US$
NZD and local rates moved up after CPI release but subsequently reversed some gains, NZDUSD currently at 0.7010 and 2yr and 10yr swaps at 2.32% and 3.30%; despite soft data releases recently, US Fed speakers still looking to raise rates as planned
21st Apr 17, 7:51am
NZD and local rates moved up after CPI release but subsequently reversed some gains, NZDUSD currently at 0.7010 and 2yr and 10yr swaps at 2.32% and 3.30%; despite soft data releases recently, US Fed speakers still looking to raise rates as planned
NZD drops to the 0.7000 level against the USD as the USD finds some support after a weak run; AUD worst performer of the day, now trading around 0.7500 USD and 0.9340 NZD; GBP loses some gains made from the election announcement
20th Apr 17, 7:39am
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NZD drops to the 0.7000 level against the USD as the USD finds some support after a weak run; AUD worst performer of the day, now trading around 0.7500 USD and 0.9340 NZD; GBP loses some gains made from the election announcement
NZD trades close to 0.7040 USD, around its high for the session, and above 0.9300 AUD; GBPUSD up over 2% as an early UK election announced; US Treasury rates lower on weak CPI data and delayed fiscal stimulus, 10yr rate down 7bps
19th Apr 17, 8:09am
NZD trades close to 0.7040 USD, around its high for the session, and above 0.9300 AUD; GBPUSD up over 2% as an early UK election announced; US Treasury rates lower on weak CPI data and delayed fiscal stimulus, 10yr rate down 7bps
Roger J Kerr expects the New Zealand dollar will remain comfortably above US70c in coming months
18th Apr 17, 9:44am
Roger J Kerr expects the New Zealand dollar will remain comfortably above US70c in coming months
NZD trading at 0.7010 USD, driven by a weaker USD and strong China data; USD lower on Trump comments and weaker than expected CPI data; AUD pushes up to around 0.76 USD, sustaining gains seen after strong employment data, NZDAUD trading at 0.9230
18th Apr 17, 8:17am
NZD trading at 0.7010 USD, driven by a weaker USD and strong China data; USD lower on Trump comments and weaker than expected CPI data; AUD pushes up to around 0.76 USD, sustaining gains seen after strong employment data, NZDAUD trading at 0.9230
NZD down between 0.3-0.7% on all crosses, trading at 0.6915 USD; AUD under pressure as well, as iron ore prices drop further; VIX index continues to rise, trading in the 15-16 range
13th Apr 17, 7:26am
NZD down between 0.3-0.7% on all crosses, trading at 0.6915 USD; AUD under pressure as well, as iron ore prices drop further; VIX index continues to rise, trading in the 15-16 range
NZD and AUD changed less than 0.1% against the USD, NZD trading at 0.6955 USD and 0.9280 AUD; geopolitical risks continue to be centre-stage, Yen the strongest performer as the VIX rises to its highest level since US Presidential election
12th Apr 17, 7:50am
NZD and AUD changed less than 0.1% against the USD, NZD trading at 0.6955 USD and 0.9280 AUD; geopolitical risks continue to be centre-stage, Yen the strongest performer as the VIX rises to its highest level since US Presidential election
German and US yields lower in a risk-off move triggered by the attack on Syria, US focus on North Korea and the French election; USD lower and NZD up against most crosses; local yields were up 3-6 bps yesterday, following global moves from the weekend
11th Apr 17, 8:09am
German and US yields lower in a risk-off move triggered by the attack on Syria, US focus on North Korea and the French election; USD lower and NZD up against most crosses; local yields were up 3-6 bps yesterday, following global moves from the weekend
Roger J Kerr says periods of escalated geo-political tensions generally translate into a stronger US dollar
10th Apr 17, 10:54am
Roger J Kerr says periods of escalated geo-political tensions generally translate into a stronger US dollar
NZD down to 0.6940 USD, local yields make fresh lows but expected to rise on market open; USD stronger and UST yields up as US unemployment rate falls to a lower-than-expected 4.5%; AUD lower as iron ore prices drop over 6% in one day, NZDAUD up to 0.9250
10th Apr 17, 8:17am
NZD down to 0.6940 USD, local yields make fresh lows but expected to rise on market open; USD stronger and UST yields up as US unemployment rate falls to a lower-than-expected 4.5%; AUD lower as iron ore prices drop over 6% in one day, NZDAUD up to 0.9250
NZDUSD traded a tight 30 point range and currently sits at 0.6970, NZDAUD up 0.4% to 0.9240; USD recovers some losses from the FOMC minutes which stated that the Fed may look to reduce the size of its balance sheet as securities mature later in the year
7th Apr 17, 8:11am
NZDUSD traded a tight 30 point range and currently sits at 0.6970, NZDAUD up 0.4% to 0.9240; USD recovers some losses from the FOMC minutes which stated that the Fed may look to reduce the size of its balance sheet as securities mature later in the year
USD rallied on strong payroll data but lost most of the gains after the release of FOMC minutes, this trend was reflected in the NZDUSD; AUD support by higher base metal prices has seen the NZD fall below the 0.92 AUD level
6th Apr 17, 8:11am
USD rallied on strong payroll data but lost most of the gains after the release of FOMC minutes, this trend was reflected in the NZDUSD; AUD support by higher base metal prices has seen the NZD fall below the 0.92 AUD level
