Archive for the ‘New Zealand Dollar’
NZ Dollar Gains for Third Day vs. Greenback
The New Zealand dollar rose today against its US counterpart, posting the third day of gains, on the speculation that the report about the US non-farm payrolls would show the increase, spurring the demand for the higher-yielding currencies. The report today may show, according to the analysts’ estimate, the gain of 143,000 jobs in November. In October the payrolls grew 151,000, the highest increase since May. The optimism for the economy bolstered the commodities and the commodity currencies. The Thomson Reuters/CRB Commodity [...]
Australian and N.Z. Dollars Rise on China’s Growth
The Australian and New Zealand dollars rose significantly against the other major currencies today as the Chinese stock market demonstrated growth on talks that the government may easy the investment regulations. The Aussie and the kiwi both rallied against the U.S. dollar and the Japanese yen today, with the former posting a second bullish day in a row. Analysts expect the Chinese consumer sector to be the major growth-factor for Australia’s largest and New Zealand’s second largest trade [...]
NZD/USD heading lower on risk aversion mood
FXstreet.com (Córdoba) – NZD/USD is under pressure, like JPY crosses, as Nikkei opened 1.2% down, and is currently 1.6% lower. The Kiwi has been moving down and dropped over 60 pips since the beginning of the session, breaking below yesterday’s low. The pair has posted just a few minutes ago, a fresh 3-day low at [...]