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NZForex Commentary

US Dollar loses momentum

Michael Judge

Australian Dollar:

Spending all of the domestic session up above the 93 US Cents handle yesterday the Australian dollar has done very well to maintain its recent value in t... ...read more

Forex News

FOREX-Euro bereft of support on ECB view, sterling off lows

Tuesday, 26 August 2014 | Reuters

The euro stayed on the back foot early on Tuesday, having extended its decline particularly against the Swiss franc overnight as markets toyed with the idea of another round of policy easing by the European Central Bank....read more

FOREX-Euro hit by dovish Draghi, dollar powers up

Monday, 25 August 2014 | Reuters

The euro fell to its lowest in nearly a year against a broadly firmer dollar on Monday after comments from the head of the European Central Bank raised prospects of more policy easing as early as next week. The common currency skidded to $1....read more

FOREX-Sterling bulls hit by BOE dovish shift, euro eyes GDP

Thursday, 14 August 2014 | Reuters

Sterling languished at four-month lows early on Thursday, having taken the honours of the worst-performing major currency after the Bank of England signalled it was in no hurry to raise interest rates. The pound traded at $1....read more

FOREX-After stellar July, dollar off to pedestrian start in August

Monday, 04 August 2014 | Reuters

The U.S. dollar got off to a calm start on Monday, having suffered its biggest one-day fall in nearly a month after a batch of economic data led markets to push back expectations for the start of the Federal Reserve's rate-tightening cycle....read more

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