Daily Forex Commentary

05 August 2015 - Kiwi direction hangs on employment and wage data

By Matt Richardson
New Zealand Dollar: The New Zealand dollar offered little to incite investor action through Tuesday as the currency struggled to break through 0.66. Bolstered by a bounce i... read more

04 August 2015 - Tumbling commodity prices dampen demand for NZD

By Matt Richardson
New Zealand Dollar: Much likes its antipodean cousin the New Zealand dollar fell victim to lower commodity prices and an upbeat US labour market outlook on Monday. The Kiwi... read more

03 August 2015 - Kiwi finds support in weaker US employment costs

By Matt Richardson
New Zealand Dollar: The New Zealand dollar moved lower throughout domestic trade after a steep decline in ANZ business confidence. Breaking below 0.6550 the Kiwi found supp... read more

31 July 2015 - Kiwi drifts downward as US economy expands in 2nd quarter

By Matt Richardson
New Zealand Dollar: The New Zealand dollar found little support through trade on Thursday as investors rallied behind the Greenback on reports the world’s largest eco... read more

30 July 2015 - Upbeat Fed Statement, US Dollar supportive

By Michael Judge
New Zealand Dollar:The New Zealand dollar got off to a flying start yesterday after RBNZ Governor Graeme Wheeler said that while further monetary easing is likely, the eco... read more

29 July 2015 - Sentiment turns positive as investors wait on the Fed

By Michael Judge
New Zealand Dollar: The New Zealand dollar has managed to capture around half a cent worth of gains when valued against its US Counterpart overnight, buoyed by speculation ... read more

28 July 2015 - Kiwi steady despite China’s equity rout

By Michael Judge
New Zealand Dollar: The New Zealand dollar opens stronger when valued against its US Counterpart this morning as it currently buys 66.02 US Cents. Despite the Shanghai Comp... read more

27 July 2015 - NZD lower as the Greenback takes centre stage

By Michael Judge
New Zealand Dollar: The New Zealand dollar remained out of favour with investors on Friday following a downbeat preliminary manufacturing read from China, New Zealand&rsquo... read more

24 July 2015 - Greenback strength pushes NZD/USD downwards

By Shan Thoo
New Zealand Dollar: The NZD/USD opens weaker today at 0.6608 after positive economic data released in the US countered yesterday’s gains from the NZ cash rate reducti... read more

23 July 2015 - NZD rallies after RBNZ rate cut announced

By Shan Thoo
New Zealand Dollar: The NZ Dollar has rallied this morning following a Reserve bank’s decision to cut rates by 25 basis points to 3.00%. The Kiwi found support off th... read more

22 July 2015 - Kiwi pushes through 66cent handle

By Shan Thoo
New Zealand Dollar:With investors anxiously awaiting tomorrows rate decision from the RBNZ the NZ dollar sat on the fence throughout the majority of yesterday’s trad... read more

21 July 2015 - NZ dollar finds support following Prime Minister Key’s comment

By Shan Thoo
New Zealand Dollar: The Kiwi has rallied yesterday following positive remarks made by Prime Minister John Key indicating that the NZ Dollar had dropped faster than expected... read more

20 July 2015 - Kiwi finds support at 65 US cents

By Shan Thoo
New Zealand Dollar: The NZ dollar has lost ground against its US counterpart this past week starting trade this morning at NZD/USD 0.6516. With Greenback strength being a c... read more

17 July 2015 - Quarterly inflation misses the mark, bearish downtrend continues

By Matt Richardson
New Zealand Dollar: The bearish trend continued through trade on Thursday and investors continued to dump the New Zealand dollar on expectations the US Federal Reserve will... read more

16 July 2015 - NZD crumbles as Fed re-affirms higher rates

By Michael Judge
New Zealand Dollar: The New Zealand dollar has plummeted when valued against its US Counterpart over the past 24 hours with falls initially being triggered off the back of ... read more

15 July 2015 - US retail sales weigh on Greenback

By Michael Judge
New Zealand Dollar: The New Zealand dollar has strengthened when valued against its US Counterpart overnight after US retail sales during June fell short of expectation, tr... read more

14 July 2015 - Greek PM facing domestic backlash

By Michael Judge
New Zealand Dollar: The New Zealand dollar remains steady when valued against its Counterpart this morning, opening in a familiar territory at a rate of 0.6691. During a se... read more

13 July 2015 - Greece edges ever closer to European Exit

By Matt Richardson
New Zealand Dollar: The New Zealand dollar fell back below 0.67 Friday touching intraday lows of 0.6689 before finding support and closing marginally higher. A victim of a ... read more

10 July 2015 - Currency markets stabilise, caution ahead

By Michael Judge
New Zealand Dollar:Risk sentiment has notably improved over the past 24 hours following a bounce in Chinese equities with the price of iron ore also jumping back up close ... read more

09 July 2015 - Kiwi finds support in face of global turmoil

By Michael Judge
New Zealand Dollar: Despite the market turmoil which has gripped China’s stock market this week, the New Zealand dollar has done well to gain in value versus the worl... read more

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