Daily Forex Commentary

30 May 2017 - Dollar steady as key markets closed for holidays

By Benjamin Hiscox
New Zealand Dollar: With the bank holiday in the US yesterday trading was relatively subdued. The New Zealand Dollar opened slightly weaker when values again... read more

29 May 2017 - US Dollar gains on stronger GDP print

By Benjamin Hiscox
New Zealand Dollar: The New Zealand Dollar opens this morning weaker when values against its US counterpart. On Friday, the USD moved higher on the back of U... read more

26 May 2017 - Aussie tumbles as Oil prices plunge

By Vani Kolluri
New Zealand Dollar: Whilst showing that New Zealand’s pace of economic growth is forecast to peak at 3.9 percent in 2019, overall yest... read more

25 May 2017 - Cautious FOMC minutes force USD lower

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar has maintained its impressive upward trajectory overnight, spending the majority of the past 24 h... read more

24 May 2017 - Aussie breaks back through 0.75 as attentions shift to FOMC

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar was the day’s biggest mover as investors continued to extend recent gains on improving risk... read more

23 May 2017 - Aussie recovery continues on sustained US political turmoil

By Vani Kolluri
New Zealand Dollar: The New Zealand Dollar surged yesterday as political uncertainty in the US continues to weigh on the US Dollar coupled with a mixed tone ... read more

22 May 2017 - Dollar slumps on heightened political uncertainty

By Vani Kolluri
New Zealand Dollar: After a quiet week on the domestic data front the New Zealand dollar opens this morning little changed when valued against its US Counter... read more

19 May 2017 - Greenback rebounds on positive data

By Benjamin Hiscox
New Zealand Dollar: The New Zealand dollar has stalled in its attempt to push through the 0.70 cent handle against the American dolla... read more

18 May 2017 - Dollar continues to fall on political worries

By Benjamin Hiscox
New Zealand Dollar: It was a relatively quiet session on domestic markets yesterday as the New Zealand dollar traded in a tight twenty-point range betw... read more

17 May 2017 - US Dollar weaker on Trump worries

By Benjamin Hiscox
New Zealand Dollar: The New Zealand Dollar held ground over the last 24 hours, trading in a tight 40 point range. Supported by renewe... read more

16 May 2017 - US Dollar Index edges lower

By Benjamin Hiscox
New Zealand Dollar: Buoyed by an uptick in commodity prices the NZD edged higher through trade on Monday breaking briefly above the 0.69 handle to touch intr... read more

15 May 2017 - US Dollar Index lower on weaker-than-expected retail and CPI prints

By Benjamin Hiscox
New Zealand Dollar: The New Zealand Dollar was hit by a wave of selling pressure late last week as the RBNZ kept interest rates on ho... read more

12 May 2017 - Aussie holding on above support as attentions shift to US inflation data

By Vani Kolluri
New Zealand Dollar: The New Zealand dollar suffered a heavy sell off through trade on Thursday following the RBNZ’s rate announcement.... read more

11 May 2017 - Central banks in focus, all eyes on RBNZ and BoE

By Vani Kolluri
New Zealand Dollar: As widely expected the RBNZ this morning has kept the cash rate at low 1.75%, the central bank has not moved since November last year in ... read more

10 May 2017 - Aussie slips on softer retail sales as Greenback gathers momentum

By Vani Kolluri
New Zealand Dollar: The New Zealand Dollar began a slow decent against the US Dollar intraday yesterday moving from a high of 0.6926 to reac... read more

09 May 2017 - Gloss rubbed off Euro as investors looked past election to wider fundamentals

By Vani Kolluri
New Zealand Dollar: The New Zealand Dollar made a slight comeback intraday yesterday, having opened the working week under 69c, NZD/USD move... read more

08 May 2017 - Macron victory pushes Euro to 6 month highs

By Vani Kolluri
New Zealand Dollar: The New Zealand Dollar spent the first week of May under the psychological resistance level of 70 cents when valued agai... read more

05 May 2017 - Aussie continues to slide

By Vani Kolluri
New Zealand Dollar: The New Zealand Dollar edged lower intraday moving from a high of 0.6894 to a low of 0.6839 and is continuing to decline... read more

04 May 2017 - Greenback rallies after FOMC''s monetary policy statement

By Benjamin Hiscox
New Zealand Dollar The New Zealand Dollar rose yesterday following stronger than expected employment figures for the first quarter of 2017. As employers adde... read more

03 May 2017 - FOMC meeting remains as the key focus

By Benjamin Hiscox
New Zealand Dollar: Supporting the New Zealand dollar, dairy product prices advanced for a fourth consecutive time amid strong demand at a global auction hel... read more

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