Doug Steel

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Articles by Doug Steel

30 Mar 17, 8:36am
NZD opens at 0.7030 USD after testing lows just below 0.7000, lower against the AUD at 0.9170; USD DXY up 0.3% on European currency weakness; UK triggered Article 50 and the Brexit process officially began last night
30 Mar 17, 8:23am
ECB to sit pat. Fed speakers sing similar tunes. Local rates firm ahead of inflation clues. Offshore markets eye some important data signals
29 Mar 17, 8:31am
Many US Fed officials speaking but Fischer's TV slot saying two more due in 2017 boosts markets. UST yields rise. Local rates may see upward pressure as a result
29 Mar 17, 8:28am
USD was supported by firm data and Fed speak overnight, reversing the downward trend seen over the last two weeks, DXY up 0.6%; AUD pushed higher on strong oil and iron ore prices; NZD, as a result, down to 0.7020 USD and 0.9190 AUD
28 Mar 17, 8:39am
Despite the chorus of Fed speakers talking up the need for even more 2017 rate hikes, markets are sceptcal, especially for the longer term
28 Mar 17, 8:33am
NZDUSD traded a tight 30 point range to start the day at 0.7040; USD dollar index (DXY) continued its decline, dropping to the lowest level since November last year; EUR and GBP outperform
21 Mar 17, 8:51am
Fed speakers offer varied opinions but no clear steer.  UST 10yr weakens and flattens all within settled range. Local rates to follow lower
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