Neven Fisher
USD support faded as the week came to a close, the NZD finished up the strongest of the majors group finishing at 0.6640; NZDAUD eased lower from the open of 0.9072 to trade around the 0.9045 mark
21st Aug 18, 2:32pm
USD support faded as the week came to a close, the NZD finished up the strongest of the majors group finishing at 0.6640; NZDAUD eased lower from the open of 0.9072 to trade around the 0.9045 mark
World trade concerns continue to spook markets with investors worried about sentiment; NZDUSD sits at a March 2016 low of 0.6573 ; NZDAUD has leveled off this week to consolidate around the 0.9050 area
14th Aug 18, 2:20pm
World trade concerns continue to spook markets with investors worried about sentiment; NZDUSD sits at a March 2016 low of 0.6573 ; NZDAUD has leveled off this week to consolidate around the 0.9050 area
Currency markets were all broadly weaker through the later stages of the week once risk markets were put on notice; NZD is trading just off its lows at 0.6730 midday Tuesday after starting the week at 0.6745; AUD strength has dominated the NZD
7th Aug 18, 1:58pm
Currency markets were all broadly weaker through the later stages of the week once risk markets were put on notice; NZD is trading just off its lows at 0.6730 midday Tuesday after starting the week at 0.6745; AUD strength has dominated the NZD
NZD pushed off 0.6760 USD last week and has made subtle gains to 0.6830; risk sentiment will play a huge role as the week progresses; NZD has made a push higher against the AUD
31st Jul 18, 1:53pm
NZD pushed off 0.6760 USD last week and has made subtle gains to 0.6830; risk sentiment will play a huge role as the week progresses; NZD has made a push higher against the AUD
Markets have turned yesterday to become risk averse again based on President Trump’s tweet; NZD gapped lower on the weekly open to 0.6790 after President Trump spooked markets; NZDAUD cross extends its 4th week of range bound activity
24th Jul 18, 3:30pm
Markets have turned yesterday to become risk averse again based on President Trump’s tweet; NZD gapped lower on the weekly open to 0.6790 after President Trump spooked markets; NZDAUD cross extends its 4th week of range bound activity
Currently at 0.6775, the NZD has appeared little affected by the weaker than expected Q2 CPI figure; NZDAUD remains stuck in a 40 odd point range between 0.9142-0.9101; RBA minutes release this afternoon
17th Jul 18, 1:17pm
Currently at 0.6775, the NZD has appeared little affected by the weaker than expected Q2 CPI figure; NZDAUD remains stuck in a 40 odd point range between 0.9142-0.9101; RBA minutes release this afternoon
Markets saw last week out on a positive note; NZD has enjoyed rally against the USD over the last few days as USD bulls take a breather and risk appetite has increased; NZD is now back around 0.9160 AUD
10th Jul 18, 1:52pm
Markets saw last week out on a positive note; NZD has enjoyed rally against the USD over the last few days as USD bulls take a breather and risk appetite has increased; NZD is now back around 0.9160 AUD
Trade-war concerns, political risk in Europe and divergence in monetary policy across the globe remain, some of the ongoing key themes to worry investors; NZD extends its five week decline bumping against 0.6690 with the USD
4th Jul 18, 2:43pm
Trade-war concerns, political risk in Europe and divergence in monetary policy across the globe remain, some of the ongoing key themes to worry investors; NZD extends its five week decline bumping against 0.6690 with the USD
Risk sentiment in the markets is subdued still with the NZD easing lower from the weekly open against the USD; NZDAUD cross has traded in a tight range since last Wednesday; RBNZ cash rate announcement is Thursday and should remain unchanged at 1.75%
26th Jun 18, 2:10pm
Risk sentiment in the markets is subdued still with the NZD easing lower from the weekly open against the USD; NZDAUD cross has traded in a tight range since last Wednesday; RBNZ cash rate announcement is Thursday and should remain unchanged at 1.75%
Markets closed the week out weaker with currencies all down against the USD; NZD remains on the back foot against the USD, from the decline from 0.7050 with further downside expected; NZD making gradual gains against the AUD
19th Jun 18, 2:33pm
Markets closed the week out weaker with currencies all down against the USD; NZD remains on the back foot against the USD, from the decline from 0.7050 with further downside expected; NZD making gradual gains against the AUD
Trade war talks will dominate headlines over the week; FOMC will no doubt hike rates this week on the 14th; NZD continues to trade within the tight range band of 0.7050 and 0.7000 key support this month
12th Jun 18, 1:39pm
Trade war talks will dominate headlines over the week; FOMC will no doubt hike rates this week on the 14th; NZD continues to trade within the tight range band of 0.7050 and 0.7000 key support this month
Geopolitical issues affected currency markets with North Korea concerns rearing its ugly head once again; EUR gaped higher on the weekly open up 30 points to 1.1680 with the populist parties failing to form a government; NZD continued to push higher
29th May 18, 3:45pm
Geopolitical issues affected currency markets with North Korea concerns rearing its ugly head once again; EUR gaped higher on the weekly open up 30 points to 1.1680 with the populist parties failing to form a government; NZD continued to push higher
USD has continued its run pushing higher against all its rivals; US Treasury Secretary Steven Mnuchin said the US trade war with China is "on hold"; NZD dipped 50 points on the weekly open versus the USD
22nd May 18, 2:27pm
