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Sunday, 26 May 2013
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NZ dollar hits 8 month low
09:25 | 20/5/13
New Zealand Herald
The New Zealand dollar dropped to an eight-and-a-half-month low on optimism an improving economic outlook in the US may prompt that nation's central bank to end its quantitative easing policy.
Aussie dollar plummeting
11:07 | 24/5/13
At market close yesterday, the Australian dollar was buying just over 96 US cents, a stark contrast from April when it was up around $1.05.
NZ dollar drops to eight month low
10:04 | 20/5/13
The New Zealand dollar has dropped to an eight-and-a-half-month low on optimism an improving economic outlook in the US may prompt that nation's central bank to end its quantitative easing policy.
New Zealand Dollar Rebounds Vs Greenback; Eyes On Bernanke
04:05 | 21/5/13
Wall Street Journal
WELLINGTON, New Zealand—The New Zealand dollar was slightly higher against the U.S. dollar late Monday, recovering from losses overnight Friday.
Australian Dollar Outlook - 20 May 2013
12:55 | 20/5/13
International Business Times AU
Bell FX Currency Outlook The Australian Dollar's recent fall has stabilised with the local currency opening trade this morning in the mid 0.9700's.
NZ dollar weakens ahead of Fed comments
09:16 | 22/5/13
The New Zealand dollar has weakened against its US counterpart amid speculation growth in the world's largest economy may spur the Federal Reserve to reduce stimulus, known as quantitative easing.
NZ dollar drops to 80.64 US cents
09:09 | 23/5/13
New Zealand Herald
The New Zealand dollar fell after US Federal Reserve Chairman Ben Bernanke said the central bank may taper monthly bond purchases at its next few meetings if it's confident of sustained gains in the economy.
Australian dollar could dive below 90 US cents in coming weeks
08:01 | 21/5/13
There are predictions that the Australian dollar could fall as low as 90 US cents in the coming weeks and months. Not that long ago, the Australian dollar could do no wrong. However, its recent demise - down more than 8 per cent this year and more than ...
Buckle up for the Aussie dollar rollercoaster ride
09:12 | 22/5/13
For example, back in May 2008 the Australian dollar was worth around 95 US cents. Westpac's chief economist, Bill Evans predicted that our currency would reach parity with the US dollar "by March 2009", and he noted, "The single most important ...
NZ dollar tumbles over night
12:06 | 23/5/13
The New Zealand dollar has tumbled over night losing two cents, currently sitting around 80.60 US cents. The market has been spooked by the chairman of the US Central Bank Ben Bernanke's comments to Congress, that he might start cutting back on ...
Aussie dollar still falling
14:38 | 23/5/13
The West Australian
... savaged budget revenues," Mr Swan said. The RBA governor on a number of occasions has said the high Australian dollar was a factor in why the central bank had made a series of interest rate cuts, sending the cash rate to a record low of 2.75 per cent.
NZ dollar falls to 8-month low
17:14 | 23/5/13
The New Zealand dollar fell to an eight-month low after figures indicated Chinese manufacturing shrank this month and Federal Reserve chairman Ben Bernanke told politicians quantitative easing could be tapered off if the world's biggest economy keeps ...
Germans blame euro zone crisis for Eurovision debacle
01:28 | 20/5/13
BERLIN (Reuters) - Germans lamented their unexpectedly poor showing at the Eurovision Song Contest, blaming Chancellor Angela Merkel's tough stance in the euro zone crisis for their failure to win any points from 34 of the 39 countries voting. Denmark ...
NZ dollar slips as investors await Bernanke's take on QE
17:24 | 22/5/13
Yahoo! New Zealand News
May 22 (BusinessDesk) - The New Zealand dollar edged lower in the local session as investors hold off from making any decisions ahead of Federal Reserve chairman Ben Bernanke's Congressional testimony, where he's expected to give his view on ...
NZ dollar pares loss as investors kept wary
17:30 | 20/5/13
The New Zealand dollar pared its decline in local trading as the prospect of Federal Reserve chairman Ben Bernankes Congressional testimony on Wednesday keeps traders wary of taking their greenback support too far.
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