Daily Forex Commentary

05 February 2016 - USD weakness continues as NZD pushes through 0.67

By Adrian Steele
New Zealand Dollar:The New Zealand Dollar posted strong gains yesterday to push through 0.67 against the USD for the first time since the 5th of January recover... read more

04 February 2016 - USD suffers largest daily sell off in 7 years

By Matt Richardson
New Zealand Dollar:The New Zealand dollar enjoyed an early rally after the unemployment rate unexpectedly dropped to 5.3% in the 3 months through December. Reports showed ... read more

03 February 2016 - Dairy prices fall as the market looks for positive news from the employment data out today

By Adrian Steele
New Zealand Dollar:The New Zealand Dollar opens at 0.6480 after starting the day at 0.6520 losing all of Monday’s gains. The NZD remains under pressure with Oil pric... read more

02 February 2016 - NZD is testing 0.65 against the USD after soft US data

By Adrian Steele
New Zealand Dollar: The New Zealand Dollar is up 35 points from yesterday’s open after spending most of the day below yesterday’s open a late rally following th... read more

01 February 2016 - Bank of Japan moves interest rates negative

By Adrian Steele
New Zealand Dollar: The NZD opens this morning at 0.6483 after spending most of last week bouncing around the 0.6450 mark. After getting an initial boost when the Bank of J... read more

29 January 2016 - Oil bounce and dismal U.S macroeconomic data drives commodity currency rally

By Matt Richardson
New Zealand Dollar: The New Zealand dollar recouped much of the losses suffered in the wake of Thursday’s RBNZ rate statement and policy announcement bouncing higher ... read more

28 January 2016 - Kiwi lower on dovish RBNZ and sound FOMC statement

By Matt Richardson
New Zealand Dollar: The New Zealand dollar offered little through trade on Wednesday as investors looked to pare positions ahead of key Central Bank policy announcements. M... read more

27 January 2016 - Oil prices dominate direction and risk trends

By Matt Richardson
New Zealand Dollar: The New Zealand dollar rallied strongly through trade on Tuesday advancing through 0.6450 and 0.65 U.S cents. Encouraged by a return in risk appetite le... read more

25 January 2016 - Kiwi edges lower as investors look to further RBNZ easing

By Matt Richardson
New Zealand Dollar: The New Zealand dollar edged lower into the weekly close failing to follow its antipodean counterpart higher and solidify gains above 0.65. Despite an a... read more

22 January 2016 - Improving oil prices help the NZD make ground against the USD

By Adrian Steele
New Zealand Dollar: The New Zealand Dollar posted late gains on Thursday bouncing off an intraday low of 0.6411 to finish the day at 0.6492. With oil prices improving combi... read more

21 January 2016 - Sell signs dominate as rout continues

By Michael Judge
New Zealand Dollar: Revealing its smallest annual increase since 1999, figures on Wednesday showed New Zealand’s Consumer Pr... read more

20 January 2016 - Some relief for the NZD after risk sentiment improves

By Adrian Steele
New Zealand Dollar:The New Zealand Dollar open up 40 points this morning for the second day in a row as risk sentiment starts to improve. Following a terrible start to the... read more

19 January 2016 - The focus of today is the Chinese GDP data

By Adrian Steele
New Zealand Dollar: The NZD opens today at 0.6442 after a fairly subdued day. With the US offline with a bank holiday (Martin Luther King Day) and oil prices remaining stea... read more

18 January 2016 - Oil prices continue to squeeze commodity linked currencies

By Adrian Steele
Australian Dollar: The Australian Dollar fell to its lowest levels since 2009 after continuing concerns about the Chinese economy and falling oil prices. The Chinese stock... read more

15 January 2016 - The New Zealand Dollar testing 3 month lows before late recovery

By Adrian Steele
New Zealand Dollar:The New Zealand Dollar opens this morning 75 points down from yesterday at 0.6452 after a late recovery helps it up from the intraday low of 0.6418. The... read more

14 January 2016 - Stabile session ahead of today’s employment report

By Michael Judge
New Zealand Dollar: Having rallied to an overnight high of 0.6590 when valued against its US Counterpart following improved data f... read more

13 January 2016 - Oils decline inflicts more pain

By Michael Judge
New Zealand Dollar: The New Zealand dollar whilst generally stable has continued to weaken when valued against its US Counterpart overnight. Weighed... read more

12 January 2016 - Values stabilise, markets still jittery

By Michael Judge
New Zealand Dollar: The New Zealand dollar has stabilised when valued against its US Counterpart over the past 24 hours after policy makers in China... read more

11 January 2016 - Conservative approach favoured after a week of turmoil

By Michael Judge
New Zealand Dollar: The New Zealand dollar has tumbled over the course of the past five days in what’s very much been an env... read more

08 January 2016 - China’s rout plagues the Aussie

By Michael Judge
New Zealand Dollar: Benchmarks throughout the region continued their nosedive yesterday as China once again halted trade. Given the gradual withdraw... read more

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