Daily Forex Commentary

24 March 2017 - Markets flat ahead of Trump healthcare bill

By Vani Kolluri
New Zealand Dollar: Remaining firmly in the neutral camp the RBNZ’s decision in keeping underlying policy settings unchanged ha... read more

23 March 2017 - The greenback remains under pressure against all of its major rivals

By Vani Kolluri
New Zealand Dollar: Once again the New Zealand dollar traded in a tight range yesterday between 0.7015-0.7040 with little to no data... read more

22 March 2017 - Aussie fails to capitalise on USD weakness as resistance forces unit lower

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar once again remained in a tight range during the local session yesterday falling to an int... read more

21 March 2017 - FOMC Hangover weighs heavy on USD

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar traded in a tight range in local markets yesterday moving off support at 0.7010. Westpac consumer sentiment ... read more

20 March 2017 - Ranges steady after mid-week rally

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar traded in a tight fifty-point range to end a busy week for currency markets. The NZD rallied earlier in the ... read more

17 March 2017 - US Dollar takes focus ahead of G20 meeting

By Benjamin Hiscox
New Zealand Dollar The New Zealand Dollar has pulled back under the psychological resistance level of 70c on the back of yesterday’s G... read more

16 March 2017 - US Dollar sold off on more gradual pace of monetary tightening

By Benjamin Hiscox
New Zealand Dollar: The New Zealand Dollar rallied throughout trade on Wednesday bouncing back through 0.70 U.S cents. Having maintained a t... read more

15 March 2017 - Market turns its attention to US Federal Reserve Decision

By Benjamin Hiscox
New Zealand Dollar The New Zealand Dollar opened yesterday at levels around 0.6920 and moved within a very tight range intraday before... read more

14 March 2017 - Markets unmoved ahead of Fed decision

By Benjamin Hiscox
New Zealand Dollar The New Zealand Dollar is weaker today when valued against its US counterpart falling to a 24-hour low of 0.6913 as the F... read more

10 March 2017 - US Dollar continues to strengthen ahead of FOMC meeting

By Benjamin Hiscox
New Zealand Dollar:The New Zealand Dollar edged marginally lower through trade on Thursday breaking support at 0.6900 and touching intraday lows at 0.6890. With little mac... read more

09 March 2017 - Stronger ADP Non-Farm Employment bolsters US Dollar

By Benjamin Hiscox
New Zealand Dollar The New Zealand Dollar has slipped to a two-month low overnight of 0.6904 on the back of a rising US Dollar index. Intraday economic data ... read more

08 March 2017 - Greenback continues to recover

By Benjamin Hiscox
New Zealand Dollar: The New Zealand Dollar’s downward momentum continued through trade on Tuesday following a larger than expected decline in global dairy prices and ... read more

07 March 2017 - Heightened US rate expectations and rising European political uncertainty drive direction

By Benjamin Hiscox
New Zealand Dollar: The New Zealand slumped lower through trade on Monday moving through the psychological 0.70 handle to touch intraday lows at 0.6961. With... read more

06 March 2017 - Yellen signals rate hike in March

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar sunk to a two month low through trade on Friday as investors looked to bolster the world’s... read more

03 March 2017 - U.S Dollar edges higher again

By Matt Richardson
New Zealand Dollar: Risk appetite dipped overnight as markets continue to price in a potential interest rate hike in March by the Federal Reserve. The New Zealand dollar wa... read more

02 March 2017 - Greenback holding firm on March rate hike expectations

By Joel Holmes
New Zealand Dollar: It has been a bearish start for the New Zealand dollar in the month of March as 0.7200 was broken early morning yesterday an... read more

01 March 2017 - US President due to address Congress later today

By Matt Richardson
New Zealand Dollar: The New Zealand dollar advanced higher in overnight trading as a number of data releases saw the US dollar driven lower. Starting the day at 0.7200, we ... read more

28 February 2017 - Greenback weakens as markets await Trumps address to Congress

By Matt Richardson
New Zealand Dollar: The New Zealand dollar consolidated its position above 0.72 U.S cents, trading sideways in a tight twenty-point range in domestic trading on Monday. Vis... read more

27 February 2017 - USD Index recoups losses

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar traded in a tight range las... read more

24 February 2017 - Aussie rumbles back through 0.77

By Vani Kolluri
New Zealand Dollar: The New Zealand Dollar staged a comeback following comments by the new US Treasury Secretary Steven Mnuchin who told CNBC that he wanted ... read more

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