Exchange Rates

19 Mar 19, 2:24pm
Lack of data last week on the NZD calendar has seen the currency push higher on general USD weakness to 0.6875, before easing back slightly; AUDNZD pair is still trending higher
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12 Mar 19, 2:14pm
NZD received a boost Friday after broad based declines in the USD; NZD continues to improve on the AUD; GBP recovered off last week low of 0.5230 against the NZD
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5 Mar 19, 2:31pm
Risk sentiment improved over the weekend when positive comments came out of meetings between US negotiators and Chinese officials; NZD started the week well peaking at 0.6827 USD; NZDAUD pair opened the week around 0.9610
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26 Feb 19, 1:57pm
Currency markets closed lower Friday after investors became nervous around US/China trade talks; Monday morning has seen every major currency push higher including the NZD and the AUD
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19 Feb 19, 2:20pm
NZD is over 1.60% stronger than the USD to 0.6890; NZDAUD broke past resistance of 0.9600 to a high of 0.9645; RBNZ left cash rate unchanged at 1.75%
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13 Feb 19, 5:29pm
Even though the RBNZ didn't announce any significant changes in monetary policy, currency and interest rate markets jumped. That says more about traders getting assumptions wrong than the RBNZ
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12 Feb 19, 2:35pm
Major US indices have closed the week in negative territory; USD has had its best week in over six months; NZD has been the poorest performing currency over the past week next to the AUD
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5 Feb 19, 2:32pm
January for equity markets turned out positive with gains of over 7.8% in the S&P; NZD has recovered well from early January 0.6600 levels reaching a high Friday; this week’s local driver will be Thursday’s NZ employment figures
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30 Jan 19, 3:22pm
President Trump succumbed to pressure over the weekend, ending the shutdown with no concession; Brexit continues to dominate the Eurozone; NZD continues to hold in the higher level
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18 Dec 18, 12:55pm
Markets closed in the red Friday in a risk off mood; NZD momentarily recovered towards 0.6800 but failed to make any headway past 0.6890 at the close; NZD has lost ground against its Australian cousin
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11 Dec 18, 3:18pm
Equity markets continue to be on a wild ride of late; China growth has slowed for November; NZD has made a good start to the week against the USD; NZD continues to outperform the AUD
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4 Dec 18, 1:54pm
Good news emerged from the G20 weekend meeting; NZD has continued its bullish run higher to reach 0.6930; NZD rallied off the weekly open of 0.9370 AUD to reach recent resistance of 0.9435 during Monday’s trading
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27 Nov 18, 3:10pm
NZD fell away sharply continuing its momentum to the downside from last week’s risk off close; NZDAUD remains very much content in its recent range between 0.9345 and 0.9430
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20 Nov 18, 2:07pm
Currency markets ended the week uneventfully after a huge week of Brexit related headlines; NZD rallied to 0.6880 against the greenback during Friday’s NY session where it closed the week; NZDAUD is still mysteriously holding up over 0.9300 levels
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13 Nov 18, 2:16pm
Markets are still figuring out what it all means post US elections and Fed policy announcement; NZD climbed to a four month high of 0.6817; NZD has continued to climb against the AUD
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6 Nov 18, 1:54pm
The potential future of Donald Trump's presidency could be decided this week; NZD held its ground late Friday reaching a high of 0.6685 against the USD after Non Farm Payroll numbers printed; NZDAUD pair continues to be range bound
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30 Oct 18, 2:47pm
Equity markets in the US closed down for the week with the DOW at -3.0% and the S&P and Nasdaq both around -3.9%; NZD traded from 0.6600 levels from last week’s open down to 0.6470 Friday against the USD; NZDAUD cross opened at 0.9200
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16 Oct 18, 3:03pm
US based indices are down over 4% which marks the third biggest weekly loss this year; CPI figures published well up on expectations this morning pushing the NZD higher to 0.6595; NZD is back trading above 0.9200 levels against the AUD
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9 Oct 18, 2:36pm
Starting the week around 0.6600 NZDUSD sank to 0.6440 a 2.5 year low; NZDAUD pair is still bouncing around within recent ranges but closer to the bottom of our support area of 0.9050; US Dollar has been the strongest performer over the past 10 days
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2 Oct 18, 2:00pm
US Dollar strength was the theme closing the week out on a high as markets retreated on risk sentiment; travelling below 0.6600 to 0.6590 the NZDUSD cross look vulnerable for further downside; NZDAUD at 0.9130
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