AU$
Both the DXY and broader Bloomberg DXY 0.5% lower, in part due to the Powell speech; CNY strength and USD weakness combined to help boost the NZD; AUD was the best performing currency
27th Aug 18, 8:12am
Both the DXY and broader Bloomberg DXY 0.5% lower, in part due to the Powell speech; CNY strength and USD weakness combined to help boost the NZD; AUD was the best performing currency
USD is broadly stronger, recovering some of its losses seen earlier this week; NZD slipped around 30pips to 0.6670; AUD is the weakest of the majors, with political risk overhanging the currency; UST yields are little changed
24th Aug 18, 8:07am
USD is broadly stronger, recovering some of its losses seen earlier this week; NZD slipped around 30pips to 0.6670; AUD is the weakest of the majors, with political risk overhanging the currency; UST yields are little changed
The NZD has spent the last 24 hours hovering around 0.6700, while US equities and bond markets show little movement; USD is down just 0.1% for the day; NZDAUD shifted up to a higher plane after the retail sales data
23rd Aug 18, 7:43am
The NZD has spent the last 24 hours hovering around 0.6700, while US equities and bond markets show little movement; USD is down just 0.1% for the day; NZDAUD shifted up to a higher plane after the retail sales data
NZD is touching 0.67 amidst a weaker USD backdrop; global rates have drifted higher; AUD rose up through 0.7380 but has slightly underperformed the NZD; GBP and EUR up about 1%
22nd Aug 18, 7:57am
NZD is touching 0.67 amidst a weaker USD backdrop; global rates have drifted higher; AUD rose up through 0.7380 but has slightly underperformed the NZD; GBP and EUR up about 1%
GBP is near the top of the leaderboard; NZD was in a drift-down mode for much of Monday but ended the day flat at 0.6630 on USD weakness; UST yields have drifted lower and the curve shows a slight flattening bias
21st Aug 18, 7:59am
GBP is near the top of the leaderboard; NZD was in a drift-down mode for much of Monday but ended the day flat at 0.6630 on USD weakness; UST yields have drifted lower and the curve shows a slight flattening bias
USD was the weakest of the majors; US 10-year rate traded in a 3bp range; NZD closed the week on a strong note; CAD’s performance was supported by Canada CPI inflation
20th Aug 18, 8:14am
USD was the weakest of the majors; US 10-year rate traded in a 3bp range; NZD closed the week on a strong note; CAD’s performance was supported by Canada CPI inflation
US and China to resume trade talks; amidst a sharp rise in the offshore Chinese Renminbi, the NZD and AUD are amongst the better performing currencies; Turkish lira continued its recent recovery
17th Aug 18, 7:54am
US and China to resume trade talks; amidst a sharp rise in the offshore Chinese Renminbi, the NZD and AUD are amongst the better performing currencies; Turkish lira continued its recent recovery
Emerging markets remaining under pressure, despite a further recovery in the Turkish lira; USD has continued to strengthen; NZD made a fresh low overnight; bond yields lower
16th Aug 18, 8:19am
Emerging markets remaining under pressure, despite a further recovery in the Turkish lira; USD has continued to strengthen; NZD made a fresh low overnight; bond yields lower
USD has continued to push higher overnight; EUR, GBP and AUD have all made new lows for the year; NZD is down slightly on the day but has outperformed most of the G10; NZ swap rates pushed higher yesterday
15th Aug 18, 7:51am
USD has continued to push higher overnight; EUR, GBP and AUD have all made new lows for the year; NZD is down slightly on the day but has outperformed most of the G10; NZ swap rates pushed higher yesterday
Turkey remains in the headlines after more volatility in the lira; developed market equities are modestly lower overnight and core bond yields are little changed; USD is stronger against emerging market currencies
14th Aug 18, 7:42am
Turkey remains in the headlines after more volatility in the lira; developed market equities are modestly lower overnight and core bond yields are little changed; USD is stronger against emerging market currencies
Macroeconomic situation in Turkey escalated into an all-out currency crisis; emerging market currencies were weaker and markets saw broad-based strength in the USD; NZD has fallen further to below 0.66; NZ rates experienced another substantial fall
13th Aug 18, 7:56am
Macroeconomic situation in Turkey escalated into an all-out currency crisis; emerging market currencies were weaker and markets saw broad-based strength in the USD; NZD has fallen further to below 0.66; NZ rates experienced another substantial fall
NZD is in good company at the bottom of the leaderboard; Yen, Swiss franc and USD have outperformed; Global rates have nudged lower while NZ swap rates reached 2-year lows yesterday
10th Aug 18, 8:09am
NZD is in good company at the bottom of the leaderboard; Yen, Swiss franc and USD have outperformed; Global rates have nudged lower while NZ swap rates reached 2-year lows yesterday
There has been some mild outperformance of commodity currencies and the yen; GBP remains unloved; US equities are flat and the global rates market shows little change
9th Aug 18, 7:50am
