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Dan Bell is the senior currency strategist at HiFX in Auckland. You can contact him here 

Articles by Dan Bell


Oil and gold prices tumble

Investor's remain short on expectation of shift in stance from RBNZ; oil and gold prices hammered, while global equity markets mixed

USD gives back some gains

USD weaker on back of disappointing data; global equity markets lower while commodities firmer

Markets position for the Fed

NZDUSD down again ahead of RBNZ; Greek election shifts euro; equities higher, oil steady

ECB exceed expectations on QE amount

NZDUSD down to June 2012 levels following ECB's bond buying program announcement; equity markets stronger across the board; gold price back over $1,300

Surprise central bank move sends NZD lower

Market caught by Bank of Canada rate cut announcement, NZD sharply lower; ECB QE program anticipated to be EUR50 bln per month

Dairy prices rebound

Latest Fonterra auction sees dairy prices up 1% on average; NZD one of the worst performers overnight; IMF cuts global growth forecasts but upgrades US outlook

Chinese brokers break rules

Chinese regulators penalise brokers for risky margin trading; global equity markets broadly stronger; oil price still declining

NZD softens of strong US rises

Currency markets still absorbing the shock Swiss move; Equity markets move higher with gold and oil; US consumers bullish

Volatile day for Swiss franc

Chaos in markets after Swiss discontinue floor against EUR; unemployment claims in US higher-than-expected; NZDEUR at fresh all time highs; global equities generally higher

Global markets under pressure

World Bank cuts growth forecasts causing global equity and commodity markets to slide; US retail sales show largest decline in 11-months

Investors happy to sell NZD/AUD

NZD lower again as USD firms; UK inflation halved to 0.5% equalling lowest on record ; equity markets broadly higher; oil price still hasn't found its bottom

Traders repositioning for the new year

Commodity prices weighing heavy on NZD; Brent crude price down 5% over last 24 hours; global equity markets mixed

Low volumes

Equities higher, gold and oil lower, eyes on NZ November trade data

Currency markets drift

Markets await US final Q3 GDP data; low liquidity could exaggerate market moves; gold lower, oil higher

Fed will bide their time with rate hikes

Fed states unlikely to hike interest rates before April; NZ annual Q3 GDP lower-than-expected; global equities stronger as oil price continues to slide

Markets absorb FOMC

NZD slightly higher on FOMC decisions, inflation low with gold and oil steady

NZD up with dairy prices

Currency markets all focused on Russia and Europe; stocks higher, oil and gold lower

Equity markets take centre stage

European equities tumble on ECB inaction; expectations Yellen will take more hawkish stance; oil price continues to fall

NZD back below 78 USc

Stronger US consumer sentiment and unique French deflation sees NZD drift with other commodity currencies

NZD races higher on RBNZ statement

NZD falls just short of 95c against AUD; Governor Wheeler confident NZD will weaken; strong US retail sales boosts USD and equities