However, many economists question why New Zealand isn’t trading up to their full potential, having been scored so highly by this esteemed body of research economists. The answer is both simple and complex.
On a global scale, the way investors are making money in the market has changed.
Over $400 million spending record by Kiwis over the Christmas period.
The New Zealand dollar is heading for a 1.3 per cent decline over April as tensions in Ukraine eroded investors' appetite for risk-sensitive assets.
According to HMRC, 1 in 3 taxpayers are due some tax back, with an estimated £322 million going unclaimed each year. This situation also affects many New Zealanders working in Britain.
The Kiwi opened the week on a strong note after data showed a decline in global dairy prices.
The New Zealand dollar fell from a two-week high ahead of US employment figures on Friday, which will indicate the pace of recovery in the world's biggest economy.
The New Zealand Dollar has weakened against the pound but still remains firm against the Aussie Dollar ahead of the speech by Governor of the Reserve Bank of Australia, Glenn Stevens.
The UK is home to over 60 000 New Zealanders. That’s a lot of expats calling Britain home.
The New Zealand Dollar could see another gain this week from its five month high on the currency market. Investors will be speculating as to whether the US Federal Reserve will continue the monetary stimulus into the economy.
THE NEW ZEALAND DOLLAR | The New Zealand Dollar opened this week slightly better from last week’s news with dairy Exporter, Fonterra’s reporting of weaker second half earnings, causing a bit of a headache for the export sector.
THE NEW ZEALAND DOLLAR | New Zealand dollar opened the final week of the September weaker after news that the countries largest dairy exporter, Fonterra, reported weaker second half earnings.
The New Zealand Dollar has been climbing steadily reaching its highest level in more than three weeks.
The Aussie and New Zealand Dollar climbed to their highest point this month as new trade figures have shown China’s August exports have increased, showing that the economy has managed to push through a sharp slowdown. China remains one of New Zealand’s top importers.
The Kiwi weakened substantially after the announcement of lower interest rates to open the UK trading day on Tuesday at 1.9615 to the Pound and 1.2529 to the US Dollar.
The Kiwi showed some positive signals after a recent milk contamination scare that put some substantial pressure on New Zealand’s exports.
China and Russia have temporarily suspended the importation of New Zealand milk powders after Fonterra Cooperative Group LTD warned about possible bacteria in their whey products that causes botulism.
The major contributing factor to the strengthening of the Kiwi against the US Dollar and other major currencies last week came from the New Zealand Reserve Bank.
The major contributing factor to the strengthening of the Kiwi against the US Dollar last week was that the Federal Reserve Chairman, Ben Bernanke, put investor’s minds at ease by informing them that the Federal Reserve will not be buying back large amounts of its bonds at once.
NEW ZEALAND DOLLAR REVIEW | Last week Wednesday saw the British Government confirming that Austerity remains the key economic policy in the run up to the 2015 elections.
