Daily Forex Commentary

09 December 2016 - Dovish ECB forces Euro lower

By Michael Judge
New Zealand Dollar: Spurred on by improved risk flows, sentiment surrounding the global growth outlook was given a boost overnight... read more

08 December 2016 - Declining treasury yields force Greenback toward 3 week lows

By Matt Richardson
New Zealand Dollar: The New Zealand dollar traded within a familiar range when valued against its US Counterpart yesterday supported in most part by... read more

07 December 2016 - Markets shift focus to Eurozone

By Joel Holmes
New Zealand Dollar: Continuing to show signs that the US Dollars dramatic rise over the past month, has for the time being run its course, a... read more

06 December 2016 - Geo-Political Risks remain the driving force

By Michael Judge
New Zealand Dollar: Initially dropping to an intraday low of 0.7069 when valued against its US Counterpart yesterday, the New Zeal... read more

05 December 2016 - Greenback marks first weekly decline since Trump victory

By Matt Richardson
New Zealand Dollar: Trading between a low of 0.7085 and a high of 0.7148 the New Zealand dollar did well to advance versus the Greenback during the back end of last week. F... read more

02 December 2016 - Market remains relatively unchanged despite global market sell off

By Brett Ottawa
New Zealand Dollar:The New Zealand dollar opens this morning little changed when valued against its US Counterpart at a rate of 0.7084. Having traded to an overnight high ... read more

01 December 2016 - Dollar rallies on a raft of economic releases

By Shameem Musa
New Zealand Dollar: The New Zealand Dollar continued its rally to reach a three-week high of 0.7170 against the US Dollar. Gains were then reversed in overni... read more

30 November 2016 - Greenback rally stalls ahead of heightened risk period

By Brett Ottawa
New Zealand Dollar: The New Zealand dollar railed through trade on Tuesday advancing back through 0.71 U.S cents as the steam appears to be... read more

29 November 2016 - Kiwi edges higher on Greenback profit taking

By Brett Ottawa
New Zealand Dollar: The New Zealand Dollar advanced against the US Dollar on Monday having opened at 0.7038 to touch a high of 0.7102 overni... read more

28 November 2016 - USD upward assault stalls as bond yields falter

By Brett Ottawa
New Zealand Dollar: The New Zealand dollar traded last week in a fairy tight range managing to keep its head above the 70.00 cent mark against the US Dollar. NZ Trade balan... read more

25 November 2016 - Thanksgiving Holiday Leads To Quiet Markets

By Joel Holmes
New Zealand Dollar: A lack of economic data and illiquid markets due to the Thanksgiving holiday has seen the New Zealand dollar drift sligh... read more

24 November 2016 - Economic sentiment post US election drives Greenback

By Joel Holmes
New Zealand Dollar: The New Zealand Dollar reached a high of 70.80 cents in intraday movements yesterday. Better than expected durable goods orders for the month of October... read more

23 November 2016 - Markets steady ahead of raft of US data sets

By Joel Holmes
New Zealand Dollar: The New Zealand dollar has consolidated its value up above the 70 US Cents mark over the past 24 hours, bouncing from an overnig... read more

22 November 2016 - US rally stalls ahead of Thanksgiving weekend

By Joel Holmes
New Zealand Dollar: After a lacklustre day yesterday for the New Zealand Dollar we have had a weakening US Dollar drive the NZD/USD pair through the 0.70 barrier in overnig... read more

21 November 2016 - Greenback remains the dominant force in global FX

By Shameem Musa
Australian Dollar: The Australian Dollar moved lower through trade on Friday having broken through key resistance levels on Thursday of 0.7... read more

18 November 2016 - Bets of a rate hike favours the Greenback

By Michael Judge
New Zealand Dollar: With technical resistance levels kicking in for the US Dollar intraday yesterday, the New Zealand dollar bounc... read more

17 November 2016 - US Dollar Index advances to 14 year high

By Michael Judge
New Zealand Dollar: The New Zealand Dollar has been one of the worse preforming currencies against the Greenback in the past seven days, having touched a high of 74c last ... read more

16 November 2016 - Improved retails sales bolster U.S rate hike expectations

By Matt Richardson
New Zealand Dollar: The New Zealand dollar edged lower throughout trade on Tuesday nearing one month lows and touching 0.7071 overnight. Despite improved dairy prices the K... read more

15 November 2016 - Greenback extends its rally

By Michael Judge
New Zealand Dollar: The New Zealand dollar has done well to hold its ground in the early parts of this week in light of a US Dolla... read more

14 November 2016 - USD rally continues in wake of Trump victory

By Brett Ottawa
New Zealand Dollar: The New Zealand Dollar remained on the back foot for the latter part of last week after the Central Bank cut interest rates on Wednesday and the door re... read more

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