USD has continued its run pushing higher against all its rivals; US Treasury Secretary Steven Mnuchin said the US trade war with China is "on hold"; NZD dipped 50 points on the weekly open versus the USD
US Dollar Index spiked to 92.55 showing the wide ranging support for the greenback; NZD bounced off the low of 0.6900 midweek after the RBNZ left the benchmark rate unchanged at 1.75%; AUD continued its bullish run against the weakened NZD
15th May 18, 2:52pm
US Dollar Index spiked to 92.55 showing the wide ranging support for the greenback; NZD bounced off the low of 0.6900 midweek after the RBNZ left the benchmark rate unchanged at 1.75%; AUD continued its bullish run against the weakened NZD
NZD remains stuck in a range against the USD between the recent high of 0.7050 and the low of 0.6985; RBNZ will announce their cash rate Thursday with no change from 1.75% expected; BOE will also announce their cash rate Thursday night NZ time
8th May 18, 2:51pm
NZD remains stuck in a range against the USD between the recent high of 0.7050 and the low of 0.6985; RBNZ will announce their cash rate Thursday with no change from 1.75% expected; BOE will also announce their cash rate Thursday night NZ time
USD has extended its run against the NZD, which fell over 150 points as risk markets took a backseat to USD strength; NZD extended losses last week against the AUD; 10 year UST yield has diminished after rising to 3.035% late last week
1st May 18, 3:54pm
USD has extended its run against the NZD, which fell over 150 points as risk markets took a backseat to USD strength; NZD extended losses last week against the AUD; 10 year UST yield has diminished after rising to 3.035% late last week
NZD was under pressure from resurgent USD, to currently trade at 0.7153; NZD lost ground to its Australian cousin over the past week, pulling back from what were surprisingly elevated levels
24th Apr 18, 11:05am
NZD was under pressure from resurgent USD, to currently trade at 0.7153; NZD lost ground to its Australian cousin over the past week, pulling back from what were surprisingly elevated levels
NZD dropped lower off Friday’s high of 0.7375 to close the week against the USD at 0.7350; investors turned to risk aversion late in the week after missile strikes on Syria became a reality; NZD is finally weaker against the AUD
17th Apr 18, 2:47pm
NZD dropped lower off Friday’s high of 0.7375 to close the week against the USD at 0.7350; investors turned to risk aversion late in the week after missile strikes on Syria became a reality; NZD is finally weaker against the AUD
USD kicked of the week around 90.10 on the US Dollar Index, with support still lying with the USD; NZD was rejected from 0.7300 early last week to be sold off in risk off markets; NZD continued its rise against the AUD
3rd Apr 18, 3:48pm
USD kicked of the week around 90.10 on the US Dollar Index, with support still lying with the USD; NZD was rejected from 0.7300 early last week to be sold off in risk off markets; NZD continued its rise against the AUD
Adrian Orr starts his new job today; President Donald Trump is seeking a one third narrowing of the US Trade Deficit with China; NZD has reversed sharply off its last week’s low of 0.7150 against the USD as it eyes 0.7350
27th Mar 18, 3:01pm
Adrian Orr starts his new job today; President Donald Trump is seeking a one third narrowing of the US Trade Deficit with China; NZD has reversed sharply off its last week’s low of 0.7150 against the USD as it eyes 0.7350
US Federal Reserve and RBNZ to announce monetary policy on Thursday; Fed expected to raise rates but RBNZ expected to hold; NZD direction to be driven by central bank announcements and risk sentiment
20th Mar 18, 3:44pm
US Federal Reserve and RBNZ to announce monetary policy on Thursday; Fed expected to raise rates but RBNZ expected to hold; NZD direction to be driven by central bank announcements and risk sentiment
NZD movement this week could be largely governed by investor risk appetite and continuing tariff negotiations; the USD is up slightly over the week with the index breaking back above 90.00; NZ quarterly GDP prints Thursday
13th Mar 18, 3:09pm
NZD movement this week could be largely governed by investor risk appetite and continuing tariff negotiations; the USD is up slightly over the week with the index breaking back above 90.00; NZ quarterly GDP prints Thursday
Australia, Canada, Japan and Europe central banks to make interest rate decisions this week; trade war threats see USD lower; NZD traded lower against the USD but retains edge over the AUD
6th Mar 18, 3:22pm
Australia, Canada, Japan and Europe central banks to make interest rate decisions this week; trade war threats see USD lower; NZD traded lower against the USD but retains edge over the AUD
The NZD drifted lower late last week to a low of 0.7270 against the USD during the NY session to close the week at 0.7292; NZDAUD lost ground; USD retraces recent losses; NZD to look to offshore data for direction this week
27th Feb 18, 2:11pm
The NZD drifted lower late last week to a low of 0.7270 against the USD during the NY session to close the week at 0.7292; NZDAUD lost ground; USD retraces recent losses; NZD to look to offshore data for direction this week
NZD remains near 6 month highs against the USD with momentum still to the upside; NZD also continues to gain support over the AUD, trading to a Friday high of 0.9345; AUDUSD remained supported throughout last week
20th Feb 18, 1:37pm
NZD remains near 6 month highs against the USD with momentum still to the upside; NZD also continues to gain support over the AUD, trading to a Friday high of 0.9345; AUDUSD remained supported throughout last week