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

Articles by Dan Bell


RBNZ's property comments smack NZD

NZD dives after RBNZ's property consultation paper released; no rate changes for ECB or BoE; bad weather blamed for US jobless claims being higher-than-expected

NZD/AUD peppers all time highs

Euro sold off ahead of ECB meeting; NZD/AUD & NZD/EUR cross rates keep climbing; Bank of Canada holds rates

RBA decision helps push NZD higher

Dairy price index up 1.1%; RBA leaves rates unchanged but maintain clear easing bias; Spanish employment numbers best since 2001

Market expecting RBA to cut rates

China's rate cut sets scene for Australia to follow suit; expectations NZD/AUD could go higher; oil price still not found the bottom

Big data due this week

Tomorrow's RBA decision followed by dairy auction Wednesday and US non-farm payrolls on Saturday

Local data keeps NZD elevated

Fonterra confirming current payout and NZ Trade Balance beating expectations helps NZD rally; US CPI falls in January; oil price slumps yet again, down 4.4%

NZD climbs to test resistance levels

NZD/USD rallies on Chinese PMI data; future NZD direction to come from Fonterra announcement; gold price creeps back above $1,200

NZD rally runs out of puff

NZD losing ground against majors; Fed indicates not likely to hike rates in near term; gold price falls below $1,200 while global equities push higher

NZD range bound

German business confidence strong again; markets reasonably quiet ahead of Yellen testimony; commodities down, global equity markets mixed

Greek deal boosts risk appetite

Potential of a 4 month bailout extension for Greece calms markets; mixed UK data; global equities higher, gold and oil 'quiet'

Market says small chance of Greek default

USD strengthens as German's play hardball with Greece and reject proposal for bailout extension; oil inventories soar, while price drops further; global equity markets mixed

NZD jumps on Fed announcement

Fed minutes show officials concerned over inflation weakness; strong USD seen as 'persistent source of restraint on US exports; signs of layoffs in oil and gas sectors as energy prices tumble

Stunning Fonterra auction sees NZD climb

Dairy prices rise 10.1% on reduced volumes, NZD/USD trades through 75.5c; Greece asking for 6-month debt extension; German confidence continues; UK CPI falls to record lows

NZD/AUD hits new post float high

NZD/AUD pushing towards 97c; mixed bag for global equity markets with US closed for Presidents Day holiday

Germany stars

Eurozone GDP growth pickup supports gloabl risk appetite, bolstered by strong German result

Soggy US data

USD falls as US retail sales come in below expectation; US unemployment insurance claims rise; gold and oil prices reverse recent downward trend

NZD following commodity prices

Market waiting on Greece's meeting with creditors; equity markets generally lower; commodities continue slide

No major data sees NZD tread water

NZD trading sideways; German Finance Minister warns Greek's not to pull out of current bailout program; global equity markets mixed while gold and oil prices slide lower

NZD leading the pack

German trade surplus record high; NZD gains almost 1c against USD; global equity markets mixed

Impressive US jobs numbers

Good American labour market data offset by poor UK trade data and weak Chinese imports; markets lower with gold, oil up