AU$
Another quiet day for the markets, with most currency movements against the USD within 0.2% of the previous close; AUD and CAD up slightly as oil prices rise for the third consecutive day; Yen underperforms
27th Jun 17, 8:00am
Another quiet day for the markets, with most currency movements against the USD within 0.2% of the previous close; AUD and CAD up slightly as oil prices rise for the third consecutive day; Yen underperforms
All major currencies were up 0.3-0.4% against the USD, with NZD gaining 0.3% to trade at 0.7285 at last week's close; NZD largely flat against other majors but downside risk exists from speculative long positions being at highest levels in 4 years
26th Jun 17, 8:07am
All major currencies were up 0.3-0.4% against the USD, with NZD gaining 0.3% to trade at 0.7285 at last week's close; NZD largely flat against other majors but downside risk exists from speculative long positions being at highest levels in 4 years
NZD up 0.6% since RBNZ's OCR review, now trading at 0.7265 USD; US and local yields remain tightly range bound; CAD the best performer as oil prices find support and data releases exceed expectations
23rd Jun 17, 8:11am
NZD up 0.6% since RBNZ's OCR review, now trading at 0.7265 USD; US and local yields remain tightly range bound; CAD the best performer as oil prices find support and data releases exceed expectations
Commodity currencies marginally lower against the USD; NZD down against most majors; local rates had modest downwards pressure from previous day's US moves; GBP recovers some lost ground
22nd Jun 17, 8:20am
Commodity currencies marginally lower against the USD; NZD down against most majors; local rates had modest downwards pressure from previous day's US moves; GBP recovers some lost ground
NZDUSD is back hovering around the 0.7250 technical reistance level; local rate curve flattens; lower oil prices drag down US Treasury yields as inflation expectations lower; GBP lower on BoE Governor's speech
21st Jun 17, 8:26am
NZDUSD is back hovering around the 0.7250 technical reistance level; local rate curve flattens; lower oil prices drag down US Treasury yields as inflation expectations lower; GBP lower on BoE Governor's speech
NZD at day's low around 0.7230 USD after touching 0.7300 on an illiquid day; local rates biased upwards; USD up and UST higher across the curve on NY Fed's Dudley's speech, market remains sceptical that the Fed will raise rates this year
20th Jun 17, 8:05am
NZD at day's low around 0.7230 USD after touching 0.7300 on an illiquid day; local rates biased upwards; USD up and UST higher across the curve on NY Fed's Dudley's speech, market remains sceptical that the Fed will raise rates this year
NZDUSD gained 0.6% last week, RBNZ OCR review this week is expected to have little surprise; USD unwinds some post-FOMC gains and nudged lower on weaker than expected data
19th Jun 17, 8:06am
NZDUSD gained 0.6% last week, RBNZ OCR review this week is expected to have little surprise; USD unwinds some post-FOMC gains and nudged lower on weaker than expected data
NZD lower on weaker than expected GDP data and stronger USD; USD up as markets continue to digest FOMC statement; AUD well supported after employment data, currently at 0.7580 USD
16th Jun 17, 7:55am
NZD lower on weaker than expected GDP data and stronger USD; USD up as markets continue to digest FOMC statement; AUD well supported after employment data, currently at 0.7580 USD
NZD reached a high of 0.7318 USD before moving back down to 0.7255; GBP underperforms; CAD underperforms as oil prices fall to lowest level in a month
15th Jun 17, 8:23am
NZD reached a high of 0.7318 USD before moving back down to 0.7255; GBP underperforms; CAD underperforms as oil prices fall to lowest level in a month
NZD looking at the 0.7250 resistance level; GBP recovers and CAD continues to outperform; other majors quiet against the USD
14th Jun 17, 8:00am
NZD looking at the 0.7250 resistance level; GBP recovers and CAD continues to outperform; other majors quiet against the USD
NZD consolidates around the 0.7200 USD level; GBP remains under pressure and CAD outperforms; UK yields down; US and local rates stable
13th Jun 17, 8:08am
NZD consolidates around the 0.7200 USD level; GBP remains under pressure and CAD outperforms; UK yields down; US and local rates stable
NZD traded a 25 point range against the USD and ended at 0.7210; GBP weaker on surprise election result, NZD up 1.6% against the GBP; currencies, other than GBP, close within 0.2% versus the USD
12th Jun 17, 8:03am
NZD traded a 25 point range against the USD and ended at 0.7210; GBP weaker on surprise election result, NZD up 1.6% against the GBP; currencies, other than GBP, close within 0.2% versus the USD
NZD and USD stronger amidst modest market movements; ECB policy assessment sees risks to economic growth as "broadly balanced", up from "negative"; AUD stable around 0.7550 USD
9th Jun 17, 7:52am
NZD and USD stronger amidst modest market movements; ECB policy assessment sees risks to economic growth as "broadly balanced", up from "negative"; AUD stable around 0.7550 USD
