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NZ dollar little changed amid lack of economic data to inspire movement
By Tina Morrison Feb. 24 (BusinessDesk) – The New Zealand dollar was little changed as no new data surprised currency markets over the weekend. The kiwi was almost unchanged at 82.80 US cents at 8am in Wellington from 82.79 cents at the New York close and 83.03 cents at 5pm in...
MARKET CLOSE NZ shares gain on Fletcher’s Oz outlook
By Suze Metherell Feb. 21 (BusinessDesk) – New Zealand stocks rose, paced by Fletcher Building whose first-half result yesterday showed potential for growth in Australia. The market responded positively to Vector’s earnings which showed growth in its technology sector. The NZ...
NZ dollar heads for 0.8 percent weekly fall as local rates story, Fed policy weigh
By Paul McBeth Feb. 21 (BusinessDesk) - The New Zealand dollar is heading for a 0.8 percent fall this week as traders weigh up the prospect of rising interest rates locally against the prospect of a stronger greenback as the Federal Reserve pulls back on printing money. The k...
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