Daily Forex Commentary

24 November 2014 - China cuts rates as Kiwi rallies late

By Jay Goodman
New Zealand Dollar: The New Zealand dollar received some much needed offshore help late on Friday rallying above the daily open to end a recent run where the higher yieldin... read more

21 November 2014 - NZD range bound into the weekly close

By Matt Richardson
New Zealand Dollar: The New Zealand dollar traded sideways for much of the trading day Thursday bouncing between 0.7805 and 0.7880. Despite an unexpected dip in PPI input a... read more

20 November 2014 - Kiwi lower as dairy prices drop

By Matt Richardson
New Zealand Dollar: The New Zealand dollars six day rally stalled Wednesday as markets responded to a decline in the average price of whole milk powder. Investors had been ... read more

19 November 2014 - Kiwi ticks lower as global dairy prices fall

By Matt Richardson
New Zealand Dollar: The New Zealand Dollar edged higher throughout domestic trade yesterday as markets positioned themselves ahead of the GDT Price Index report and an expe... read more

18 November 2014 - Kiwi ticks higher on stronger retail sales

By Matt Richardson
New Zealand Dollar: The New Zealand Dollar enjoyed an upbeat start to the week advancing in early trade and touching intraday highs of 0.7975. Retail Sales data showed cons... read more

17 November 2014 - Kiwi rallies on Fonterra milk forecasts

By Matt Richardson
New Zealand Dollar: The Kiwi rallied strongly Friday breaking back through 0.79 as the world’s biggest Dairy Exporter, The Fonterra Cooperative Group, reiterated its ... read more

14 November 2014 - Offshore weakness, Kiwi steady

By Michael Judge
New Zealand Dollar: The New Zealand dollar is marginally stronger this morning when valued against its US Counterpart having traded in a 24 hour range of 0.7839 – 0.7... read more

13 November 2014 - Kiwi jumps versus the pound

By Michael Judge
New Zealand Dollar: Presenting the RBNZ’s six monthly financial stability report yesterday morning Governor Graeme Wheeler pledged that the temporary restrictions on ... read more

12 November 2014 - Greenback stalls, Yen tumbles

By Michael Judge
New Zealand Dollar:The New Zealand dollar has strengthened against a notably weaker Greenback over the past 24 hours touching a high of 0.7840 when valued against its US C... read more

11 November 2014 - NZD loses momentum during quiet session

By Michael Judge
New Zealand Dollar: Demand for the New Zealand dollar has waned during the early parts of this week in what has been a relatively quiet 24 hour period. In the absence of an... read more

10 November 2014 - US Employment Report misses its mark, NZD higher

By Michael Judge
New Zealand Dollar: The New Zealand dollar rose when valued its US Counterpart late on Friday after a US jobs report showed US employers had added 214 000 new workers last ... read more

07 November 2014 - NZD continues to fall as US numbers impress once again

By Jay Goodman
New Zealand Dollar: Continuing on from prior night’s trade the New Zealand dollar drifted lower on Thursday versus the Greenback. US dollar strength did not ease up a... read more

06 November 2014 - USD heavily gains after impressive job numbers

By Jay Goodman
New Zealand Dollar: The New Zealand dollar continued to gain against the Greenback on Wednesday primarily boosted by strong employment numbers released early on. The positi... read more

05 November 2014 - Kiwi breaks three day downturn ahead of key employment data

By Matt Richardson
New Zealand Dollar: The New Zealand Dollar rallied for the first time in three days yesterday before stalling on moves above 0.7780. With little to drive domestic direction... read more

04 November 2014 - Greenback continues to extend gains

By Jay Goodman
New Zealand Dollar: The New Zealand dollar had a relatively quiet beginning to the week spending the majority of Asian trade drifting in a tight range against the Greenback... read more

03 November 2014 - Kiwi continues to struggle against major counterparts

By Shan Thoo
New Zealand Dollar: The Kiwi has recently lost considerable ground against its major counterparts due to a combination of factors throughout last week’s trade. With a... read more

31 October 2014 - Investors reluctant to push the Greenback higher

By Michael Judge
New Zealand Dollar:Despite signs of a flattening domestic yield curve following hints by the RBNZ that future interest rate increases will be forthcoming at a slower pace ... read more

30 October 2014 - USD rallies as Fed ends monetary stimulus

By Michael Judge
New Zealand Dollar: In what has been a frantic 24 hour period the Federal Reserve’s decision to end bond purchases whilst softening its language over labour market co... read more

29 October 2014 - NZD stronger ahead of notable Greenback test

By Michael Judge
Australian Dollar:The Australian dollar rallied when valued against its US Counterpart late yesterday afternoon after figures showed China’s industrial profits had g... read more

28 October 2014 - Markets tread water ahead of FOMC

By Michael Judge
New Zealand Dollar: Following a slow start due mainly to the extended Labour Day long weekend the New Zealand dollar has managed to advance during overnight trade when valu... read more

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