Daily Forex Commentary

12 February 2016 - Risk appetite vanishes as investors flock to haven assets

By Matt Richardson
New Zealand Dollar: Much likes its Trans-Tasman counterpart the New Zealand dollar failed to capitalise on further weakness in the world’s base currency simply mainta... read more

11 February 2016 - US bearish trend continue despite Fed Chair''s hawkish outlook

By Matt Richardson
New Zealand Dollar: The New Zealand dollar edged higher through trade on Wednesday benefitting from an overwhelming downturn in USD fortunes. With little fundamental data o... read more

10 February 2016 - Kiwi vulnerable as global stocks collapse and risk appetite wanes

By Matt Richardson
New Zealand Dollar: The New Zealand dollar again offered little throughout domestic trade bouncing between session highs at 0.6625 and lows at 0.6570. In a tumultuous globa... read more

09 February 2016 - Risk appetite governs direction

By Matt Richardson
New Zealand Dollar: The New Zealand dollar offered very little to excite investors through trade on Monday as New Zealanders enjoyed an extended long weekend in observance ... read more

08 February 2016 - Upbeat U.S wage data sends Kiwi tumbling into the weekly close.

By Matt Richardson
New Zealand Dollar: The New Zealand dollar plunged through North American trade on Friday relinquishing part of the week’s earlier gains on the back of upbeat US wage... read more

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

Check Customer Rates Now


You transfer

Receiver gets

Register Now - It's Free!

*Rates subject to change and for individuals only

Open an account

Send money overseas at better rates than the banks.


Subscribe to commentary



RSS Follow Facebook

Set rate alerts

/
 
Choose currency pair and enter the exchange rate. An alert will be triggered when the exchange rate is reached and an email will be sent to you. You can unsubscribe any time and your email address is safe – see our Privacy Policy.

NOTE: These rates are for informational purposes only

© 2014 Copyright. This service is provided by NZForex Limited (CN: 2514293). NZForex is registered as a financial service provider under the Financial Service Providers (Registration and Dispute Resolution) Act 2008.
The information on this website does not take into account the investment objectives, financial situation or needs of any particular person. NZForex makes no recommendations as to the merits of any financial product referred to in this website.
Please read our Product Information document for a detailed explanation of the services we provide.
 
Ofx.com