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Exchange Rates

NZD consolidated against the USD and outperformed the AUD over the last week, this trend looks to continue in the coming week; USD softens as markets question Trump's ability to deliver promised tax cuts
28th Mar 17, 4:32pm
by Guest
NZD consolidated against the USD and outperformed the AUD over the last week, this trend looks to continue in the coming week; USD softens as markets question Trump's ability to deliver promised tax cuts
Rodney Dickens shows the NZD does not move in response to American benchmark interest rates. It is factors like relative economic growth and NZ export prices that really drive our exchange rate
26th Mar 17, 7:52am
5
Rodney Dickens shows the NZD does not move in response to American benchmark interest rates. It is factors like relative economic growth and NZ export prices that really drive our exchange rate
NZDUSD spiked to 0.7072 Monday night but was unable to hold, currently trading at 0.7058; Wednesday's GDT prices are expected to be lower as futures prices are down 5%; AUD has rallied over 0.7700 USD, supported by stronger commodity prices
21st Mar 17, 4:38pm
by Guest
NZDUSD spiked to 0.7072 Monday night but was unable to hold, currently trading at 0.7058; Wednesday's GDT prices are expected to be lower as futures prices are down 5%; AUD has rallied over 0.7700 USD, supported by stronger commodity prices
NZDUSD has held on the 0.6910 level this week but remains at risk to weak local data and a Fed statement that is more aggressive than expected; NZD continues to struggle against the AUD, as the latter is supported by firm commodity prices
14th Mar 17, 4:05pm
by Guest
NZDUSD has held on the 0.6910 level this week but remains at risk to weak local data and a Fed statement that is more aggressive than expected; NZD continues to struggle against the AUD, as the latter is supported by firm commodity prices
New Zealand fundamentals remain strong but rising US rates likely to put NZD under pressure; AUD too under pressure from USD despite strong commodity prices; USD payroll data on Friday likely to be pivotal for both NZD and AUD
7th Mar 17, 3:52pm
by Guest
New Zealand fundamentals remain strong but rising US rates likely to put NZD under pressure; AUD too under pressure from USD despite strong commodity prices; USD payroll data on Friday likely to be pivotal for both NZD and AUD
NZDUSD still around the 0.7180 mark, with support at 0.7130 and resistance expected at 0.7240; AUD lower against the USD and NZD and further downward pressure is expected
28th Feb 17, 6:00pm
by Guest
NZDUSD still around the 0.7180 mark, with support at 0.7130 and resistance expected at 0.7240; AUD lower against the USD and NZD and further downward pressure is expected
NZDUSD currently sits around 0.7160 but if 0.7150 breaks look for a test of 0.7100; AUD struggling to stay above the 0.77 level despite strong economic news; Greek debt and political risk remains a focus in the EU
22nd Feb 17, 8:35am
by Guest
NZDUSD currently sits around 0.7160 but if 0.7150 breaks look for a test of 0.7100; AUD struggling to stay above the 0.77 level despite strong economic news; Greek debt and political risk remains a focus in the EU
NZD drifts lower on dovish RBNZ and USD and AUD strength; USD outperforms on Trump's promised tax package and meetings with global leaders; AUDUSD encounters strong resistance at the 0.7700 level, unable to extend gains despite 6.5% rise in iron ore price
14th Feb 17, 4:44pm
by Guest
NZD drifts lower on dovish RBNZ and USD and AUD strength; USD outperforms on Trump's promised tax package and meetings with global leaders; AUDUSD encounters strong resistance at the 0.7700 level, unable to extend gains despite 6.5% rise in iron ore price
Lower than expected wage growth reduced rate rise expectations in the US; EUR down on political instability as anti-establishment parties gain traction; JPY and gold up, in a risk-off environment
8th Feb 17, 8:33am
by Guest
Lower than expected wage growth reduced rate rise expectations in the US; EUR down on political instability as anti-establishment parties gain traction; JPY and gold up, in a risk-off environment
NZD trading at 0.7280 USD and 0.9630 AUD after disappointing AU data; US markets look towards FOMC meeting and Non-farm payrolls; Asian markets subdued as nations celebrate Chinese New Year holiday
31st Jan 17, 5:05pm
by Guest
NZD trading at 0.7280 USD and 0.9630 AUD after disappointing AU data; US markets look towards FOMC meeting and Non-farm payrolls; Asian markets subdued as nations celebrate Chinese New Year holiday
