Daily Forex Commentary

29 July 2016 - Bank of Japan Front and Centre through trade on Friday

By Matt Richardson
New Zealand Dollar: The New Zealand dollar crept higher through trade on Thursday consolidating gains earned on moves beyond 0.70. The Kiwi found support in early trade on ... read more

28 July 2016 - Kiwi steady in face of Fed’s hawkish bias

By Matt Richardson
New Zealand Dollar: The New Zealand dollar maintained a relatively tight trading band through trade on Wednesday holding onto recent gains above 0.70 and touching intraday ... read more

27 July 2016 - Kiwi buoyed by carry trade demand

By Matt Richardson
New Zealand Dollar: The New Zealand dollar rallied through trade on Tuesday bouncing back through the psychological 0.70 handle and touching intraday highs at 0.7085. The K... read more

26 July 2016 - Narrow trading bands remain as data remains limited

By Adrian Steele
New Zealand Dollar: Following a similar pattern to Friday the NZD spent most of Monday trying to push through 70 cents against the USD. It was briefly able to do so hitting... read more

25 July 2016 - A quiet end to the week see limited movement in currency markets

By Adrian Steele
Australian Dollar: The Australian Dollar had a slow finish to the week briefly hitting 2 week lows on Friday of 0.7442 against the USD before finishing the day at 0.7454. ... read more

22 July 2016 - Kiwi depreciation deepens on heightened rate cut expectations

By Matt Richardson
New Zealand Dollar: The New Zealand dollar suffered a 7th straight daily depreciation and was one of the days big movers Thursday as markets reacted to the ... read more

21 July 2016 - Kiwi gaps lower on heightened rate cut expectations

By Matt Richardson
New Zealand Dollar: The New Zealand dollar gapped lower on open this morning following an economic outlook update from the RBNZ. The Central bank announced it expects to ma... read more

20 July 2016 - Kiwi edges lower as Investors increase bets for rate cut

By Matt Richardson
New Zealand Dollar: The New Zealand dollar edged lower through trade on Tuesday as investors responded to heightened expectations of future monetary policy easing. Touching... read more

19 July 2016 - RBNZ announces changes to loan-to-value restrictions

By Adrian Steele
New Zealand Dollar: The New Zealand Dollar fell below 71 US cents for the first time in a week as it continues to pull back from the 12 month highs. The CPI data released y... read more

18 July 2016 - The USD reacts positively to the retail sales data out Friday

By Adrian Steele
New Zealand Dollar: The NZD had a sluggish end to the week after starting the week strongly. The NZD lost ground after positive US retail sales data and profit taking in th... read more

15 July 2016 - Investors await growth indicators from China

By Michael Judge
New Zealand Dollar: The New Zealand dollar has traded in a broad range when valued against its US Counterpart over the past 24 hours gyrating between a low of 0.7175 and a ... read more

14 July 2016 - Waning risk appetite doesn’t dampen demand for Kiwi

By Matt Richardson
New Zealand Dollar: The New Zealand dollar offered little to excite investors through trade on Wednesday maintain recent gains in the face of wanning risk appetite. Having ... read more

13 July 2016 - Renewed risk appetite drives demand across commodity currencies

By Matt Richardson
New Zealand Dollar:The New Zealand dollar rallied through trade on Tuesday, buoyed by renewed demand for risk across commodity currencies. Advancing some 100 points the Ki... read more

12 July 2016 - A quiet day sees the USD regain some ground

By Adrian Steele
New Zealand Dollar:The New Zealand Dollar performed poorly on Monday falling from the 14 month highs to open this morning buying 0.7219 US Dollars. As the market took a br... read more

11 July 2016 - Strong US employment data fails to make an impact

By Adrian Steele
New Zealand Dollar: The New Zealand dollar had a big finish to the week gaining over 150 points across Thursday and Friday and opens this week at 0.7289 against the USD. Th... read more

08 July 2016 - Attention turns to the US labour market

By Michael Judge
New Zealand Dollar: Clawing its way back from opening levels of 0.7129 when valued against its US Counterpart yesterday the New Ze... read more

07 July 2016 - US Fed Minutes cement dovish view

By Michael Judge
New Zealand Dollar: The New Zealand dollar has traded between a low of 0.7079 and a high of 0.7156 when valued against its US Coun... read more

06 July 2016 - Bank of England voices its concerns, markets listen.

By Michael Judge
New Zealand Dollar: The New Zealand dollar has tracked global equity markets lower over the past 24 hours with falling commodity and oil prices, alo... read more

05 July 2016 - Risk sentiment improves as AUD and NZD have a positive day

By Adrian Steele
New Zealand Dollar: The New Zealand dollar had its fifth consecutive positive day since the Brexit decision and has been able to all but wipe out the losses from the event.... read more

04 July 2016 - The NZD finishes the week in the black

By Adrian Steele
New Zealand Dollar: The New Zealand finished the week almost 1% up from the weeks open as the markets started to take stock following the Brexit decision the week before. T... read more

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