Mike Burrowes
Although NZ$/US$ was down significantly over the week, on Friday it managed to recover some strength
19th Dec 11, 8:49am
Although NZ$/US$ was down significantly over the week, on Friday it managed to recover some strength
Better US data and good demand at a Spanish bond auction prompts reversal in risk appetite
16th Dec 11, 8:42am
Better US data and good demand at a Spanish bond auction prompts reversal in risk appetite
Risk and commodity sensitive currencies hit by increased fears around Euro union; Italy pays highest 5 year bond auction rate
15th Dec 11, 8:39am
1
Risk and commodity sensitive currencies hit by increased fears around Euro union; Italy pays highest 5 year bond auction rate
Increased Fonterra payout generates little reaction in NZ$; Euro sentiment helped by solid Spanish bond auction
14th Dec 11, 8:30am
Increased Fonterra payout generates little reaction in NZ$; Euro sentiment helped by solid Spanish bond auction
Comments from Fitch and Moody's suggest they willl look at Euro sovereign downgrades; NZ$ loses a cent against US$
13th Dec 11, 8:39am
Comments from Fitch and Moody's suggest they willl look at Euro sovereign downgrades; NZ$ loses a cent against US$
The risk sensitive A$, C$ and NZ$ were among the best performers, as markets responded positively to Euro summit news
12th Dec 11, 8:58am
The risk sensitive A$, C$ and NZ$ were among the best performers, as markets responded positively to Euro summit news
RBNZ expected to keep OCR on hold at 2.50%; markets waiting for Euro summit outcome this weekend
8th Dec 11, 8:31am
RBNZ expected to keep OCR on hold at 2.50%; markets waiting for Euro summit outcome this weekend
EUR absorbs the news that S&P had put 15 Euro soverigns on credit watch negative; RBA cuts official cash rate
7th Dec 11, 8:44am
2
EUR absorbs the news that S&P had put 15 Euro soverigns on credit watch negative; RBA cuts official cash rate
Franco-German agreement on fiscal rules for Euro countries boosts risk appetite; markets expecting RBA to cut cash rate today
6th Dec 11, 8:33am
1
Franco-German agreement on fiscal rules for Euro countries boosts risk appetite; markets expecting RBA to cut cash rate today
Euro rumours of Spanish credit downgrade and ECB support to IMF makes for volatile EUR session
5th Dec 11, 8:38am
Euro rumours of Spanish credit downgrade and ECB support to IMF makes for volatile EUR session
Markets subdued after yesterday's central bank induced excitement; Spanish and French bond auctions saw solid demand
2nd Dec 11, 8:33am
Markets subdued after yesterday's central bank induced excitement; Spanish and French bond auctions saw solid demand
Co-ordinated central bank action to provide US$ liquidty, helped by positive US data, sent risk currencies spiking higher
1st Dec 11, 8:44am
2
Co-ordinated central bank action to provide US$ liquidty, helped by positive US data, sent risk currencies spiking higher
The NZ$/US$ was propelled above 0.7600 overnight by an improvement in global risk sentiment, spurred by better US data and high hopes for today’s EU finance ministers meeting.
30th Nov 11, 8:31am
The NZ$/US$ was propelled above 0.7600 overnight by an improvement in global risk sentiment, spurred by better US data and high hopes for today’s EU finance ministers meeting.
NZ$/US$ traded within a 0.7370 to 0.7440 range; Belgium cedit rating downgrded
28th Nov 11, 9:30am
NZ$/US$ traded within a 0.7370 to 0.7440 range; Belgium cedit rating downgrded
Markets taking a breather from volatility as US breaks for Thanksgiving
25th Nov 11, 8:45am
Markets taking a breather from volatility as US breaks for Thanksgiving