NZ dollar tad higher as greenback remains out of favour

NZ dollar tad higher as greenback remains out of favour
Rebecca Howard
By Rebecca Howard July 3 (BusinessDesk) - The New Zealand dollar firmed slightly as investors fret about the impact of trade tensions on global growth and look ahead to US jobs data later in the week.  The kiwi was trading at 66.78 US cents at 5pm in Wellington versus 66.67 cents at 8am. The trade-weighted index was at 72.97 from 72.85.  The greenback remains under pressure as investors are jittery about the impact of trade tension on global growth. However, with little data on the immediate horizon, markets will be watching for US non...

More Markets

NZ sharemarket down 1.13% for the week
Markets Market close

NZ sharemarket down 1.13% for the week

The S&P/NZX 50 Index closed at 11,796.21, down 39.83 points or 0.34%.

Graham Skellern 19 Apr 2024
Bell Potter boosts Santana target price 53.5%
Primary Sector

Bell Potter boosts Santana target price 53.5%

Aussie brokers increasingly like the look of a low-cost, high yield Otago gold play.

Pattrick Smellie 19 Apr 2024
Anna Palairet appointed Fonterra's chief operating officer
Primary Sector

Anna Palairet appointed Fonterra's chief operating officer

Having acted in the role since June last year, she replaces Fraser Whineray.

Riley Kennedy 19 Apr 2024
Analysts upbeat about Tower's latest guidance
Markets

Analysts upbeat about Tower's latest guidance

The insurer's shares have gained 36% so far this year. 

Rebecca Howard 19 Apr 2024