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RESEND: NZ dollar jumps vs broadly weaker pound as UK exit polls point to hung parliament
(Fixes currency level in second paragraph) By Rebecca Howard June 9 (BusinessDesk) - The New Zealand dollar lurched higher against the British pound after initial exit polls suggested a hung parliament in the UK, potentially delaying Britain's departure from the European Un...
NZ wool prices fall at weekly auction; second-shear wool hits 7-year low
By Tina Morrison June 9 (BusinessDesk) - Prices fell at New Zealand's latest weekly wool auction, with some grades hitting their lowest level in more than seven years, amid continued lacklustre demand from China, the largest buyer, and as a higher kiwi dollar made the fibre le...
NZ dollar touches new 3-month high as investors shrug off Comey testimony, ECB
By Paul McBeth June 9 (BusinessDesk) - The New Zealand dollar edged higher, touching a new three-month high, as investors largely shrugged off testimony by former US Federal Bureau of Investigation chief James Comey and after the European Central Bank was more upbeat on the re...
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