There has been some mild outperformance of commodity currencies and the yen; GBP remains unloved; US equities are flat and the global rates market shows little change
Chinese yuan dragged the AUD higher but the NZD has been left behind and is flat; S&P500 approaching a fresh high and global bond yields are slightly higher; market volatility remains suppressed
8th Aug 18, 8:07am
Chinese yuan dragged the AUD higher but the NZD has been left behind and is flat; S&P500 approaching a fresh high and global bond yields are slightly higher; market volatility remains suppressed
The drift lower in the NZD has been against a backdrop of a broadly based, albeit modest, gain in the USD; GBP remains under pressure; UST 10-yr rate is down slightly to 2.93%
7th Aug 18, 7:54am
The drift lower in the NZD has been against a backdrop of a broadly based, albeit modest, gain in the USD; GBP remains under pressure; UST 10-yr rate is down slightly to 2.93%
CNY weakened to its lowest level in nearly 15 months, with USD/CNY up through 6.89; PBoC raised the reserve requirement on FX forwards trading to 20%; the move supported the NZD and AUD, particularly the latter
6th Aug 18, 8:06am
CNY weakened to its lowest level in nearly 15 months, with USD/CNY up through 6.89; PBoC raised the reserve requirement on FX forwards trading to 20%; the move supported the NZD and AUD, particularly the latter
Increased focus on trade tensions sees a weaker NZD; AUD has held up slightly better; GBP has also underperformed despite the BoE hiking rates; UST yields have slipped back below the 3% mark
3rd Aug 18, 8:10am
Increased focus on trade tensions sees a weaker NZD; AUD has held up slightly better; GBP has also underperformed despite the BoE hiking rates; UST yields have slipped back below the 3% mark
Yen slightly stronger on slightly lower risk sentiment; NZD and AUD have sustained the small losses seen during local trading hours yesterday; global rates are higher, with some spillover evident from higher JGB yields
2nd Aug 18, 7:59am
Yen slightly stronger on slightly lower risk sentiment; NZD and AUD have sustained the small losses seen during local trading hours yesterday; global rates are higher, with some spillover evident from higher JGB yields
AUD and CAD were supported overnight with the NZD dragging the chain; JPY has remained soft after the more dovish BoJ yesterday; BoJ kept global bond rates in check
1st Aug 18, 7:58am
AUD and CAD were supported overnight with the NZD dragging the chain; JPY has remained soft after the more dovish BoJ yesterday; BoJ kept global bond rates in check
USD has been the worst performing of the majors for no particular reason; NZD has outperformed its commodity currency counterparts; US 10-year Treasuries nudge up 2bps to currently 2.975%
31st Jul 18, 8:05am
USD has been the worst performing of the majors for no particular reason; NZD has outperformed its commodity currency counterparts; US 10-year Treasuries nudge up 2bps to currently 2.975%
Trump and Juncker agree to hold off tariffs; EUR fell after Draghi confirmed that the ECB wouldn’t raise rates until after next summer; NZD has moved lower in sympathy with the EUR and remains firmly range-bound for now; UST yields stable
27th Jul 18, 8:08am
Trump and Juncker agree to hold off tariffs; EUR fell after Draghi confirmed that the ECB wouldn’t raise rates until after next summer; NZD has moved lower in sympathy with the EUR and remains firmly range-bound for now; UST yields stable
US equities moved higher overnight, helped in part by some conciliatory comments from President Trump; USD weakened across the board; NZD has pushed on to 0.6825; US 10 year Treasury yield is down 1bp
26th Jul 18, 7:48am
US equities moved higher overnight, helped in part by some conciliatory comments from President Trump; USD weakened across the board; NZD has pushed on to 0.6825; US 10 year Treasury yield is down 1bp
President Trump blamed China and the EU for manipulating their currencies and interest rates and again questioning the Fed for raising rates; USD fell sharply; NZD has moved up above 0.68; UST 10 year yield up 4bps on the day to 2.89%
23rd Jul 18, 8:07am
President Trump blamed China and the EU for manipulating their currencies and interest rates and again questioning the Fed for raising rates; USD fell sharply; NZD has moved up above 0.68; UST 10 year yield up 4bps on the day to 2.89%
US dollar index made a fresh year-to-date high overnight; CNY made a new low for the year; NZD moved lower overnight, in sympathy with the moves in the CNY; US Treasury yields are 2 to 3bps lower on the day
20th Jul 18, 8:09am
US dollar index made a fresh year-to-date high overnight; CNY made a new low for the year; NZD moved lower overnight, in sympathy with the moves in the CNY; US Treasury yields are 2 to 3bps lower on the day
USD DXY rose close to its year-to-date highs during the London morning, before retreating; GBP is again the weakest performing currency; NZD has moved up close to 0.68, supported by the improvement in risk appetite and probably some position squaring
19th Jul 18, 8:06am
USD DXY rose close to its year-to-date highs during the London morning, before retreating; GBP is again the weakest performing currency; NZD has moved up close to 0.68, supported by the improvement in risk appetite and probably some position squaring