Daily Forex Commentary

27 September 2016 - Limited Data announcements result in limited volatility

By Adrian Steele
New Zealand Dollar: The New Zealand Dollar was able to recover from a worse than expected trade deficit early in the day to finish the day purchasing 0.7574 USD. The trade ... read more

26 September 2016 - Markets consolidate following central bank statements earlier in the week

By Adrian Steele
New Zealand Dollar: The New Zealand Dollar wiped away the gains made through the beginning of the week during the last 48 hours of the week as the RBNZ signalled that it wo... read more

23 September 2016 - Quiet day on the currency front

By Adrian Steele
Australian Dollar: The Australian Dollar hit two week highs of 0.7674 during overnight trade as the market continues to digest the Federal Reserve’s decision to keep... read more

22 September 2016 - Markets fizzle as Central Banks fail to deliver

By Matt Richardson
New Zealand Dollar:The New Zealand dollar edged higher through trade on Wednesday marching back through the 0.73 handle. Buoyed by wider USD weakness following the FOMC ra... read more

21 September 2016 - Markets subdued leading into FOMC and BoJ Policy announcements.

By Matt Richardson
New Zealand Dollar: The New Zealand dollar edged marginally higher through trade on Tuesday creeping back through 0.73 and touching intraday highs at 0.7358. The Kiwi found... read more

20 September 2016 - Markets consolidate in the lead up to the Fed announcement

By Adrian Steele
New Zealand Dollar: The USD was unable to maintain the levels reached following the positive CPI release on Friday with the New Zealand Dollar able to regain the losses inc... read more

19 September 2016 - Greenback strength following a positive CPI number

By Adrian Steele
New Zealand Dollar:The New Zealand Dollar had a soft end to the week on Greenback strength following a positive CPI data set out of the US. The NZD finished the week buyin... read more

16 September 2016 - Markets prepare positions ahead of FOMC and BoJ meetings

By Matt Richardson
New Zealand Dollar: The New Zealand Dollar moved marginally higher Thursday bolstered by wider USD profit taking and a recovery in oil prices. Having touched intraday lows ... read more

15 September 2016 - Markets waver ahead of Central Bank onslaught

By Michael Judge
New Zealand Dollar: The New Zealand dollar edged upward through trade on Tuesday recouping some of the week’s earlier losses and closing in on the 0.73 U.S cent hand... read more

14 September 2016 - Greenback rallies as oil prices plummet and interest rate bets increase

By Matt Richardson
New Zealand Dollar: The New Zealand dollar suffered a 130 point sell off through trade on Tuesday as investors moved away from riskier commodity linked currencies. Declinin... read more

13 September 2016 - Dovish sentiments push the USD lower

By Adrian Steele
Australian Dollar: The Australian Dollar spent most of Monday threatening to drop below 75 cents against the US and was briefly able to do so doing European trade before a... read more

12 September 2016 - The USD continues its good run

By Adrian Steele
New Zealand Dollar: The New Zealand Dollar continued its slide on Friday though was able to find some support above 73 cents against the USD. With no data out locally the N... read more

09 September 2016 - Depreciating oil stock spurs U.S inflation expectations

By Matt Richardson
New Zealand Dollar: The New Zealand dollars advanced stalled through trade on Tuesday as the Kiwi suffered modest losses following increased U.S inflation expectations. Wit... read more

08 September 2016 - Central Banks in focus; Eyes on ECB and discord within BoJ

By Matt Richardson
New Zealand Dollar: The New Zealand dollar continued to build on recent momentum extending 16 month highs touching intraday highs at 0.7485 through trade on Wednesday. The ... read more

07 September 2016 - Softer services data slams door on September rate hike

By Matt Richardson
New Zealand Dollar: The New Zealand dollar surged upward through trade on Tuesday following weaker than expected U.S macroeconomic data and a stronger than anticipated incr... read more

06 September 2016 - The NZD pushes through 73 cents against the USD

By Adrian Steele
New Zealand Dollar:The New Zealand Dollar pushed through and was able to finish the day above the 73 cent handle against the USD. The strength partly due to the USD weakne... read more

05 September 2016 - US jobs data fails to meet expectations

By Adrian Steele
New Zealand Dollar:The New Zealand Dollar had a fairly quiet day except for a bit of movement around the release of the non-farm payroll data out of the US. After spending... read more

02 September 2016 - US rate expectations the main driving force

By Nzforex Daily Commentary
Australian Dollar:Painting a bleaker picture than both the Federal Treasury and the Reserve Bank, new investment figures yesterday showed manufacturing investment remained... read more

01 September 2016 - Soft U.S manufacturing data dampens Greenback rally

By Matt Richardson
New Zealand Dollar: The New Zealand dollar crept marginally higher through trade on Wednesday having found support on moves below 0.7215. A stable ANZ business confidence r... read more

31 August 2016 - Kiwi edges lower as U.S IR expectations improve

By Matt Richardson
New Zealand Dollar: The New Zealand dollar edged lower through trade on Tuesday as investors continued to adjust expectations surrounding a U.S interest rate hike. Comments... read more

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