Daily Forex Commentary

02 July 2015 - Kiwi’s bearish run continues through 5 year lows

By Matt Richardson
New Zealand Dollar: The downward pull on the NZD continued through trade on Wednesday as a dip in the Global Dairy Trade Index and upbeat U.S macroeconomic data forced the ... read more

01 July 2015 - Greece defaults and Euro shudders

By Matt Richardson
New Zealand Dollar: The New Zealand dollar moved lower through trade on Tuesday after a decline in ANZ business confidence forced a sell off which continued throughout the ... read more

30 June 2015 - Greek debt saga dominates currency markets

By Matt Richardson
New Zealand Dollar: Much like its antipodean counterpart the Kiwi managed to recoup losses suffered throughout early trade. Having broken through 5 year lows touching 0.678... read more

29 June 2015 - Greece unravels as Capital Controls imposed

By Matt Richardson
New Zealand Dollar: Having closed last week buying 69.01 US Cents the New Zealand dollar has slumped to a five year low upon open this morning. Dropping sharply and slumpin... read more

26 June 2015 - Greece summit produces no solution

By Michael Judge
New Zealand Dollar: The New Zealand dollar opens this morning marginally stronger when valued against its US Counterpart as it currently swaps hands at a rate of 0.6901. Do... read more

25 June 2015 - Market correction sees NZ Dollar rally against counterparts

By Shan Thoo
New Zealand Dollar:The Kiwi has made ground against its US counterpart yesterday with a correction being priced into the market as traders speculate that the recent declin... read more

24 June 2015 - The Kiwi looks overseas for price driving action

By Shan Thoo
New Zealand Dollar:The NZ Dollar started trade today in a familiar range, only slightly lower at NZD/USD 0.6851. With no significant data being released yesterday the Kiwi... read more

23 June 2015 - NZ Dollar looks to Chinese data for direction

By Shan Thoo
New Zealand Dollar:The Kiwi has fallen to new lows yesterday as concerns for further rate cuts are priced into the market, with upbeat US economic figures printing overnig... read more

22 June 2015 - Risk appetite hinges on Greek outcome

By Michael Judge
New Zealand Dollar: Whilst the New Zealand dollar treaded water for the majority of Friday’s session ahead of ongoing Greek Debt negotiations this evening, overall th... read more

19 June 2015 - Fed perceptions outweigh signs economic strength

By Michael Judge
New Zealand Dollar:During a choppy session for the New Zealand dollar, the Kiwi initially slumped lower yesterday following the release of a quarterly GDP print which comf... read more

18 June 2015 - US Rates to rise this year

By Michael Judge
New Zealand Dollar: The New Zealand dollar enjoyed a temporary jump up above the 70 US Cents mark overnight after the US central bank revised downward their growth forecast... read more

17 June 2015 - AUD holds up ahead of the FOMC

By Michael Judge
New Zealand Dollar:The New Zealand dollar has treaded water when valued against its US Counterpart over the past 24 hours, drifting between a low of 0.6972 and a high of 0... read more

16 June 2015 - NZForex Daily Commentary

By Shan Thoo
New Zealand Dollar:The NZ Dollar struggled to break free of recent ranges over the past session as the week begun with no domestic data being scheduled for release. Intrad... read more

15 June 2015 - US dollar trajectory hinges on Fed

By Michael Judge
Australian Dollar:During an eventful week for the Australian dollar which traded between a low 0.7603 and a high of 0.7792 when valued against its US Counterpart the major... read more

12 June 2015 - RBNZ rate announcement drives NZD/USD to 5 year low

By Shan Thoo
New Zealand Dollar:After yesterday’s unanticipated rate cut from the RBNZ the Kiwi value was slashed to lows not seen in the past 5 years. Furthermore the current de... read more

11 June 2015 - Surprise rate cut sends Kiwi downhill

By Shan Thoo
New Zealand Dollar:The NZ Dollar edged higher throughout trade yesterday due to US dollar weakness, however this morning has plunged dramatically due to an unexpected rate... read more

10 June 2015 - NZD traders anxiously await tomorrow’s rate decision

By Shan Thoo
New Zealand Dollar:The NZ Dollar has remained range bound over the last trade session as traders anxiously await tomorrow’s rate decision from the local Reserve Bank... read more

09 June 2015 - NZ Dollar advances on the Greenback

By Shan Thoo
New Zealand Dollar:The Kiwi has advanced on the US dollar and commences trade this morning at NZD/USD 0.7138. With no local economic announcements yesterday the NZ Dollar ... read more

08 June 2015 - US NFP numbers drive Kiwi downward

By Matt Richardson
New Zealand Dollar: The New Zealand dollar moved perilously close to the psychological 0.70 mark Friday as traders and investors increased USD long positions following a st... read more

05 June 2015 - Amid growth downgrade attention turns to US employment report

By Michael Judge
Australian Dollar:Recording its worst seasonally adjusted deficit since February 2008, the ABS yesterday reported that imports were up 4 percent during April whilst export... read more

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