Scammer grabs $50k in 'anti-virus software' hoax

A scam artist transferred $50k from a man’s bank accounts after tricking him into downloading what he thought was anti-virus software.But it turned out to be remote access software which was used to find out the man’s username name…

No grounds for MBIE to protect local steel makers

The Ministry of Business, Innovation and Employment says there are no grounds to impose provisional measures to protect steel products makers while it investigates claims subsidised Chinese rivals are damaging the local industry.In…

Roger J Kerr says there has not been sufficient adverse or positive economic/financial market news to move the NZ dollar out of its groove

Tweet By Roger J Kerr As the year draws to a close the Kiwi dollar remains stuck in its new trading range between 0.6800 and 0.6950. There has not been sufficient adverse or positive economic/financial market news to push the NZ dollar out of that trading range. There have been several attempts to test the downside support at 0.6800, however each …

The Opening Bell: Where currencies start on Monday, December 11, 2017

Tweet By Dan Bell The NZDUSD opens at 0.6851 (mid-rate) this morning. Friday trading was dominated by news that the UK and European Union were close to agreeing the first phase of Brexit negotiations with the GBP pushing higher during our trading session before retracing the move on the actual announcement with investors taking profit and “selling the fact”. The USD …

GBP was the key mover on Friday; NZD remained little changed from the NZ close at around 0.6840 USD; there was a slight steepening of the curve after the US employment report

Tweet By Jason Wong Currency movements were modest at the end of last week, with GBP the only notable mover Friday night despite signs that Brexit talks can move to the next phase.  There was a slight steepening of the curve after the US employment report. GBP was the key mover on Friday, moving higher in the morning NZ time …