New Zealand dollar

Dollar set to snap 4-week winning streak on US fiscal health worries

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Dollar set to snap 4-week winning streak on US fiscal health worries

The U.S. dollar was soft on Friday, poised to make its first weekly drop in five weeks against the euro and the yen as worries over the United States’ worsening fiscal health sent investors scurrying for safe havens. After Moody’s last week downgraded its U.S. debt ratings, investor attention this week has honed in on … Read more

Dollar steady ahead of Fed minutes, NZ dollar falls after rate cut

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Dollar steady ahead of Fed minutes, NZ dollar falls after rate cut

The dollar drifted sideways on Wednesday, giving some relief to the yen and other major currencies after a sharp rally to a seven-week high last week, as investors paused to assess the interest rate path outlook for the United States. The New Zealand dollar slumped to its lowest since Aug. 19 at $0.6096, after the … Read more