Daily Forex Commentary

22 May 2015 - Greenback weakness fuels short term Kiwi consolidation

By Matt Richardson
New Zealand Dollar: The New Zealand dollar edged upward Thursday despite a blank domestic economic calendar. Technical supports thwarted market attempts to force the Kiwi t... read more

21 May 2015 - Kiwi on cusp of 12 month lows

By Matt Richardson
New Zealand Dollar: Much likes its antipodean cousin the Kiwi was forced lower as markets looked to fuel the Greenback relief rally. Investors responded to a somewhat hawki... read more

20 May 2015 - Kiwi slips on stronger U.S housing data

By Matt Richardson
New Zealand Dollar: The New Zealand dollar enjoyed a mixed session rallying on the back of better than expected inflation expectations to touch session highs of 0.7444. Re... read more

19 May 2015 - Capital gains tax compounds Kiwi’s downward spiral

By Matt Richardson
New Zealand Dollar: The New Zealand Dollar sell of continued through Monday as news of a capital gains tax on investment and residential properties added to calls/ex... read more

18 May 2015 - More Soft U.S data helps prop up NZD

By Matt Richardson
New Zealand Dollar: Having relinquished some of the week’s early gains on Thursday the New Zealand dollar failed to rally back through the 0.75 cent handle Friday de... read more

15 May 2015 - US dollar strength weighs down on Kiwi

By Shan Thoo
New Zealand Dollar: With strong retail sales data being reported yesterday the NZ dollar rallied quite early in the day reaching intraday highs of NZD/USD0.7564. The data r... read more

14 May 2015 - NZD rallies off weak US retail sales figures

By Shan Thoo
New Zealand Dollar:The New Zealand dollar opens stronger today against its major peers at NZD/USD 0.7479. Comments made by the NZ Reserve Bank Governor Wheeler stating tha... read more

13 May 2015 - Investors anxiously await RBNZ announcement

By Shan Thoo
New Zealand Dollar:The Kiwi has remained range bound throughout yesterday’s session as investors anxiously await the upcoming Financial Stability report due later to... read more

12 May 2015 - Rate cut speculation send NZD downwards

By Shan Thoo
New Zealand Dollar:Interest rate concerns have sent the NZ dollar into a downward spiral throughout the entirety of yesterday’s trading session with the Kiwi opening... read more

11 May 2015 - NZD rallies on weak US employment figures

By Shan Thoo
New Zealand Dollar:The Kiwi opens much stronger this morning when compared to its US counterpart buying 74.87 US cents, as soft US employment data was released at the end ... read more

08 May 2015 - Upbeat U.S job’s data forces Kiwi downward

By Matt Richardson
New Zealand Dollar: The New Zealand dollar moved lower through trade on Thursday breaking key resistance levels at 0.7450 on stronger U.S jobs data. The weekly U.S unemplo... read more

07 May 2015 - Kiwi tumbles on unemployment print

By Matt Richardson
New Zealand Dollar: The New Zealand dollar tumbled yesterday as labour market data missed the mark. While the unemployment rate remained at 5.8% quarterly employment chang... read more

06 May 2015 - Kiwi follows antipodean partner higher

By Matt Richardson
New Zealand Dollar: The New Zealand dollar took advantage of a U.S Dollar sell off Tuesday following its antipodean partner higher. Bolstered by the Australian Reserve Ban... read more

05 May 2015 - Australian Reserve Bank in Focus

By Matt Richardson
New Zealand Dollar: The New Zealand Dollar offered little to excite investors through trade on Monday. Edging lower early on the back of a softer than anticipated Chinese ... read more

04 May 2015 - Monetary Policy Drives Direction

By Matt Richardson
New Zealand Dollar: The New Zealand dollar was driven lower Friday falling back below 0.76 and closed the week buying 0.7519 US cents. The Kiwi failed to capitalise on las... read more

01 May 2015 - US Outlook brightens

By Michael Judge
New Zealand Dollar: Having notched up a big tumble upon open yesterday morning following the RBNZ’s decision to remove any reference of future monetary tightening, th... read more

30 April 2015 - US Fed remains cautious

By Michael Judge
New Zealand Dollar: Having maintained its value relatively well, particularly given the heightened level of volatility which surrounded the Federal Reserve’s Open Mar... read more

29 April 2015 - Greenback touches eight week low

By Michael Judge
New Zealand Dollar: Despite a thin economic docket locally the New Zealand dollar has benefitted during the early parts of this week from a weaker Greenback which has been ... read more

28 April 2015 - NZ Dollar gains on soft US data

By Shan Thoo
New Zealand Dollar:The Kiwi has rallied overnight due to speculation that the Federal Reserve in the US will not be raising rates anytime in the near future. The NZD/USD r... read more

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

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