NZ dollar holds its ground amid upbeat sentiment

NZ dollar holds its ground amid upbeat sentiment
Jenny Ruth
The New Zealand dollar stuck to its new higher range as sentiment remained generally supportive in a thinning pre-holiday market. The kiwi was trading at 66.03 US cents at 5pm in Wellington from 66.07 at 8am while the trade-weighted index was at 72.66 points from 72.69. "Generally, risk sentiment in the market is fairly decent so we haven't seen it fall away. Stock markets keep making new highs," said Mitchell McIntyre, a dealer at XE. "But people are starting to leave for the year so there's no real commitment one way or the other unt...

More Markets

Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
ASX: Australian shares slide to a two-week low as tech drags
Markets

ASX: Australian shares slide to a two-week low as tech drags

Every sector of the Australian share market has lost ground.

AAP 26 Jul 2024
NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024