NZD rangebound and saw some resistance just above the 0.7200 USD mark; CAD weaker on lower oil prices and AUD higher on economic data; EUR saw some volatility after ECB draft projections show CPI at around 1.5%
8th Jun 17, 8:00am
NZD rangebound and saw some resistance just above the 0.7200 USD mark; CAD weaker on lower oil prices and AUD higher on economic data; EUR saw some volatility after ECB draft projections show CPI at around 1.5%
NZD trading just above the 0.7200 USD mark; USDJPY down 1% as traders offload risk prior to key events on Thursday; AUD pushed through the 0.7500 USD mark but is 0.4% lower against the NZD
7th Jun 17, 8:05am
NZD trading just above the 0.7200 USD mark; USDJPY down 1% as traders offload risk prior to key events on Thursday; AUD pushed through the 0.7500 USD mark but is 0.4% lower against the NZD
USD weaker on weaker than expected employment data; AUD outperforms as data shows strong inventories and company profits; GBP was a solid performer prior to Thursday's election
6th Jun 17, 8:19am
1
USD weaker on weaker than expected employment data; AUD outperforms as data shows strong inventories and company profits; GBP was a solid performer prior to Thursday's election
NZD drops below the 0.7100 USD mark, now trading at 0.7065; USD supported by positive US economic news and Fed speakers affirming rate hike plan; AUD bottom of the leaderboard, down to 0.7380 USD, NZDAUD trading at 0.9570
2nd Jun 17, 8:21am
NZD drops below the 0.7100 USD mark, now trading at 0.7065; USD supported by positive US economic news and Fed speakers affirming rate hike plan; AUD bottom of the leaderboard, down to 0.7380 USD, NZDAUD trading at 0.9570
Oil down 3% as traders lose conviction that production cuts will reduce inventory, CAD and AUD down about 0.4%; NZD trading at 0.71 USD mark, on track to be the best performing currency for the month
1st Jun 17, 8:33am
Oil down 3% as traders lose conviction that production cuts will reduce inventory, CAD and AUD down about 0.4%; NZD trading at 0.71 USD mark, on track to be the best performing currency for the month
USD on a modest downward trend since last evening, TWI down 0.2%; despite weak inflation data, the market is still pricing in an 84% chance of a Fed rate hike next month; German inflation slowed more than expected
31st May 17, 7:58am
USD on a modest downward trend since last evening, TWI down 0.2%; despite weak inflation data, the market is still pricing in an 84% chance of a Fed rate hike next month; German inflation slowed more than expected
NZD is hovering around 0.7060 USD after meeting some resistance near 0.7090 last night; local rates market saw modest upward pressure, reversing some of Friday’s move
30th May 17, 8:09am
NZD is hovering around 0.7060 USD after meeting some resistance near 0.7090 last night; local rates market saw modest upward pressure, reversing some of Friday’s move
NZD gained 0.5% on Friday to be trading at 0.7060 USD, up around 2% for the week; slump in GBP as polls show the Conservative party losing support and consumer confidence declining; WTI Crude Oil recovered 1.8% after a 4.8% plunge
29th May 17, 8:18am
NZD gained 0.5% on Friday to be trading at 0.7060 USD, up around 2% for the week; slump in GBP as polls show the Conservative party losing support and consumer confidence declining; WTI Crude Oil recovered 1.8% after a 4.8% plunge
Commodity currencies lower as oil drops almost 5% on smaller than expected production cuts; NZ budget has little impact on markets; USD recovers some ground, lost due to slightly dovish FOMC minutes released yesterday
26th May 17, 8:12am
Commodity currencies lower as oil drops almost 5% on smaller than expected production cuts; NZ budget has little impact on markets; USD recovers some ground, lost due to slightly dovish FOMC minutes released yesterday
NZDUSD testing 0.7050 level and sits near the top of the leaderboard; Fed minutes from the May meeting supported a June rate hike and a gradual reduction of the balance sheet; Draghi plays down unwarranted side effects from negative rates
25th May 17, 8:26am
NZDUSD testing 0.7050 level and sits near the top of the leaderboard; Fed minutes from the May meeting supported a June rate hike and a gradual reduction of the balance sheet; Draghi plays down unwarranted side effects from negative rates
NZD tops currency leaderboard for second day running; Trump's budget, plans to cut spending by $3.6 tln over next 10 years; GBP spooked after bombing in Manchester yesterday
24th May 17, 8:53am
NZD tops currency leaderboard for second day running; Trump's budget, plans to cut spending by $3.6 tln over next 10 years; GBP spooked after bombing in Manchester yesterday
NZD trended 1% higher overnight, meeting some resistance just under the 0.70 USD mark; USD remains out of favour; NZ 2 yr swap at 2.25%, 10 yr at 3.26%, steepening bias expected
23rd May 17, 8:01am
NZD trended 1% higher overnight, meeting some resistance just under the 0.70 USD mark; USD remains out of favour; NZ 2 yr swap at 2.25%, 10 yr at 3.26%, steepening bias expected