Daily Forex Commentary

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

27 October 2014 - Fundamentals soften rate outlook

By Michael Judge
New Zealand Dollar:Investors sold the New Zealand dollar from levels just above the 88 US Cents mark mid-week after top-tier economic fundamentals in the form of CPI (0.3 ... read more

24 October 2014 - Kiwi driven lower by a reduction in inflationary pressures

By Matt Richardson
New Zealand Dollar: The New Zealand dollar was driven lower through trade on Thursday as a third quarter CPI report showed a dip in overall inflation. The reduction in pric... read more

23 October 2014 - Kiwi struggles to break outside ranges ahead of CPI data

By Matt Richardson
New Zealand Dollar: The New Zealand dollar opens marginally lower this morning as stronger than expected US CPI inflation reports helped bolster Greenback strength and supp... read more

22 October 2014 - Chinese GDP Growth adds support to NZD

By Matt Richardson
New Zealand Dollar: The New Zealand Dollar momentarily broke through resistance at 0.80 yesterday as stronger than expected Chinese GDP Growth helped bolster confidence and... read more

21 October 2014 - Investors seek higher yield as US rate expectations pushed out

By Matt Richardson
New Zealand Dollar: Much likes its antipodean and Trans-Tasman counterpart the New Zealand Dollar was the primary benefactor of revised US rate expectations and a shift tow... read more

20 October 2014 - Stronger US data and equities helps Kiwi consolidate

By Matt Richardson
New Zealand Dollar: The New Zealand dollar enjoyed a day of consolidation throughout trade on Friday as investors looked to reduce safe haven currency holdings on a stronge... read more

17 October 2014 - Kiwi runs out of steam as US numbers impress

By Jay Goodman
New Zealand Dollar: The New Zealand dollar had a moderately quiet day against the Greenback on Thursday however edged slightly higher continuing to draw energy from strong ... read more

16 October 2014 - Greenback sold aggressively

By Michael Judge
New Zealand Dollar: The New Zealand dollar has advanced in a big way when valued against its US Counterpart over the past 24 hours, touching a three week high amid heighten... read more

15 October 2014 - A lack of growth cause for concern

By Michael Judge
New Zealand Dollar: Demand for the New Zealand dollar has waned over the past 24 hours with a diminished appetite for risk weighing heavily on currencies directly linked to... read more

14 October 2014 - Kiwi higher following upbeat numbers from China

By Michael Judge
New Zealand Dollar: The New Zealand dollar has continued to benefit overnight from a weaker greenback as Federal Reserve Officials signal a worldwide economic slowdown may ... read more

13 October 2014 - Growth concerns dampen risk appetite.

By Michael Judge
New Zealand Dollar:Investors turned their back on higher yielding assets like the New Zealand dollar late last week following a handful of softer than expected economic in... read more

10 October 2014 - Upbeat US unemployment numbers see Kiwi spiral lower

By Jay Goodman
New Zealand Dollar: The USD continued to remain under pressure after the US Federal Reserve’s cautious tone on Thursday led the NZ dollar to continue creeping higher.... read more

09 October 2014 - Kiwi rallies on FOMC meeting minutes

By Jay Goodman
New Zealand Dollar: The New Zealand dollar continued remain under pressure against the Greenback on Thursday after the RBNZ sold off a large sum of NZ dollars late last wee... read more

08 October 2014 - Kiwi steady on softer business confidence figures

By Jay Goodman
New Zealand Dollar: Last week the RBNZ intervened by selling a large sum of the local currency into the market. The higher yielding NZ dollar devalued against the Greenback... read more

07 October 2014 - NZD drifts higher in subdued trade

By Jay Goodman
New Zealand Dollar:With national day In China and a bank holiday in the majority of states across the Tasman the NZ dollar spent Monday trading in a fairly tight range. Af... read more

06 October 2014 - US job numbers reach pre GFC levels as NZD spirals lower

By Jay Goodman
New Zealand Dollar: The NZD continued to make new lows against the US dollar on Friday night as employment numbers in the United States returned to levels not seen since pr... read more

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