sign uplog in
Want to go ad-free? Find out how, here.

90 at 9: Chrysler files for Chapter 11; NZ$ loses overnight gains

90 at 9: Chrysler files for Chapter 11; NZ$ loses overnight gains
Alex Tarrant details key news from overnight as the NZ dollar moved around quite a bit. Following the close of trading in New Zealand, it regained post-OCR losses, but fell again following news from the US including news that Chrysler had filed for Chapter 11 bankruptcy. US consumer spending fell 0.2% in March after a 0.4% rise in February, and the number of new jobless claims in the US fell for the third week in a row.

We welcome your comments below. If you are not already registered, please register to comment.

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.