Daily Forex Commentary

23 January 2015 - ECB launches full scale rescue plan

By Michael Judge
New Zealand Dollar: In what’s been a woeful week for the New Zealand dollar the tide has once again remained out overnight with investors once again dumping the highe... read more

22 January 2015 - All eyes on the ECB

By Michael Judge
New Zealand Dollar:The New Zealand dollar has been broadly sold over the past 24 hours following a report which showed inflation fell by a surprising 0.2 percent in the De... read more

21 January 2015 - IMF lowers Global Growth Forecast

By Michael Judge
New Zealand Dollar:Despite dairy prices which have continued to improve at this morning’s global dairy trade auction mixed with a positive GDP print from China yeste... read more

20 January 2015 - Expectations of ECB Stimulus drive rebound

By Michael Judge
New Zealand Dollar: Having encountered a slow start to the week in which the New Zealand dollar has traded in a mere 40 basis point range when valued against its US Counter... read more

19 January 2015 - Kiwi lower during volatile session

By Michael Judge
New Zealand Dollar: With the global fallout from the shock decision by Switzerland to move its cap on the Swiss Franc ongoing, investors have since been left rattled. With ... read more

16 January 2015 - Turmoil reigns over currency markets as Swiss National Bank creates havoc

By Matt Richardson
New Zealand Dollar: With little domestic data on hand to drive direction the New Zealand dollar was at the mercy of offshore stimuli and offered little throughout the local... read more

15 January 2015 - Kiwi finds support on soft U.S retail sales report

By Matt Richardson
New Zealand Dollar: The New Zealand dollar offered little for investors yesterday bouncing between support and resistance. Having touched intraday lows at 0.7692 toward the... read more

14 January 2015 - NZD moves lower as risk appetite wains in face of declining oil prices

By Matt Richardson
New Zealand Dollar: The New Zealand Dollar moved back below the 0.78 cent handle throughout trade on Tuesday as investor’s adjusted positions after Friday’s USD... read more

13 January 2015 - Kiwi edges lower as USD positions consolidated

By Matt Richardson
New Zealand Dollar: The New Zealand dollar offered little for investors throughout the domestic trading session in the absence of macroeconomic data and low liquidity as Ja... read more

12 January 2015 - Declining U.S wage growth fuels NZD rally

By Matt Richardson
New Zealand Dollar: The New Zealand dollar followed its antipodean cousin higher Friday bolstered by softer than expected U.S wage growth. Having benefited mid-week from an... read more

09 January 2015 - NZD holds steady in anticipation of Chinese Data

By Shan Thoo
New Zealand Dollar: With no data to provide guidance to the NZ dollar the higher yielding currency once more traded in a tight range during Asian trade. Moving in a narrow ... read more

08 January 2015 - Strong US numbers see NZ dollar give up earlier gains

By Jay Goodman
New Zealand Dollar: Coming off a night where the NZ dollar was one of the strongest performing currencies against the US the Kiwi lost ground on Wednesday after ANZ commodi... read more

07 January 2015 - Strong dairy prices see the Kiwi rally

By Jay Goodman
New Zealand Dollar: The New Zealand dollar took advantage of a strong Chinese release to push higher against the Greenback on Tuesday during Asian trade. With no data being... read more

06 January 2015 - NZ dollar holds steady to begin the week

By Jay Goodman
New Zealand Dollar: With no data locally to provide direction, the New Zealand dollar spent the majority of Asian trade moving within a tight range on Monday. Beginning the... read more

05 January 2015 - Sharp price swings favour the Greenback

By Michael Judge
New Zealand Dollar:With US Stocks having finished the first trading day this year little changed, overall it has been a lacklustre start to 2015 with the New Zealand dolla... read more

02 January 2015 - NZD capitalises on a weaker greenback

By Michael Judge
New Zealand Dollar:Whilst global markets have fallen as 2014 nears its end the New Zealand dollar has enjoyed a positive 24 hour window. Given signs of offshore weakness a... read more

31 December 2014 - NZD capitalises on a weaker greenback

By Michael Judge
New Zealand Dollar: Whilst global markets have fallen as 2014 nears its end the New Zealand dollar has enjoyed a positive 24 hour window. Given signs of offshore weakness a... read more

30 December 2014 - Kiwi steady as the Euro falls to a two year low

By Michael Judge
New Zealand Dollar:The New Zealand dollar has continued its impressive run when valued against the Australian dollar overnight reaching its highest level since the dollar ... read more

29 December 2014 - Kiwi stronger in light conditions

By Michael Judge
Australian Dollar:In what proved to be a typically benign end to the week for the Australian dollar last Friday the higher yielding asset remained within a tight 30 basis ... read more

24 December 2014 - US Growth beats forecast

By Michael Judge
New Zealand Dollar: The New Zealand dollar has struggled overnight as figures showed the US economy grew from July through to September at its fastest pace in more than a d... read more

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