All News
NZ dollar slips as positive US economic data points to continued tapering in 2014
By Tina Morrison Jan. 3 (BusinessDesk) – The New Zealand dollar weakened after positive US economic data reinforced expectations a reviving US economy will prompt the Federal Reserve to continue to pull back its monetary stimulus this year. The kiwi slipped to 81.99 US cents at...
While you were sleeping Solid factory, jobless data
By Margreet Dietz Jan. 3 (BusinessDesk) – Wall Street fell in the first trading session of 2014, even as US manufacturing and jobless claims provided further evidence of an accelerating recovery in the world’s largest economy. The US Institute for Supply Management’s manufactur...
NZ dollar little changed, may decline in 2014 as Fed starts tapering
By Tina Morrison Dec. 31 (BusinessDesk) - The New Zealand dollar was little changed in patchy trading leading in to the New Year holiday period and is likely to weaken next year as the Federal Reserve pulls back on its bond buying programme which has dented the greenback. The l...
Prev
