Currencies

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Never a dull moment for the NZ$

HiFX's Dan Bell says European Central Bank may cut interest rates and get its printing press out again before the all important June 17 Greek election

'Next 5-10 years make or break for NZ'

Next 5-10 years make or break for NZ economy, ANZ chief economist Bagrie says; Urges govt to turn attention to natural resources, renewables potential; Details the 6 Cs

NZ$ slips further against US$

Budget fails to shake fx markets - currency underpinned by relatively strong fiscal position

NZD holds after 'zero budget' delivered

Simmering European concerns keeps euro weaker against the majors

Economic prospects dim

Most of the bad news is already priced into equity markets; traders buying on weakness

Bill's ChCh CHA budget

Budget 2012 is a steady as she goes budget that relies on growth and a bit of tweaking to return to surplus, but doesn't shift NZ's growth track

Treasury lowers interest rate track

Treasury lowers forecast interest rate track over next four years; Expects first OCR hike at start of 2013, and for OCR to rise higher than Reserve Bank thinks

Govt eyes NZ$1.4b revenue grab

Govt eyes NZ$1.4 bln extra revenue over next four years as tobacco excise hiked, mixed-use and livestock rules tightened, tax compliance increased

NZ$ slips further against US$

Better than expected US housing data sends US equities higher in late trading

NZD/USD trades under 75 cents

Hints of further quantitative easing in UK following recent weak economic data

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