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Tag: N.Z. Dollar

Australian Dollar Rises From One-Week Low; N.Z. Dollar Declines

By Candice Zachariahs
March 10 (Bloomberg) — Australia’s dollar rose after touching a one-week low as rising domestic stocks revived demand for the currency. New Zealand’s dollar fell.

Australian, N.Z. Dollars Slip as Asia, U.S. Slumps Deepening

By Candice Zachariahs
Feb. 26 (Bloomberg) — The Australian and New Zealand dollars slid after government reports in Asia, Europe and the U.S. increased concerns the global recession is deepening.

Australian, N.Z. Dollars Slide on RBA Minutes, Europe Concerns

By Candice Zachariahs
Feb. 17 (Bloomberg) — The Australian dollar slid as the central bank said record-low interest rates will take time to revive economic growth and the euro dropped to a 2 1/2-month low, raising speculation investors will dump higher-yielding assets.

Australia, New Zealand Dollars Slip as G-7 Calls Slump ‘Severe’

By Candice Zachariahs
Feb. 16 (Bloomberg) — The Australian and New Zealand dollars declined after the Group of Seven finance ministers said the “severe” global downturn would persist through most of 2009, intensifying speculation investors will dump riskier assets.

Australian, N.Z. Dollars Fall as Japan Machinery Orders Shrink

By Garfield Reynolds
Feb. 9 (Bloomberg) — The Australian and New Zealand dollars fell as Japanese orders for machinery posted a record quarterly decline, heightening the risk of a prolonged recession in one of Australia’s biggest trading partners.

N.Z. Dollar Gains After Jobless Data; Australian Dollar Rises

By Candice Zachariahs
Feb. 5 (Bloomberg) — New Zealand’s dollar rose for a third day after the government reported jobless data that was better than some economists were expecting. The Australian currency also advanced.