Daily Forex Commentary

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

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

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