Forex exchange and currency news

NZ dollar gains on G20 preference for growth
The New Zealand dollar gained as the Group of 20 nations signalled a preference for growth over austerity, bolstering demand for emerging market currencies

NZ dollar dips as Wellington CBD checked for quake damage
The New Zealand dollar opened weaker as authorities warned workers in Wellington's CBD to stay home pending an assessment of earthquake damage, which closed bank trading rooms and sent glass and rubble falling from buildings

NZ dollar gains, bolstered by RBA minutes, strong dairy prices
The New Zealand dollar gained ahead of US Federal Reserve chairman Ben Benanke's congressional testimony as speculative investors pare back their bets on the greenback, and was bolstered by Reserve Bank of Australia minutes talking down that nation's infl

NZ dollar falls after central bank says it may scale up currency intervention
The New Zealand dollar fell after Reserve Bank governor Graeme Wheeler said yesterday he is prepared to keep intervening in foreign exchange markets to limit the rise of the local currency

NZ dollar gains before CPI, helped by dairy gains, rally on Wall Street
The New Zealand dollar rose back above 85 US cents before figures that are expected to show a pick-up in quarterly inflation and after gains on Wall Street and a modest increase in dairy prices to a new record

NZ dollar trades little changed as US budget talks bear down on deadline
The New Zealand dollar was little changed against the greenback as traders awaited developments on US budget talks, with the fiscal cliff deadline now just two days away

NZ dollar falls with equities on view US to sail over fiscal cliff
The New Zealand dollar fell as US stocks tumbled on concern America is running out of time to avert US$600 billion of tax hikes and spending cuts starting Jan. 1 that threaten to stall the world's biggest economy

NZ dollar weakens as fiscal cliff looms, long bets unwind
The New Zealand dollar fell against most major currencies as the looming US fiscal cliff sapped risk appetite, stoking demand for the greenback, and investors continued to unwind long positions in the kiwi and Australian dollars

NZ dollar sinks to three-week low as equities fall, fiscal talks in focus
The New Zealand dollar fell to a three-week low against the greenback after equities weakened and doubts grew on the ability of US Republicans and Democrats to reach agreement on averting the fiscal cliff

NZ dollar slips as fiscal cliff talks grind slower in Washington
The New Zealand dollar fell amid concern time is running out for politicians in Washington to avert the fiscal cliff and help prevent the world's biggest economy falling into recession

NZ dollar falls ahead of GDP report as global risk sentiment wanes
The New Zealand dollar fell as global risk sentiment abated and ahead of figures expected to show the economy slowed in the third quarter

NZ dollar drops vs. euro after Greek upgrade, Spanish debt sale
The New Zealand dollar fell against the euro as the common currency climbed against most of its trading peers after Standard & Poor's upgraded Greece and Spain managed to sell all the debt it targeted in its last auction of the year

NZ dollar holds above 80 Australian cents as RBA, half-year update loom
The New Zealand dollar held above 80 Australian cents ahead of the minutes of the Reserve Bank of Australia's last policy meeting amid speculation it has further interest rates

NZ dollar surges to 4-year high vs. yen as Japan’s LDP sweeps to victory
The New Zealand dollar rose to a four-year high against the yen after Japan's Liberal Democratic party swept to power, mustering enough support to enact sweeping economic reforms and weaken the currency