Daily Forex Commentary

22 December 2014 - US dollar strength weighs on the Kiwi

By Michael Judge
New Zealand Dollar: With very little on offer domestically late last week investors continued their repatriation of funds back into US dollar dominated assets a move which ... read more

19 December 2014 - NZ dollar continues to remain under pressure

By Jay Goodman
New Zealand Dollar: The New Zealand dollar came off a night session of robust Greenback strength and began Thursday waiting on GDP data to try and revitalise the higher yie... read more

18 December 2014 - Kiwi tumbles on US FOMC meeting

By Jay Goodman
New Zealand Dollar: The New Zealand dollar fell under immense selling pressure as risk appetite disappeared from the market during Asian trade late on Wednesday. A Positive... read more

17 December 2014 - NZ rallies on upbeat global dairy trade

By Jay Goodman
New Zealand Dollar: The New Zealand dollar traded in a tight range on Tuesday with a lack of domestic data to provide direction for the second consecutive day. Investors we... read more

16 December 2014 - Kiwi slides in slow start to the week

By Jay Goodman
New Zealand Dollar: The New Zealand dollar drifted lower in subdued trade on Monday as a lack of economic data saw the Greenback gain ground across the board. Touching lows... read more

15 December 2014 - Tumbling Oil prices dampen risk appetite and global growth expectations

By Matt Richardson
New Zealand Dollar:The New Zealand dollar struggled Friday moving lower in the face of depreciating oil prices. Dipping back below 0.78 U.S cents the Kiwi fell victim to a... read more

12 December 2014 - Kiwi finds support on hint of future rate hikes

By Matt Richardson
New Zealand Dollar: The NZD rallied strongly in early trade Thursday as analysts latched onto comments from the RBNZ intimating future rate hikes are expected. Touching int... read more

11 December 2014 - NZD rallies on RBNZ rate statement

By Matt Richardson
New Zealand Dollar: The New Zealand Dollar has rallied in early trade Thursday in response to the RBNZ monthly rate statement and policy announcement. The Central Bank opte... read more

10 December 2014 - Fonterra milk forecast drives NZD Lower

By Matt Richardson
New Zealand Dollar: The New Zealand dollar rallied throughout trade on Tuesday as markets looked to safe haven assets and continued the USD sell off amid concerns of Greek ... read more

09 December 2014 - Commodity currencies under pressure after soft Chinese Trade data

By Matt Richardson
New Zealand Dollar: The New Zealand dollar gapped lower during domestic trade on Monday falling as much as 0.8% to touch two-and-a-half year lows of 0.7623. A falling yield... read more

08 December 2014 - Kiwi plummets on surging Non-Farm Payroll report

By Matt Richardson
New Zealand Dollar: The New Zealand dollar gapped lower Friday as a US non-farm payroll report showed 321,000 new jobs were added to the economy throughout November. The bi... read more

05 December 2014 - Kiwi steady overnight

By Michael Judge
New Zealand Dollar:Having maintained a relatively tight trading range when valued against its US Counterpart intraday yesterday the New Zealand dollar came to life during ... read more

04 December 2014 - Falling Dairy Prices Force the Kiwi Lower

By Matt Richardson
New Zealand Dollar: The New Zealand Dollar was forced lower through trade on Wednesday as Global Dairy Prices fell a further 1% according to Global Dairy Trade reports. As ... read more

03 December 2014 - Disappointing dairy auction weighs on Kiwi

By Michael Judge
New Zealand Dollar: It was mainly all downhill for the New Zealand dollar yesterday which tumbled from an early morning high of 0.7889 when valued against its US Counterpar... read more

02 December 2014 - Kiwi stronger despite China weakness

By Michael Judge
New Zealand Dollar: Despite a disappointing gauge which showed manufacturing in China slowed more than expected in November, overall it has been a positive 24 hour period f... read more

01 December 2014 - Inflation outlook holds the key

By Michael Judge
New Zealand Dollar: The New Zealand dollar opens this morning 30 basis points lower at a rate of 0.7829 ahead of a key speech titled “Reflections on 25 years of Infla... read more

28 November 2014 - Kiwi cools off in subdued trade

By Jay Goodman
New Zealand Dollar: Despite the minor setback of a worse than anticipated Trade Balance the New Zealand dollar gained ground against an overstretched US dollar on Thursday,... read more

27 November 2014 - Kiwi takes full advantage as US numbers miss the mark

By Jay Goodman
New Zealand Dollar: The New Zealand dollar spent another day of trade with no local data to provide direction moving primarily on market sentiment. Investors bought into th... read more

26 November 2014 - NZ dollar continues to fall despite poor US confidence

By Jay Goodman
New Zealand Dollar: The aggressive monetary easing by China continued to wane on Tuesday and the NZ dollar maintained a negative course against the Greenback. Inflation exp... read more

25 November 2014 - Kiwi cools off losing ground across the board

By Jay Goodman
New Zealand Dollar: The New Zealand dollar followed its cross Tasman counterpart higher against the Greenback on Monday continuing to make gains after China cut rates late ... read more

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