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GBP

Market expects a 0.25% rate hike this week, but there is uncertainty around the number of hikes planned for the remainder of the year; NZD to hold 0.7200 USD level until FOMC announcement; GBP under pressure after election
13th Jun 17, 3:51pm
by Guest
Market expects a 0.25% rate hike this week, but there is uncertainty around the number of hikes planned for the remainder of the year; NZD to hold 0.7200 USD level until FOMC announcement; GBP under pressure after election
NZD now above 0.7100 USD and continues to outperform AUD; UK election, ECB meeting and Comey testimony key events for the week; Fed expected to increase rates despite weak economic data
6th Jun 17, 3:47pm
by Guest
NZD now above 0.7100 USD and continues to outperform AUD; UK election, ECB meeting and Comey testimony key events for the week; Fed expected to increase rates despite weak economic data
NZD trading at 0.7046 USD after hitting at a 2 month high of 0.7090, consolidation at current levels expected; AUD suffers as commodity prices struggle, NZDAUD traded at a 3 month high of 0.9524 last night
30th May 17, 4:31pm
by Guest
NZD trading at 0.7046 USD after hitting at a 2 month high of 0.7090, consolidation at current levels expected; AUD suffers as commodity prices struggle, NZDAUD traded at a 3 month high of 0.9524 last night
NZD back above 0.7000 USD and 0.9300 AUD; US markets have calmed after Trump's tour to Saudi Arabia; AUD began the week on a more positive note holding over 0.7400 USD
23rd May 17, 6:17pm
by Guest
NZD back above 0.7000 USD and 0.9300 AUD; US markets have calmed after Trump's tour to Saudi Arabia; AUD began the week on a more positive note holding over 0.7400 USD
Supportive fundamentals are countered by RBNZ's neutral policy, which limits upside potential of the NZD; AUD back above the 0.7400 USD level, however overall tone remains negative; US data releases mixed but overall positive trend in economy expected
16th May 17, 5:38pm
by Guest
Supportive fundamentals are countered by RBNZ's neutral policy, which limits upside potential of the NZD; AUD back above the 0.7400 USD level, however overall tone remains negative; US data releases mixed but overall positive trend in economy expected
NZDUSD currently trading at 0.6903, a move towards 0.7000 possible; AUD under pressure as Chinese data and iron ore prices take effect; primary support for USD are Fed decisions as Trump policies look increasingly diluted
9th May 17, 7:18pm
by Guest
NZDUSD currently trading at 0.6903, a move towards 0.7000 possible; AUD under pressure as Chinese data and iron ore prices take effect; primary support for USD are Fed decisions as Trump policies look increasingly diluted
NZDUSD lost almost 200 points last week and is now trading at 0.6918; with the French elections this weekend, expect choppy European markets this week; soft US data releases lately indicate that the health of the economy may have been overstated
2nd May 17, 4:47pm
by Guest
NZDUSD lost almost 200 points last week and is now trading at 0.6918; with the French elections this weekend, expect choppy European markets this week; soft US data releases lately indicate that the health of the economy may have been overstated
NZDUSD has recovered to 0.7000 level, however NZD weakness is expected in the near term; against the AUD, NZD likely to be rangebound after facing resistance at the 0.9300 level; mixed USD data and Trump comments have added volatility to the markets
18th Apr 17, 4:36pm
NZDUSD has recovered to 0.7000 level, however NZD weakness is expected in the near term; against the AUD, NZD likely to be rangebound after facing resistance at the 0.9300 level; mixed USD data and Trump comments have added volatility to the markets
NZD is currently trading at the 0.6950 level after testing a 0.6920 low, look for a move to the 0.6900 level over the next week; against the AUD the NZD has been firm and upside potential remains; USD strength to continue as Fed rate rises
11th Apr 17, 4:20pm
by Guest
NZD is currently trading at the 0.6950 level after testing a 0.6920 low, look for a move to the 0.6900 level over the next week; against the AUD the NZD has been firm and upside potential remains; USD strength to continue as Fed rate rises
NZD at 0.70 USD levels and has risen to around the 0.92 AUD level, expected to drift downwards against USD and upwards against AUD; Despite Trump administration's difficulties in enacting policy, the US economy continues to grow at a slow and steady rate
5th Apr 17, 7:38am
by Guest
NZD at 0.70 USD levels and has risen to around the 0.92 AUD level, expected to drift downwards against USD and upwards against AUD; Despite Trump administration's difficulties in enacting policy, the US economy continues to grow at a slow and steady rate
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
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
USD weakens on easing of post-election surge. NZD also rising strongly against the GBP.  Kiwi breaks through 200-day average
13th Jan 17, 8:43am
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USD weakens on easing of post-election surge. NZD also rising strongly against the GBP.  Kiwi breaks through 200-day average
Westpac looks at how the NZ dollar will respond to new risk profiles for US interest rates and the US dollar, and how the greenback fares against other majors
12th Jan 17, 9:51am
by Guest
Westpac looks at how the NZ dollar will respond to new risk profiles for US interest rates and the US dollar, and how the greenback fares against other majors
Trump press conference sees USD fall. Direction for NZD at whim of global markets. AUD gets boost
12th Jan 17, 8:02am
Trump press conference sees USD fall. Direction for NZD at whim of global markets. AUD gets boost
US SME optimism underpins USD strength. Market risk appetite high. NZD 'underperforming'
11th Jan 17, 8:17am
US SME optimism underpins USD strength. Market risk appetite high. NZD 'underperforming'