Daily Forex Commentary

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

03 October 2014 - Mixed US numbers see Kiwi gain

By Jay Goodman
New Zealand Dollar: Despite a run of poor data for the higher yielding NZD investors saw the Kiwi gain heavily against the Greenback on Thursday. The gains advocate that th... read more

02 October 2014 - Dairy prices drag Kiwi lower

By Michael Judge
New Zealand Dollar:Weighing heavily on the New Zealand dollar upon open this morning International dairy prices fell back to levels not seen since May 2012. Delivering a f... read more

01 October 2014 - Business Confidence brings NZD back to 0.78 handle

By Shan Thoo
New Zealand Dollar: Despite a slow start to the day the NZD ticked higher throughout trade as upbeat ANZ Business Confidence data indicated positive sentiment surrounding t... read more

30 September 2014 - RBNZ Announcement Sends the Kiwi Tumbling

By Shan Thoo
New Zealand Dollar: The Kiwi plummeted over 150 points against the greenback yesterday after the Reserve Bank released a statement outlining that in August they had sold of... read more

29 September 2014 - Greenback strength weighs on the Kiwi

By Shan Thoo
Australian Dollar: The AUD starts the week off much weaker amid ongoing economic growth concerns for China. The Aussie opens this morning buying 87.69 U.S cents, trending d... read more

26 September 2014 - Kiwi continues to fall

By Michael Judge
New Zealand Dollar:In a statement which caught investors off guard yesterday New Zealand’s Reserve Bank Governor Graeme Wheeler stated the New Zealand dollar remains... read more

25 September 2014 - Kiwi touches one year lows

By Matt Richardson
New Zealand Dollar: The New Zealand dollar offered little for investors holding within a tight trading range and bouncing between 0.8045 and 0.8090 for much of the day. Des... read more

24 September 2014 - NZD continues to fall as strong Chinese data not enough

By Jay Goodman
New Zealand Dollar: The New Zealand dollar struggled to gain momentum on Tuesday however did manage to marginally strengthen after positive Chinese data was released just a... read more

23 September 2014 - Greenback strength shown as Kiwi falls

By Jay Goodman
New Zealand Dollar: The New Zealand dollar opened Monday stronger against the Greenback as the National party was re-elected over the weekend to their 3rd straig... read more

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