NZ dollar range bound, looking for catalysts
By Rebecca Howard March 30 (BusinessDesk) - A dearth of domestic data is keeping the New Zealand dollar in a tight range and while conditions may be building for it to break out, any catalysts are likely to come from offshore. The kiwi dollar was trading at 70.26 US cents...
NZ dollar slips vs Aussie as commodity prices rise; gains vs pound on Brexit
By Rebecca Howard March 29 (BusinessDesk) - The New Zealand dollar fell against the Australian dollar as commodity prices shored up demand for the Aussie, while gaining against the British pound after UK Prime Minister Theresa May signed the formal letter that will trigger the...
NZ companies lift spending on R&D but still lag behind OECD average
By Rebecca Howard March 29 (BusinessDesk) - Increased spending by businesses helped boost New Zealand's total research and development expenditure 20 percent since 2014, but the country still lags behind the average for the Organisation for Economic Cooperation and Development...
NZ dollar sticking to tight range but may see more upside
By Rebecca Howard March 28 (BusinessDesk) - The New Zealand dollar stuck to a tight range today but may see more upside as markets continue to flounder after US President Donald Trump's failure to enact healthcare reform. The kiwi traded at 70.40 US cents as at 5 pm in Well...
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