Daily Forex Commentary

02 October 2014 - Dairy prices drag Kiwi lower

By Michael Judge
New Zealand Dollar:Weighing heavily on the New Zealand dollar upon open this morning International dairy prices fell back to levels not seen since May 2012. Delivering a f... read more

01 October 2014 - Business Confidence brings NZD back to 0.78 handle

By Shan Thoo
New Zealand Dollar: Despite a slow start to the day the NZD ticked higher throughout trade as upbeat ANZ Business Confidence data indicated positive sentiment surrounding t... read more

30 September 2014 - RBNZ Announcement Sends the Kiwi Tumbling

By Shan Thoo
New Zealand Dollar: The Kiwi plummeted over 150 points against the greenback yesterday after the Reserve Bank released a statement outlining that in August they had sold of... read more

29 September 2014 - Greenback strength weighs on the Kiwi

By Shan Thoo
Australian Dollar: The AUD starts the week off much weaker amid ongoing economic growth concerns for China. The Aussie opens this morning buying 87.69 U.S cents, trending d... read more

26 September 2014 - Kiwi continues to fall

By Michael Judge
New Zealand Dollar:In a statement which caught investors off guard yesterday New Zealand’s Reserve Bank Governor Graeme Wheeler stated the New Zealand dollar remains... read more

25 September 2014 - Kiwi touches one year lows

By Matt Richardson
New Zealand Dollar: The New Zealand dollar offered little for investors holding within a tight trading range and bouncing between 0.8045 and 0.8090 for much of the day. Des... read more

24 September 2014 - NZD continues to fall as strong Chinese data not enough

By Jay Goodman
New Zealand Dollar: The New Zealand dollar struggled to gain momentum on Tuesday however did manage to marginally strengthen after positive Chinese data was released just a... read more

23 September 2014 - Greenback strength shown as Kiwi falls

By Jay Goodman
New Zealand Dollar: The New Zealand dollar opened Monday stronger against the Greenback as the National party was re-elected over the weekend to their 3rd straig... read more

22 September 2014 - Key Win for the Nationals

By Jay Goodman
New Zealand Dollar: The New Zealand dollar fell slightly against the Greenback during Friday’s trade after local data failed to impress. Visitor arrivals can be seen ... read more

19 September 2014 - Kiwi stronger on mixed US numbers

By Jay Goodman
New Zealand Dollar: The New Zealand dollar managed to turn around a small portion of the losses taken against the Greenback over the last few days after the quarterly GDP n... read more

18 September 2014 - Fed Rhetoric keeps Greenback Strength intact

By Michael Judge
New Zealand Dollar: The New Zealand dollar has plunged to a fresh 7-month low against its US Counterpart in overnight trade after the US Federal Reserve raised hopes of hig... read more

17 September 2014 - Markets continue to wait on Federal Reserve

By Michael Judge
New Zealand Dollar:The New Zealand dollar has been well supported in overnight trade with demand for the Kiwi bolstered by a diary product auction which saw prices inch hi... read more

16 September 2014 - Kiwi firms against a weaker Greenback

By Michael Judge
New Zealand Dollar:Having enjoyed a relatively quiet intraday session on Monday the New Zealand dollar received a boost overnight after a report showed a surprise decline ... read more

15 September 2014 - Volatility returns as investors bring forward rate expectations

By Michael Judge
New Zealand Dollar: Having reached a seventh month low last week when valued against a much stronger US dollar, confirmation by the RBNZ that neutral monetary policy settin... read more

12 September 2014 - RBNZ drives NZD to 7 month lows

By Matt Richardson
New Zealand Dollar: The New Zealand dollar opens lower this morning in the wake of yesterday’s RBNZ announcement. Having opted to keep interest rates on hold reserve ... read more

11 September 2014 - Kiwi slides as RBNZ opts to leave rates unchanged

By Matt Richardson
New Zealand Dollar: The New Zealand Dollar moved lower this morning as the RBNZ opted to keep rates on hold allowing the economy time to adjust to earlier rate hikes. The C... read more

10 September 2014 - Broad based US strength sees Kiwi driven lower

By Matt Richardson
New Zealand Dollar: The New Zealand dollar continued its weekly reversal touching overnight lows at 0.8224 before closing the session just below 0.8250. A victim of overall... read more

09 September 2014 - Kiwi drops on increased expectations of Fed rate hikes

By Matt Richardson
New Zealand Dollar: The New Zealand dollar dipped to six month lows as expectations the US Federal Reserve will look to hike rates throughout the 2nd or 3rd... read more

08 September 2014 - Kiwi finds support on soft US Non-Farm Payroll reading

By Matt Richardson
New Zealand Dollar: Much like its antipodean cousin the New Zealand Dollar rallied into the weekly close Friday on softer US jobs data. Weaker than anticipated Non-Farm Pay... read more

05 September 2014 - Central Bank surprise – ECB cuts rates

By Matt Richardson
New Zealand Dollar:The New Zealand Dollar opens this morning marginally lower against its US counterpart as strong data was offset by the European Central Banks stunning r... read more

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