this economy.

Economy has likely left recession in rear-view mirror
Economy

Economy has likely left recession in rear-view mirror

Economists' forecasts range from 0.3% to 0.5% quarter-on-quarter GDP growth. 

Rebecca Howard 17 Mar 2025
WFH mentions in job ads declining, Seek says
Economy

WFH mentions in job ads declining, Seek says

Seek's senior economist says it's to do with a softer labour market.

Gregor Thompson 17 Mar 2025