Daily Forex Commentary

28 February 2017 - Greenback weakens as markets await Trumps address to Congress

By Matt Richardson
New Zealand Dollar: The New Zealand dollar consolidated its position above 0.72 U.S cents, trading sideways in a tight twenty-point range in domestic trading on Monday. Vis... read more

27 February 2017 - USD Index recoups losses

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar traded in a tight range las... read more

24 February 2017 - Aussie rumbles back through 0.77

By Vani Kolluri
New Zealand Dollar: The New Zealand Dollar staged a comeback following comments by the new US Treasury Secretary Steven Mnuchin who told CNBC that he wanted ... read more

23 February 2017 - Market sees roadblock in way of Fed Rate hikes; USD moves lower

By Vani Kolluri
New Zealand Dollar: Despite a strong U.S existing Home Sales print for January of 5.69 million which was well above expectations of 5.55 million the NZD/USD ... read more

22 February 2017 - Aussie range bound as heightened political uncertainty weigh on the Euro

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar moved marginally lower through trade on Tuesday touching intraday lows at 0.7130. The Kiwi came under selling pres... read more

21 February 2017 - Volumes light ahead of RBA Rhetoric

By Michael Judge
New Zealand Dollar: On the back of a US holiday the New Zealand dollar opens this morning little changed when valued against its US Counterpart. Local do... read more

20 February 2017 - Yen Rallies in Safe Haven Push

By Vani Kolluri
New Zealand Dollar: The New Zealand Dollar closed the week lower when valued against its US counterpart as investors responded to the Federa... read more

17 February 2017 - Strong US Economic data continues

By Vani Kolluri
New Zealand Dollar: Reaching a high of 0.7242 when valued against its US Counterpart on Thursday the New Zealand do... read more

16 February 2017 - Greenback recovery stalls despite strong data

By Vani Kolluri
New Zealand Dollar: The New Zealand Dollar against its US counterpart moved pretty much in line with AUD/USD showing that both pairs took direction from offs... read more

15 February 2017 - Yellen Drives Greenback Higher

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar traded in a narrow range in the local trading session yesterday (0.7170 – 0.7200) against i... read more

14 February 2017 - Greenback edges higher on expectations of tax reform

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar continued its downward trend after last week’s RBNZ decision to keep interest rates on hold. Despite trying ... read more

13 February 2017 - US Dollar Index pushes higher

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar dropped significantly last week from a high of 0.7375. The RBNZ held the official cash rate at 1.75% as expected w... read more

10 February 2017 - US Dollar stronger across the board

By Vani Kolluri
New Zealand Dollar: The New Zealand Dollar continued to lose ground against the U.S Dollar yesterday as the Reserve Bank of New Zealand squashed any expectat... read more

09 February 2017 - Markets calm as European political risks take focus

By Vani Kolluri
New Zealand Dollar: The New Zealand Dollar opens at 0.7250 against the U.S Dollar, 60 pips lower than this time yesterday on the back of the Reserve Banks of... read more

08 February 2017 - Dollar prospers on heightened political uncertainty

By Vani Kolluri
New Zealand Dollar: The New Zealand Dollar rallied more than half-a-cent intraday from 0.7315 to 0.7368 as long-term inflation expectations for local busines... read more

07 February 2017 - Draghi defends single currency - Euro Irreversible

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar opens this morning little changed having held onto gains above 0.73 U.S cents. After rallying strongly to close th... read more

06 February 2017 - Dollar index hits six week low

By Vani Kolluri
New Zealand Dollar: The New Zealand Dollar traded sideways intraday stuck between a 25-pip range of 0.7270 and 0.7295. Early morning saw the... read more

03 February 2017 - U.S Dollar continues weakness post FOMC announcement

By Vani Kolluri
New Zealand Dollar: The New Zealand Dollar gained nearly a full cent in yesterday’s local session opening at 0.7240 post the FOMC announcement in early... read more

02 February 2017 - FOMC hold steady on interest rates

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar enjoyed mixed fortunes throughout trade on Wednesday closing marginally lower on the day having recouped early los... read more

01 February 2017 - Broad USD weakness on Trumps administration comments

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar having maintained a relatively tight trading range throughout much of its domestic session enjoyed strong gains ov... read more

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