Ian Dobbs
NZD closed the week higher against the USD and should appreciate if a risk-on move occurs; NZDAUD market continues to be choppy with a move down to 0.9170 possible; AUD on the back foot against the USD
13th Feb 18, 3:55pm
NZD closed the week higher against the USD and should appreciate if a risk-on move occurs; NZDAUD market continues to be choppy with a move down to 0.9170 possible; AUD on the back foot against the USD
USD recovered on better than expected non-farm payrolls data; NZDUSD down to 0.7285 on the USD rally, however, the 0.7250 support level is expected to hold in the short term; AUDUSD now below the critical 0.8000 level
5th Feb 18, 2:17pm
USD recovered on better than expected non-farm payrolls data; NZDUSD down to 0.7285 on the USD rally, however, the 0.7250 support level is expected to hold in the short term; AUDUSD now below the critical 0.8000 level
The NZD is currently trading at 0.7334 USD and is expected to consolidate ahead of the Fed meeting later in the week; any break below 0.7300 USD would likely extend to the 0.7250 levels; NZD also vulnerable against the AUD if the AU CPI data is strong
30th Jan 18, 3:31pm
The NZD is currently trading at 0.7334 USD and is expected to consolidate ahead of the Fed meeting later in the week; any break below 0.7300 USD would likely extend to the 0.7250 levels; NZD also vulnerable against the AUD if the AU CPI data is strong
The continued shutdown of the US government has seen the US dollar remain under pressure; NZD continues to hold above 0.7300 and is now building a more solid base; NZD opens the week higher against the AUD
23rd Jan 18, 1:39pm
The continued shutdown of the US government has seen the US dollar remain under pressure; NZD continues to hold above 0.7300 and is now building a more solid base; NZD opens the week higher against the AUD
NZD reached an overnight high of 0.7313 USD, the highest level since the end of September 2017; against the AUD the NZD drifted lower to currently sit at 0.9160; GDT results may be pivotal for the NZD
16th Jan 18, 4:08pm
NZD reached an overnight high of 0.7313 USD, the highest level since the end of September 2017; against the AUD the NZD drifted lower to currently sit at 0.9160; GDT results may be pivotal for the NZD
After a high against the USD of 0.7032 the NZD has drifted lower and now stands at 0.7003, upside looks capped at the 0.7020 level; NZD has also drifted lower against the AUD, now at 0.9134
19th Dec 17, 3:58pm
After a high against the USD of 0.7032 the NZD has drifted lower and now stands at 0.7003, upside looks capped at the 0.7020 level; NZD has also drifted lower against the AUD, now at 0.9134
Market prices in 98% chance for Fed rate hike this week; ECB, BoE, Swiss National Bank and Bank of Norway to also announce policies this week
12th Dec 17, 12:08pm
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Market prices in 98% chance for Fed rate hike this week; ECB, BoE, Swiss National Bank and Bank of Norway to also announce policies this week
NZD trading at 0.6809 USD and remains susceptible to further USD strength; NZD continues to trade lower against the AUD; US data continues to be supportive; political uncertainty in Germany weighs in on sentiment
21st Nov 17, 5:29pm
NZD trading at 0.6809 USD and remains susceptible to further USD strength; NZD continues to trade lower against the AUD; US data continues to be supportive; political uncertainty in Germany weighs in on sentiment
NZD is now at 0.6877 USD and should trade around current levels ahead of the US CPI and growth data; NZD trading at 0.9004 AUD and a pullback below the 0.9000 level is favoured
14th Nov 17, 6:05pm
NZD is now at 0.6877 USD and should trade around current levels ahead of the US CPI and growth data; NZD trading at 0.9004 AUD and a pullback below the 0.9000 level is favoured
US data shows enough positives for a December rate hike; NZD higher on commodity prices, trading at 0.6945 USD, 0.6980 level expected to hold advances; NZD trading at 0.9025 against the AUD
7th Nov 17, 1:44pm
US data shows enough positives for a December rate hike; NZD higher on commodity prices, trading at 0.6945 USD, 0.6980 level expected to hold advances; NZD trading at 0.9025 against the AUD
NZD expected to consolidate around current levels of 0.6850 and some retracement of losses expected; against the AUD the NZD has recovered to 0.8915 and the 0.8850 support level is expected to hold
31st Oct 17, 5:38pm
NZD expected to consolidate around current levels of 0.6850 and some retracement of losses expected; against the AUD the NZD has recovered to 0.8915 and the 0.8850 support level is expected to hold
After falling significantly against the USD from 0.7170 before the coalition news, the NZD is trading around the 0.6976 level; NZDAUD trading at around the 0.8928 mark after testing 0.8883 yesterday; AUD driftls lower on stronger USD
24th Oct 17, 4:12pm
After falling significantly against the USD from 0.7170 before the coalition news, the NZD is trading around the 0.6976 level; NZDAUD trading at around the 0.8928 mark after testing 0.8883 yesterday; AUD driftls lower on stronger USD
NZD trading at 0.7082 USD after being weighed down by election uncertainty, 0.7050 is the main support level and downside risks remain; downside risk also seen against the AUD as 0.9050 may be tested
10th Oct 17, 3:47pm
NZD trading at 0.7082 USD after being weighed down by election uncertainty, 0.7050 is the main support level and downside risks remain; downside risk also seen against the AUD as 0.9050 may be tested
