Daily Forex Commentary

25 July 2014 - RBNZ caution as NZ dollar falls

By Jay Goodman
New Zealand Dollar:The New Zealand dollar has spent the majority of the week waiting on Thursday’s RBNZ rates decision to bring volatility back into the higher yield... read more

24 July 2014 - All eyes on RBNZ cash rate decision

By Jay Goodman
New Zealand Dollar: For the third day in a row the NZ dollar experienced Asian trade with a lack of volatility. Without local data in the market the Kiwi looked offshore fo... read more

23 July 2014 - Greenback stronger on solid inflation numbers

By Jay Goodman
New Zealand Dollar: Unlike the Kiwi’s cross Tasman counterpart the higher yielding currency spent Tuesdays Asian trade moving in a similar range as there was limited ... read more

22 July 2014 - NZD remains range bound in a quiet start to the week

By Jay Goodman
New Zealand Dollar:In another lacklustre day for the New Zealand dollar the higher yielding currency failed to gain momentum against the USD shrugging off the low impact n... read more

21 July 2014 - Quiet end to the week as political events take the spotlight

By Jay Goodman
New Zealand Dollar:In a similar move to its cross Tasman counterpart the NZ dollar had a quiet end to the week on Friday with subdued trade supported by a lack of domestic... read more

18 July 2014 - Risk off, Kiwi sold

By Michael Judge
New Zealand Dollar: During what’s been a woeful week for the New Zealand dollar the Kiwi has continued its slide over the past 24 hours with external shocks sparking ... read more

17 July 2014 - Lower inflation triggers NZD sell-off

By Michael Judge
New Zealand Dollar: The New Zealand dollar was sold off aggressively yesterday morning after traders ditched the higher yielding currency following the release of figures w... read more

16 July 2014 - NZD lower ahead of key inflationary read

By Michael Judge
New Zealand Dollar: The New Zealand dollar has come under some solid selling pressure over the past 24 hours weighed down by the latest Global Diary Trade Auction which dem... read more

15 July 2014 - Trading ranges poised for an outbreak

By Michael Judge
New Zealand Dollar:Having taken out significant resistance barriers over the past month the New Zealand dollar has enjoyed a period of consolidation during the early parts... read more

14 July 2014 - NZD holds the 88 US Cents level, busy week ahead

By Michael Judge
New Zealand Dollar:Having risen from a low of 0.8710 when valued against its US Counterpart last week the New Zealand dollar opens this morning just above the 88 US Cents ... read more

11 July 2014 - Concern as Portuguese Bank fails to meet debt obligations

By Matt Richardson
New Zealand Dollar: With little local data available to stimulate market action the New Zealand dollar looked offshore for direction and stimuli. The Kiwi drifted lower in ... read more

10 July 2014 - NZD pushes toward pre-float record

By Matt Richardson
New Zealand Dollar: The push toward post float highs continued yesterday as the New Zealand Dollar drove higher. The local economic calendar was free of headline data and t... read more

09 July 2014 - Fitch Ratings Agency affirms credit rating and boost NZD.

By Matt Richardson
New Zealand Dollar: The New Zealand dollar rallied strongly Tuesday challenging 3 year highs and breaking through 0.88. Price action came from the Fitch Ratings agency who ... read more

08 July 2014 - NZD firms in face of FOMC minutes Wednesday

By Matt Richardson
New Zealand Dollar: Much like its Trans-Tasman rival the New Zealand dollar moved higher throughout trade on Monday regaining much of the losses suffered toward the end of ... read more

07 July 2014 - Kiwi firm in face of strong US labour data

By Matt Richardson
New Zealand Dollar: The NZD moved lower against its US counterpart moving into the end of last week as investors looked to USD and USD denominated assets in the wake of Thu... read more

04 July 2014 - Strong US job numbers see Greenback strength

By Jay Goodman
New Zealand Dollar: The New Zealand dollar spent Thursday trading in another tight range in a market with limited data to provide direction. There were no domestic numbers ... read more

03 July 2014 - Strong employment numbers send Greenback higher

By Jay Goodman
New Zealand Dollar: As expected the NZ dollar had an uneventful Wednesday during Asian trade as the absence of any major Local and offshore data failed to move the higher y... read more

02 July 2014 - NZD gains on positive Chinese numbers

By Jay Goodman
New Zealand Dollar: The NZ dollar spent Tuesday trying to gain back ground after poor ANZ business confidence released earlier in the week. There was no local data out toda... read more

01 July 2014 - NZD weaker on low business confidence

By Jay Goodman
New Zealand Dollar: The New Zealand dollar got off to a rough start on Monday as data released was not kind to the higher yielding currency. The main release of the day and... read more

30 June 2014 - Greenback lower across the board

By Jay Goodman
New Zealand Dollar: After initially trying to work its way down against the Greenback last week the NZ dollar has moved higher edging closer to the US88 cent mark. The US d... read more

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