Remarks by the top official with the central bank of New Zealand pulled down the nation's monetary unit on Wednesday against all 16 of its major counterparts, Bloomberg reports. While addressing manufacturers and exporters in Auckland, Governor Graeme Wheeler with the Reserve Bank of New Zealand said intervention is readily available and a very viable… Read more.
A surprise drop in payrolls in Australia pinched the value of the nation’s monetary unit on Thursday as concerns continued growing about the health of the country’s economy, according to Bloomberg. The Australian dollar dropped for a third-straight day against the monetary unit of Japan and the New Zealand dollar followed the downward slope of… Read more.
Monday saw the Canadian dollar lose value against the currencies of Australia and New Zealand as the probability of more international investment in China grew, according to Bloomberg. The loonie fell against the majority of its 16 major rivals as Chinese stocks demonstrated their top gains in nearly one month after the China Securities Regulatory… Read more.
The Australian dollar slipped on Wednesday against the U.S. dollar after retail sales slowed in the South Pacific nation, halting three consecutive days of gains, Bloomberg reports. Those losses helped augment conjecture about the South Pacific country preparing to cut interest rates before March in order to spur the economy. But the New Zealand dollar… Read more.
Tuesday saw the Australian dollar lose value for the first time in three trade sessions after the nation released economic data noting it endured its biggest trade deficit in more than four years, Bloomberg reports. New Zealand's monetary unit also slipped on Tuesday as the Kiwi monitored the slippage of Asian equities, prompting losses to… Read more.
Monday saw the Australian dollar increase in value against most of its developed-market counterparts as speculation mounted that Japan is preparing to enhance spending as a method of driving its economy, Bloomberg reports. The Aussie boosted in value against the dollar of New Zealand, which monitored losses of stocks from Asia. One currency strategist said… Read more.
Preoccupations about inclement weather in the globe's third-largest exporter of corn pushed up prices of the grain on Monday, according to Bloomberg. Corn futures rose from their lowest value in roughly 180 days amid reports of heavy rain in Argentina. Conjecture about five weeks of drops drawing the interest of buyers benefited the price of… Read more.
The Australian dollar dropped against each of its 16 major counterpart currencies on Thursday as U.S. political leaders facing a daunting deadline prepared to convene again to discuss staving off next year's automatic implementation of more than $600 million in tax hikes and spending cuts, Bloomberg reports. The Aussie was heading toward its top losses… Read more.
Monday saw the Australian dollar edge downward against most of its rivals in the aftermath of rough waters of negotiations in the world's largest economy regarding the fiscal cliff, Bloomberg reports. So too did the monetary unit of New Zealand slip in value on Monday against most of its counterparts after the back-up plan issued… Read more.
South Pacific monetary units were losing value on Friday as political leaders in the U.S. made minimal progress to blunt the fiscal cliff debacle from pushing the world's largest economy into a double-dip recession, Bloomberg reports. The dollar of Australia marked a weekly loss against the U.S. dollar after the plan submitted by Speaker of… Read more.