NZDUSD likely to trade in the 0.7240-0.7290 range with a downside break favoured; NZDAUD continues to trade in a broad 0.9050-0.8970 range; AUD has held up well above the 0.8000 USD level, a break below which would threaten 0.7970
12th Sep 17, 3:44pm
NZDUSD likely to trade in the 0.7240-0.7290 range with a downside break favoured; NZDAUD continues to trade in a broad 0.9050-0.8970 range; AUD has held up well above the 0.8000 USD level, a break below which would threaten 0.7970
Poor US data was quickly forgotten after a hydrogen bomb test by North Korea over the weekend; NZDUSD has performed well so far this week but downward pressure remains; NZDAUD is lower this week
5th Sep 17, 4:08pm
Poor US data was quickly forgotten after a hydrogen bomb test by North Korea over the weekend; NZDUSD has performed well so far this week but downward pressure remains; NZDAUD is lower this week
NZD trading at 0.7245 USD with critical level of support at 0.7180; NZDAUD down to 0.9125 and looks to form a base around the 0.9100 level; Yellen and Draghi stress importance of leaving in place regulations implemented post GFC
29th Aug 17, 4:01pm
NZD trading at 0.7245 USD with critical level of support at 0.7180; NZDAUD down to 0.9125 and looks to form a base around the 0.9100 level; Yellen and Draghi stress importance of leaving in place regulations implemented post GFC
NZD has climbed back over the 0.7300 USD mark on USD weakness and is expected to stay in the 0.7315 - 0.7360 range for a few days; NZDAUD at 0.9220 with little clear direction; Markets look to Jackson Hole Symposium beginning Thursday
22nd Aug 17, 3:47pm
NZD has climbed back over the 0.7300 USD mark on USD weakness and is expected to stay in the 0.7315 - 0.7360 range for a few days; NZDAUD at 0.9220 with little clear direction; Markets look to Jackson Hole Symposium beginning Thursday
NZDUSD helped by weaker than expected US CPI data but remains susceptible to any further uptick in risk-aversion; NZDAUD continues to range trade; US-Korea tensions ease; Chinese data disappoints
15th Aug 17, 3:50pm
NZDUSD helped by weaker than expected US CPI data but remains susceptible to any further uptick in risk-aversion; NZDAUD continues to range trade; US-Korea tensions ease; Chinese data disappoints
NZDUSD broke the 0.7400 support level as the USD strengthened and is trading at 0.7351, close to the 0.7340 support level; NZD also lower against the AUD; NZD direction dependent on the RBNZ statement this week
9th Aug 17, 7:45am
NZDUSD broke the 0.7400 support level as the USD strengthened and is trading at 0.7351, close to the 0.7340 support level; NZD also lower against the AUD; NZD direction dependent on the RBNZ statement this week
NZD trading at 0.7519 USD on a weak USD; USD down 2.6% for the month as continuing upheavals in the Trump administration and lack of progress on tax agenda attracted USD selling, direction to be driven by data releases this week
1st Aug 17, 3:27pm
NZD trading at 0.7519 USD on a weak USD; USD down 2.6% for the month as continuing upheavals in the Trump administration and lack of progress on tax agenda attracted USD selling, direction to be driven by data releases this week
Political paralysis has weighed on the USD; NZD consolidating around the 0.7430 USD area and has bounced back against AUD to 0.9379 AUD; Fed Funds rate meeting this week expected to have no surprises
25th Jul 17, 12:40pm
Political paralysis has weighed on the USD; NZD consolidating around the 0.7430 USD area and has bounced back against AUD to 0.9379 AUD; Fed Funds rate meeting this week expected to have no surprises
USD weakness has been the main theme for the week, driven by Fed speakers, data and Trump administration; NZD has underperformed over this time and is lower on other crosses, not helped by soft inflation data
18th Jul 17, 12:12pm
USD weakness has been the main theme for the week, driven by Fed speakers, data and Trump administration; NZD has underperformed over this time and is lower on other crosses, not helped by soft inflation data
NZDUSD trapped in the 0.7250 and 0.7340 range for three weeks and a downside bias likely; NZDAUD also likely to have a downside bias; US data shows low unemployment but not broad based wage gains
11th Jul 17, 12:24pm
NZDUSD trapped in the 0.7250 and 0.7340 range for three weeks and a downside bias likely; NZDAUD also likely to have a downside bias; US data shows low unemployment but not broad based wage gains
NZD has performed well against the USD and AUD and currently trades at 0.7293 and 0.9596 respectively; USD supported by Fed policy to normalise interest rates despite soft data; commodity prices expected remain choppy
27th Jun 17, 4:22pm
NZD has performed well against the USD and AUD and currently trades at 0.7293 and 0.9596 respectively; USD supported by Fed policy to normalise interest rates despite soft data; commodity prices expected remain choppy
NZD expected to hold the 0.7170 - 0.7250 USD range ahead of RBNZ's OCR announcement on Thursday; big 4 Australian banks see credit downgrade, but AUD bounced back from the news on the back of an iron ore price rally
20th Jun 17, 3:16pm
NZD expected to hold the 0.7170 - 0.7250 USD range ahead of RBNZ's OCR announcement on Thursday; big 4 Australian banks see credit downgrade, but AUD bounced back from the news on the back of an iron ore price rally