It is autumn 1987, and Andrew Krieger, a trader at Bankers Trust, is watching the New Zealand dollar (NZD) in the aftermath of the 1987 stock market crash. Currencies such as the NZD (also called the “Kiwi”) are being bid up by …
This summer has seen a long-term bull market for the New Zealand dollar finally taper off as carry traders cash ... to prevent the currency from strengthening further, the market took stock, causing a sell-off. The increasing popularity of …
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A further rationale for seeing the Euro appreciate versus the New Zealand Dollar is the risk that a rise in interest rates …
The CBOE Volatility Index, the most widely followed barometer of expected near-term US stock market volatility ... off their lowest closing levels in a month. …
The investors pulled the US stock markets to a mixed territory on the background ... The American currency has been moving through a channel versus the NZD during the month, between 0.825 and the 200 SMA at 0.805. The pair …
US stock futures were marginally softer on Friday ... However, the early gains were short-lived as the New Zealand dollar tumbled to the lowest since July 18 to …
The New Zealand Dollar may see considerable selling pressure in the coming week as a downward reversal in global risk appetite weighs on high-yielding and commodity-linked currencies. Risky assets look decidedly vulnerable, with the …
The stock fell 85 cents to $12.76 ... Brent crude, the worldwide standard, lost 28 cents to $52.09 a barrel in London. The NZD/USD was trading at $0.7328, down …
Tokyo • Global stock markets were mostly higher Thursday after Greece ... KIWI FLIES: One big mover was the New Zealand dollar, also known as the Kiwi, which jumped as much as 1.2 percent after the country's central bank cut …