The comment stream

Recent comments

Reader poll

It will fall back to about A92 cents
32% (110 votes)
It will likely end up about where it is now around A97 cents
19% (66 votes)
It will overtake the Australian dollar and head towards A$1.02 or even higher
19% (66 votes)
It will hit parity A$1.00
17% (57 votes)
It will stop just short of parity at around A99 cents
13% (46 votes)
Total voters: 345

Where do you think the NZ dollar could end up against the Aussie dollar by the end of the year?

Older polls

TWI

90 seconds at 9 am: ECB QE arrives

ECB to start bond buying on Monday, warns Greeks; UK SFO investigating the BofE; Brazil raises rates; UST 10yr yields up to 2.12%; NZ$1 = 74.6 USc, TWI = 78.8

What happened Thursday

A review of things you need to know before you go home on Thursday; visitors spend up large, RBNZ shames JPMorgan (sort of), RBNZ's review hits NZD, linker yield rises

NZD/AUD peppers all time highs

Euro sold off ahead of ECB meeting; NZD/AUD & NZD/EUR cross rates keep climbing; Bank of Canada holds rates

90 seconds at 9 am: Services shine

US jobs grow as service sector expands; eurozone retail keeps expanding; India cuts rates again; Murray worries; UST 10yr yields 2.10%; NZ$1 = 75.8 USc, TWI = 79.8

What happened Wednesday

A review of things you need to know before you go home on Wednesday; TSB cuts td rates, jump in mortgage values, jump in median rents, Barfoot's prices ease, swap rates jump

RBA decision helps push NZD higher

Dairy price index up 1.1%; RBA leaves rates unchanged but maintain clear easing bias; Spanish employment numbers best since 2001

90 seconds at 9 am: Dairy prices stabilise

Dairy prices hold; RBA also holds; a flood of China bond demand coming; expensive Danish defense; BofE currency boss fired; UST 10yr yield 2.09%; NZ$1 = 75.7 USc, TWI = 79.3

What happened Tuesday

Updated
A review of things you need to know before you go home on Tuesday; SUV surge, WMP boosts commodity prices, AKL bubble bigger, waiting for RBA

Market expecting RBA to cut rates

China's rate cut sets scene for Australia to follow suit; expectations NZD/AUD could go higher; oil price still not found the bottom

90 seconds at 9 am: China slips

US incomes rise, consumer spending falls; global factories busy, except Australia; China lowers sights; eyes on RBA; UST 10yr up to 2.05%; NZ$1 = 75.1 USc, TWI = 79