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

Articles by Dan Bell

Risk on mood among traders

Bullish signs coming out of US with data exceeding expectations; NZD trades lower on disappointing trade balance

Short NZD positions reinstated

Currency markets range-bound as northern summer holidays reduce market flows, oil lower, gold steady

ECB ready to add more stimulus

USD to make further gains; Fed chair less dovish; equities lower, gold down; UST 10yr yields gain

NZD pegging back some loses

NZDUSD back over 84c; disappointing Chinese data; US manufacturing numbers exceeds expectations; gold prices down 1.3%

NZDUSD lower breaking through 84c

Hints US central bank may remove to raise interest rates ahead of schedule; NZD breaks through support level

US Interest rate hikes likely in near term

Fonterra auction result has NZD under pressure again; USD boosted by stronger housing data; Eurozone current account surplus shrinks

Equities higher, commodities lower

US dollar stronger against most; international risk appetite returns; NZD faces downside risks especially over the dairy price

US consumer sentiment underwhelms

Most US and UK data comes in on expectation, stocks flat, gold and oil lower

Q2 Retail Sales data sends NZD higher

NZDUSD rallies to break back above 85c; euro-zone economies hover close to recession

Lacklustre wage growth in UK

GBP weaker after BoE indicates not in a hurry to raise interest rates; easing tensions in Iraq and Ukraine gives equity markets a boost

German Investor expectations deteriorating

NZDUSD hits 2-month low before bouncing back to trade above the 200 day moving average

Tensions easing?

US equities rally as risk appetite returns on easing in the Ukraine, and a rising China trade surplus

Tensions rise in Ukraine and Iraq

NZDUSD bouncing off 2-month lows; geopolitical risks rise; Ukraine's military pledging to defend its borders; ECB and BoE leave rates unchanged

Italian and German data hit Euro

Italy swings back into recession and weak German industrial orders data send EURUSD to new 9-month low

Investors nervous & NZD sold-off

Increased tensions in Ukraine and another poor Fonterra auction sends markets lower and NZDUSD back below 85c

Narrow ranges

Portugal bank bailout calms fears; more ECB policy loosening awaited; markets mixed

Perfect storm for markets

Commodities sink and there is carnage in equity markets; US stocks in biggest one-day fall in 2014

US GDP blasts past expectations

Strengthening US economy has GDP at 4% p.a (3% p.a expected) and NZDUSD touching 2-month lows; no surprises from Fed 

Mixed US data slows NZDUSD decline

USD strengthened on better than expected consumer confidence but positive sentiment restrained by disappointing US house price data

Waiting for Fonterra

NZ dollar direction expected to be heavily influenced by this afternoon's dairy payout announcement