Daily Forex Commentary

27 April 2015 - Soggy US Growth helps bolster Kiwi

By Matt Richardson
New Zealand Dollar: The New Zealand dollar edged higher on Friday recouping some of the losses suffered following Deputy RBNZ governor McDermott’s comments Thursday ... read more

24 April 2015 - Reserve bank rhetoric sends Kiwi downhill

By Shan Thoo
New Zealand Dollar: Dovish rhetoric from the Reserve Bank Assistant Governor McDermott yesterday has resulted the NZ dollar falling in value against a handful of it major c... read more

23 April 2015 - Kiwi run above 0.77 short lived

By Matt Richardson
New Zealand Dollar: The New Zealand Dollar enjoyed a mixed session Wednesday advancing to intraday highs of 0.7737 before investors sold into the rally. Stronger than anti... read more

22 April 2015 - Australian CPI in focus as NZD pushes for parity

By Matt Richardson
New Zealand Dollar: Like many of its major currency counterparts the New Zealand dollar edged upward against the U.S dollar through trade on Tuesday buoyed by profit takin... read more

21 April 2015 - Kiwi drifts lower as Greenback mounts recovery

By Matt Richardson
New Zealand Dollar: The New Zealand dollar enjoyed an early morning rally Monday buoyed by the Peoples Bank of China’s decision to cut the Reserve Requirement Ratio ... read more

20 April 2015 - Kiwi buoyed by Greenback sell off

By Matt Richardson
New Zealand Dollar: The New Zealand dollar advanced into the close on Friday as general U.S dollar weakness helped drive the currency through 0.77. With little domestic da... read more

17 April 2015 - Greenback sidelined, Kiwi stronger

By Michael Judge
New Zealand Dollar: In the wake of a slew of poor economic results from the world’s largest economy overnight the New Zealand dollar has benefitted significantly from... read more

16 April 2015 - Investors short USD on back of softer macroeconomic indicators

By Matt Richardson
New Zealand Dollar: The New Zealand Dollar rallied strongly throughout the North American trading session Wednesday buoyed by softer than anticipated US manufacturing prod... read more

15 April 2015 - NZD bolstered by weak US sales figures

By Shan Thoo
New Zealand Dollar: The Kiwi starts the day much stronger buying 75.19 US cents. After trading sideways throughout the majority of yesterday’s Asian session, the NZ d... read more

14 April 2015 - Kiwi down due to poor Chinese trade data

By Shan Thoo
New Zealand Dollar:Negative economic signs from China have weighed down on the NZ dollar, bringing the local currency to 2 week lows. A report released yesterday showed th... read more

13 April 2015 - All eyes on Chinese trade data for direction

By Shan Thoo
New Zealand Dollar: Last week’s trade saw the Kiwi experience substantial volatility with intra-week highs of NZD/USD 0.7615 countered by lows of NZD/USD 0.7492. With... read more

10 April 2015 - Strong dollar dictates play

By Michael Judge
New Zealand Dollar: The New Zealand dollar opens this morning little changed at a rate of 0.7564 when valued against its US Counterpart, still steady following the release ... read more

09 April 2015 - NZD looks offshore for direction in quiet domestic market

By Matt Richardson
Australian Dollar: The Australian dollar held onto gains enjoyed in the aftermath of the RBA’s rate announcement through trade on Wednesday edging higher as investor... read more

08 April 2015 - Dollar gains short lived as the RBA holds

By Matt Richardson
New Zealand Dollar: The New Zealand dollars move to parity when valued against its Australian counterpart received a blow yesterday following the RBA’s decision to ke... read more

07 April 2015 - NZD closes in on Parity with AUD

By Matt Richardson
New Zealand Dollar: The New Zealand dollar gave back gains earned Friday in the wake of the abysmal U.S employment report. Having marched upward touching intraday highs of... read more

06 April 2015 - Soft U.S jobs data prompts Greenback sell off

By Matt Richardson
New Zealand Dollar: The New Zealand dollar enjoyed a strong finish into the week touching highs of 0.7620 Friday as investors looked to dump the USD and US denominated ass... read more

02 April 2015 - Investors look towards US employment, ahead of extended break.

By Michael Judge
New Zealand Dollar: Touching a low of 0.7390 in the early evening when valued against its US Counterpart the New Zealand dollar was initially weighed down following the la... read more

01 April 2015 - Business confidence helps steady Kiwi dip

By Matt Richardson
New Zealand Dollar: The New Zealand dollar despite edging marginally lower across the trading day found support Tuesday in improved business confidence. The ANZ’s Bu... read more

31 March 2015 - Collapsing commodities drive dollar down

By Matt Richardson
New Zealand Dollar: The New Zealand dollars downward trajectory continued on Monday breaking technical supports and falling below 0.7500. Plunging commodity prices and an ... read more

30 March 2015 - Commodity Currencies close the week lower despite USD weakness

By Matt Richardson
New Zealand Dollar: The New Zealand dollar, much like its Australian counterpart, failed to take advantage of general Greenback weakness Friday closing the week at 0.7569.... read more

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