NZDUSD trading at 0.6970, below the 0.70 level it was holding for the last few days, despite good QSBO and GDT numbers; AUD worst performer of the day, with NZDAUD trading at 0.9225
5th Apr 17, 7:54am
NZDUSD trading at 0.6970, below the 0.70 level it was holding for the last few days, despite good QSBO and GDT numbers; AUD worst performer of the day, with NZDAUD trading at 0.9225
NZD strongest amongst the underperforming commodity currencies, trading at the 0.70 USD level and above the 0.92 level against the AUD; US yields lower, with the curve flattening, local rates followed at the long end of the market
4th Apr 17, 8:00am
NZD strongest amongst the underperforming commodity currencies, trading at the 0.70 USD level and above the 0.92 level against the AUD; US yields lower, with the curve flattening, local rates followed at the long end of the market
Roger J Kerr says global currency markets will be heavily focused on the trade relationships between the US and China this week
3rd Apr 17, 9:50am
Roger J Kerr says global currency markets will be heavily focused on the trade relationships between the US and China this week
NZD closed the week just above 0.70 USD after testing the 0.6975 area on Friday, outperformed the AUD to end the week at 0.9185; local rates range bound, 2-yr swap flat, 10-yr up 1.5 bps
3rd Apr 17, 8:22am
NZD closed the week just above 0.70 USD after testing the 0.6975 area on Friday, outperformed the AUD to end the week at 0.9185; local rates range bound, 2-yr swap flat, 10-yr up 1.5 bps
NZD holds the 0.70 level against the mildly higher USD and is slightly lower against the AUD at the 0.9150 level; EUR under pressure as investors lose confidence in ECB changing accommodative policy, down from 1.09 USD to 1.07 USD in three days
31st Mar 17, 7:59am
NZD holds the 0.70 level against the mildly higher USD and is slightly lower against the AUD at the 0.9150 level; EUR under pressure as investors lose confidence in ECB changing accommodative policy, down from 1.09 USD to 1.07 USD in three days
NZD opens at 0.7030 USD after testing lows just below 0.7000, lower against the AUD at 0.9170; USD DXY up 0.3% on European currency weakness; UK triggered Article 50 and the Brexit process officially began last night
30th Mar 17, 8:36am
NZD opens at 0.7030 USD after testing lows just below 0.7000, lower against the AUD at 0.9170; USD DXY up 0.3% on European currency weakness; UK triggered Article 50 and the Brexit process officially began last night
USD was supported by firm data and Fed speak overnight, reversing the downward trend seen over the last two weeks, DXY up 0.6%; AUD pushed higher on strong oil and iron ore prices; NZD, as a result, down to 0.7020 USD and 0.9190 AUD
29th Mar 17, 8:28am
USD was supported by firm data and Fed speak overnight, reversing the downward trend seen over the last two weeks, DXY up 0.6%; AUD pushed higher on strong oil and iron ore prices; NZD, as a result, down to 0.7020 USD and 0.9190 AUD
NZDUSD traded a tight 30 point range to start the day at 0.7040; USD dollar index (DXY) continued its decline, dropping to the lowest level since November last year; EUR and GBP outperform
28th Mar 17, 8:33am
NZDUSD traded a tight 30 point range to start the day at 0.7040; USD dollar index (DXY) continued its decline, dropping to the lowest level since November last year; EUR and GBP outperform
Roger J Kerr sees the positives and negatives for the New Zealand currency as balanced
27th Mar 17, 9:21am
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Roger J Kerr sees the positives and negatives for the New Zealand currency as balanced
NZDUSD dipped below 0.7000 but recovered to end the week up 10 points at 0.7030; local swap rates unchanged, up 1 bps across the curve; Trump withdrew health bill to repeal Obamacare, market movements to the news were modest
27th Mar 17, 8:05am
NZDUSD dipped below 0.7000 but recovered to end the week up 10 points at 0.7030; local swap rates unchanged, up 1 bps across the curve; Trump withdrew health bill to repeal Obamacare, market movements to the news were modest
NZDUSD continued to trade in a tight range, 0.7025 - 0.7055, currently at 0.7040; NZDAUD up to 0.9220; local rate curve flattens; US markets await vote on Trump's health bill
24th Mar 17, 7:57am
NZDUSD continued to trade in a tight range, 0.7025 - 0.7055, currently at 0.7040; NZDAUD up to 0.9220; local rate curve flattens; US markets await vote on Trump's health bill
NZD trading at the top of yesterday's range, 0.7020 - 0.7070, prior to OCR review; AUD slips below 0.7700 USD on soft commodity prices, NZDAUD above 0.9200
23rd Mar 17, 8:01am
NZD trading at the top of yesterday's range, 0.7020 - 0.7070, prior to OCR review; AUD slips below 0.7700 USD on soft commodity prices, NZDAUD above 0.9200
NZD spiked to 0.7090 USD after GDT prices rose 1.7%, as opposed to a 3-5% expected fall, currently at 0.7050 USD and 0.9145 AUD; USD lower as post-election Trump rally unwinds, USD TWI down 0.5%; GBP up on stronger inflation data
22nd Mar 17, 8:02am
NZD spiked to 0.7090 USD after GDT prices rose 1.7%, as opposed to a 3-5% expected fall, currently at 0.7050 USD and 0.9145 AUD; USD lower as post-election Trump rally unwinds, USD TWI down 0.5%; GBP up on stronger inflation data