Daily Forex Commentary

20 May 2013 - Greenback rally continues as consumer confidence beats expectations

By David Barbeler
New Zealand Dollar: The Kiwi has continued to move lower against its US counterpart, reaching a 6 month low on Friday night, as US consumer sentiment rose more than expecte... read more

17 May 2013 - AUD circulates around fresh 11-month lows

By Michael Judge
New Zealand Dollar: The New Zealand dollar found some support initially yesterday following the announcement that the government will meet its target to return the budget t... read more

16 May 2013 - Dollar stabilises following weak US data

By Michael Judge
New Zealand Dollar:The NZD/USD was one of the only major pairs to have rallied overnight as investors took the opportunity to buy the Kiwi amid the backdrop of a suppresse... read more

15 May 2013 - Greenback rises on economic optimism

By Michael Judge
New Zealand Dollar: In statistics released from New Zealand yesterday Retail Sales have accelerated by a smaller than expected amount over the past quarter with growth of 0... read more

14 May 2013 - AUD remains under pressure

By Michael Judge
New Zealand Dollar: New Zealand’s dollar headed south for much of yesterday’s session not helped by figures which showed China’s production increased by 9... read more

13 May 2013 - Australian dollar slumps below parity

By Michael Judge
New Zealand Dollar:Triggering a large scale move back into US dollar denominated assets on Friday, investors jumped on the Greenback as markets speculated on a potential e... read more

10 May 2013 - Greenback rally sees USD/JPY at four year high above 100

By David Barbeler
New Zealand Dollar: There have been some sharp moves in the kiwi over the past few sessions as initial gains from positive employment data were wiped out by a rallying gree... read more

09 May 2013 - New shots fired in the currency wars

By David Barbeler
New Zealand Dollar: The NZD is noticeably weaker this morning after the RBNZ took steps in intervening in currency markets to lower the Kiwi. Wheeler made the announcement ... read more

08 May 2013 - RBA cuts by 0.25% - Aussie lower

By David Barbeler
New Zealand Dollar: The decision by Australia’s central bank to cut interest rates yesterday initially saw the AUD/NZD cross fall below 1.2000 which has not happened ... read more

07 May 2013 - All eyes on the RBA

By David Barbeler
New Zealand Dollar: The Kiwi continued Friday night’s theme of risk strength during early trade yesterday, moving back up to 0.8550 around mid-afternoon. Any gains be... read more

06 May 2013 - Better than expected US employment data lifts risk appetite

By David Barbeler
New Zealand Dollar: After a sharp selloff on Thursday, the Kiwi managed to grind its way back up over 0.85 on Friday before holding firm while investors awaited the US empl... read more

03 May 2013 - ECB Cuts interest rates, Aussie hangs on

By Michael Judge
New Zealand Dollar: In what’s been a relatively unimpressive week for New Zealand’s dollar the Kiwi has remained within its recent ranges over the past 24 hours... read more

02 May 2013 - Global manufacturing data sends commodity currencies lower

By David Barbeler
New Zealand Dollar: Even with some disappointing Chinese PMI data, the Kiwi managed to hold ground quite well for most of yesterday, but any chance of a break above 0.86 se... read more

01 May 2013 - Australian dollar reaches two week high

By Michael Judge
New Zealand Dollar: The New Zealand dollar has done well to linger near a two week high over the past 24 hours having traded between a range of (0.8540 – 0.8585) when... read more

30 April 2013 - Riskier assets higher as investors chase returns

By Michael Judge
New Zealand Dollar: All signs pointed higher for the New Zealand dollar yesterday with gains in equity markets across Europe, improved housing figures in the US, a continue... read more

29 April 2013 - Markets slip on weak US GDP

By Michael Judge
New Zealand Dollar: Weighed down by a US Growth reading overnight on Friday which disappointed investors the New Zealand dollar opens the new week lower when compared again... read more

26 April 2013 - UK growth figures spark a Sterling rally

By Michael Judge
New Zealand Dollar: Despite a late day rally up to 0.8562 when compared against the Greenback, overall the New Zealand dollar has struggled when above the 85 US Cents handl... read more

25 April 2013 - Markets quiet ahead of Anzac Day

By Michael Judge
New Zealand Dollar: The New Zealand dollar got off to flying start early yesterday morning after the Reserve Bank of New Zealand left the official cash rate unchanged at 2.... read more

24 April 2013 - Signs of economic weakness send markets lower

By Michael Judge
Great British Pound:With US, European and Chinese PMI readings all missing the mark yesterday the news didn’t get a whole lot better for the Great British Pound as f... read more

23 April 2013 - Chinese Manufacturing key for short-term direction

By Michael Judge
New Zealand Dollar: The New Zealand dollar has only managed a minor recovery in the early parts of this week with investors generally reluctant to buy the higher yielding a... read more

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