NZ dollar little changed as US growth eyed, Yellen awaited
By Jonathan Underhill June 27 (BusinessDesk) - The New Zealand dollar was little changed, having gained overnight following weak US data, as investors continue to weigh the pace of growth in the world's biggest economy and await a speech from Federal Reserve chair Janet Yellen...
NZ dollar little changed near 4-month high, long positions seen capping gains
By Jonathan Underhill June 26 (BusinessDesk) - The New Zealand dollar was little changed near a four-month high and may struggle to push much higher because of the sheer weight of bets on a rise which traders say put the kiwi at more risk of a correction. The kiwi was tradi...
Livestock Improvement to lift stake in UK's National Milk Records to 17.2%
By Jonathan Underhill June 26 (BusinessDesk) - Livestock Improvement Corp, or LIC, is to increase its holding in National Milk Records (NMR) to 17.2 percent from 2.6 percent after agreeing to subscribe for shares to allow the UK farm management recording services to fund its...
NZ dollar edges up; bets on stronger kiwi leave it vulnerable to correction
By Jonathan Underhill June 26 (BusinessDesk) - The New Zealand dollar edged up in New York trading on Friday as data emerged that showed traders have been increasing their bets on a strong kiwi, a situation that may actually leave the currency more vulnerable to a correction....
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