NZD pushing towards resistance level of 0.7250, a break of which would target 0.7300; NZDAUD trading at 0.9540 and has strong support in this trading area; NZ CPI along with Trump policy announcements key data releases for this week
25th Jan 17, 8:38am
by Guest
NZD pushing towards resistance level of 0.7250, a break of which would target 0.7300; NZDAUD trading at 0.9540 and has strong support in this trading area; NZ CPI along with Trump policy announcements key data releases for this week
NZD trading at the 0.7100 level; GBPUSD has fallen 19% since Brexit vote; Safe havens gold and yen rise as stocks across Asia fall
17th Jan 17, 3:00pm
NZD trading at the 0.7100 level; GBPUSD has fallen 19% since Brexit vote; Safe havens gold and yen rise as stocks across Asia fall
NZD looks to AU data and GDT dairy auction for guidance; ECB likely to extend QE; USD consolidates prior to expected rate rise
6th Dec 16, 3:32pm
NZD looks to AU data and GDT dairy auction for guidance; ECB likely to extend QE; USD consolidates prior to expected rate rise
Post-Trump gains in USD total over 6%; focus on OPEC and commodity currencies; expect volatility in oil price
29th Nov 16, 2:29pm
Post-Trump gains in USD total over 6%; focus on OPEC and commodity currencies; expect volatility in oil price
Westpac's economists says the Kiwi dollar will stand above the crowd for a while yet, but in the end it will start edging lower
27th Nov 16, 6:20pm
by Guest
Westpac's economists says the Kiwi dollar will stand above the crowd for a while yet, but in the end it will start edging lower
Greenback posts fresh 13½ year highs; USD direction to be driven by upcoming data; strong exporter interest in NZD/USD around 70c mark
22nd Nov 16, 1:44pm
Greenback posts fresh 13½ year highs; USD direction to be driven by upcoming data; strong exporter interest in NZD/USD around 70c mark
Higher inflation and productivity in US under Trump; 85% chance of Fed rate hike in December, more could follow
15th Nov 16, 1:56pm
Higher inflation and productivity in US under Trump; 85% chance of Fed rate hike in December, more could follow
Plenty of market moving US data being released; NZD continues to ease against USD; Australian inflation data important for pricing future RBA cuts
25th Oct 16, 1:32pm
Plenty of market moving US data being released; NZD continues to ease against USD; Australian inflation data important for pricing future RBA cuts
ECB in focus this week, key UK data also eyed; Draghi infers monetary policy may have reached limit of efficacy; market continues to digest divergent central bank monetary policies
20th Oct 16, 8:37am
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ECB in focus this week, key UK data also eyed; Draghi infers monetary policy may have reached limit of efficacy; market continues to digest divergent central bank monetary policies
Stronger US data helps USD hit recent highs; spectacular GBP/USD meltdown; NZD easing against USD & AUD
11th Oct 16, 2:18pm
Stronger US data helps USD hit recent highs; spectacular GBP/USD meltdown; NZD easing against USD & AUD
UK PM nails down time frame for Brexit; bearish sentiment toward GBP; NZD trapped in tight range
4th Oct 16, 1:52pm
UK PM nails down time frame for Brexit; bearish sentiment toward GBP; NZD trapped in tight range
Rodney Dickens puts the boot into economic forecasters for getting it so wrong, sees a myriad of consequences from excessive OCR cuts
3rd Oct 16, 9:40am
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Rodney Dickens puts the boot into economic forecasters for getting it so wrong, sees a myriad of consequences from excessive OCR cuts
BoJ pledges to overshoot inflation target; US Fed kicks rate hike can down the road again; dovish RBNZ statement opens door for further easing
27th Sep 16, 2:32pm
BoJ pledges to overshoot inflation target; US Fed kicks rate hike can down the road again; dovish RBNZ statement opens door for further easing
Busy time for markets as central bank policy reviews released; Fed and RBNZ likely to keep rates unchanged
20th Sep 16, 2:04pm
Busy time for markets as central bank policy reviews released; Fed and RBNZ likely to keep rates unchanged
US Fed Presidents comments blamed for sell-off in global equities and risk currencies, subsequent rhetoric calms nerves; weak US data behind USD decline
13th Sep 16, 1:43pm
US Fed Presidents comments blamed for sell-off in global equities and risk currencies, subsequent rhetoric calms nerves; weak US data behind USD decline