Kiwi dollar drops on RBNZ jawboning
![The NZ dollar has fallen as the RBNZ makes an unexpected move.](http://web.archive.org./web/20170810195707/http://www.afr.com/content/dam/images/g/h/3/q/r/w/image.related.afrIndexLead.320x210.gxtk5y.png/1502355693064.jpg)
New Zealand's central bank changed its language on the local dollar to indicate growing unease with its strength.
New Zealand's central bank changed its language on the local dollar to indicate growing unease with its strength.
The $A slid below the US79¢ mark overnight, in a broad retreat in part because of rising geopolitical tensions.
New Zealand's central bank on Thursday kept interest rates steady at record lows of 1.75 per cent.
The Swiss franc rallied hard against the euro and the US dollar overnight in a search for safe-haven assets. The $A slipped.
Slumping confidence among heavily indebted, increasingly taxed and low-wage-growth inflicted households is contrasting dramatically against a buoyant business sector.
Bond markets have played a key role in forcing the big miners to cut investment spending, pushing Queensland and WA into significant economi...
After plunging to a 14-year low in January, the euro has staged a stunning comeback, reaching its highest since January 2015.
Beijing appears to be winning the battle against capital flight, armed with a set of regulatory controls and helped along by a weaker US dol...
Businesses are enjoying operating conditions on par with the pre-2008 financial crisis era, when the economy was in danger of overheating, s...
The South African rand could surge if President Jacob Zuma is ousted today by a motion of no confidence in parliament.
Enjoy unlimited access to Australia's best business news and market insights across desktop, tablet and mobile
Already a subscriber? Log in