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New Zealand Dollar

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  • The U.S. dollar hovered around a nearly two-week low against a basket of major currencies on Monday.

  • Continue to short commodity currencies: Westpac Sunday, 26 Jul 2015 | 7:31 PM ET
    Continue to short commodity currencies: Westpac

    Robert Rennie, global head of FX strategy at Westpac Bank, expects factors such as the persisting slide in commodity prices and questionable growth in China to accelerate the fall in commodity currencies.

  • Dollar edges up on weak overseas economic outlook Friday, 24 Jul 2015 | 2:49 PM ET
    The U.S. dollar and Euro currencies

    The dollar rose against a basket of currencies on Friday in choppy trade.

  • Commodity currencies remain in 'sell zone': HSBC Thursday, 23 Jul 2015 | 10:39 PM ET
    Commodity currencies remain in 'sell zone': HSBC

    Paul Mackel, head of Asia currency research at HSBC, says the preliminary gauge of China's manufacturing activity signals that commodity currencies may face further downward pressure.

  • Euro rises as Greece makes move for bailout Thursday, 23 Jul 2015 | 3:01 PM ET

    The euro strengthened on Thursday, briefly rising above $1.10 for the first time in a week.

  • Stocks steady but NZ dollar surges after small rate cut Thursday, 23 Jul 2015 | 4:57 AM ET

    TOKYO— Global stock markets were mostly higher Thursday after Greece passed another bailout hurdle and New Zealand cut interest rates. Britain's FTSE 100 gained a slight 0.03 percent to 6,669.35. KIWI FLIES: The New Zealand dollar, also known as the Kiwi, jumped as much as 1.2 percent after the country's central bank cut interest rates by a...

  • RBNZ cuts interest rates and the kiwi ... rises? Thursday, 23 Jul 2015 | 12:16 AM ET
    RBNZ cuts interest rates and the kiwi ... rises?

    Elias Haddad, senior currency strategist at Commonwealth Bank, attributes the New Zealand dollar's relief rally to factors such as positioning adjustments and a tweak in the central bank's policy statement.

  • More rate cuts coming in New Zealand? Wednesday, 22 Jul 2015 | 10:44 PM ET
    More rate cuts coming in New Zealand?

    Given that New Zealand's economy remains weak, the central bank will likely opt for another rate cut in September, putting further pressure on the kiwi dollar, says Saktiandi Supaat, head of global FX strategy at Maybank.

  • TOKYO, July 23- The dollar crawled off one-week lows against the yen in early trading on Thursday, while the New Zealand dollar rallied after the central bank there made a smaller cut to interest rates than some had expected. The kiwi dollar climbed to a peak of $0.6654, from $0.6570 before the central bank rate policy decision, and was last up 0.8 percent on the day at...

  • NZ central bank cuts rates, sees more easing ahead Wednesday, 22 Jul 2015 | 7:43 PM ET

    RBNZ cut its interest rate to counter headwinds posed by tumbling dairy prices and low inflation, and said more easing was coming.

  • Kiwi dollar's rise will be short-lived: Tempus Wednesday, 22 Jul 2015 | 6:19 PM ET
    Kiwi dollar's rise will be short-lived: Tempus

    John Doyle, director of markets at Tempus, says the New Zealand dollar is seeing a kneejerk reaction to the rate cut and the currency will likely "mellow out" later in the session.

  • Dollar recovers after drop, pound rises on BOE Wednesday, 22 Jul 2015 | 3:30 PM ET
    Foreign exchange currencies.

    The dollar rose after its biggest fall in a month the previous session, while sterling gained in response to minutes from the Bank of England's last meeting.

  • RBNZ will cut rates by 25 basis points: Strategist Wednesday, 22 Jul 2015 | 12:32 AM ET
    RBNZ will cut rates by 25 basis points: Strategist

    Sim Moh Siong, FX strategist at Bank of Singapore, says the Reserve Bank of New Zealand will likely lower interest rates at its monthly policy meeting on Thursday.

  • The dollar retreated from a three-month high against a basket of currencies on Tuesday on profit-taking.

  • Yen in focus as Nikkei nears 18-year high Tuesday, 21 Jul 2015 | 8:23 AM ET

    Japan's benchmark stock index is in touching distance of an 18-year high, thanks to a weakened yen which has come back into focus as events in China and Greece die down.

  • This is what the RBNZ will do this week Tuesday, 21 Jul 2015 | 12:15 AM ET
    This is what the RBNZ will do this week

    Khoon Goh, senior FX strategist at ANZ, expects the Reserve Bank of New Zealand (RBNZ) to cut rates by 25 basis points and strike a dovish bias at its policy meeting on Thursday.

  • Analyzing the commodity selloff Monday, 20 Jul 2015 | 10:48 PM ET
    Analyzing the commodity selloff

    Apart from supply issues, the drop in commodity prices also paints a weak picture for demand in Asia, says Sean Callow, senior currency strategist at Westpac.

  • US dollar hits three-month peak on rate-hike view Monday, 20 Jul 2015 | 3:19 PM ET

    The dollar reached its highest in three months against a basket of currencies on Monday.

  • *New Zealand dollar rebounds from six-year low on PM comments. "Higher Treasuries yields and lower gold prices are consistent with U.S. dollar strength as investors anticipate U.S. rates normalization later this year," said Eric Viloria, currency strategist at Wells Fargo Securities in New York. Fed Chair Janet Yellen testified before Congress, reiterating U.S....

  • *New Zealand dollar rebounds from six-year low on PM comments. "Higher Treasuries yields and lower gold prices are consistent with U.S. dollar strength as investors anticipate U.S. rates normalization later this year," said Eric Viloria, currency strategist at Wells Fargo Securities in New York. Fed Chair Janet Yellen testified before Congress, reiterating U.S....