US$
Commodity prices pull back; softer China trade balance dampens market sentiment back; challenge for RBNZ will be to sound sufficiently dovish to prevent a knee-jerk bounce in NZD
9th Mar 16, 8:12am
Commodity prices pull back; softer China trade balance dampens market sentiment back; challenge for RBNZ will be to sound sufficiently dovish to prevent a knee-jerk bounce in NZD
Oil futures up 3% overnight, ‘oil-linked’ CAD and NOK follow suit; Brexit could see NZD/GBP back at 0.5000; decline in China's FX reserves slows; AUD/USD up 1% from lows
8th Mar 16, 8:14am
Oil futures up 3% overnight, ‘oil-linked’ CAD and NOK follow suit; Brexit could see NZD/GBP back at 0.5000; decline in China's FX reserves slows; AUD/USD up 1% from lows
US payrolls report a 'goldilocks' print, non-farm payrolls beats expectations; both NZD and AUD stronger against USD as oil price rises again; China growth target set at 6.5% - 7%
7th Mar 16, 8:41am
US payrolls report a 'goldilocks' print, non-farm payrolls beats expectations; both NZD and AUD stronger against USD as oil price rises again; China growth target set at 6.5% - 7%
Trader positioning driving NZD; US non-farm payroll data to determine direction of NZD in short-term; AUD continues strong run; GBP rallying from oversold territory
4th Mar 16, 8:10am
Trader positioning driving NZD; US non-farm payroll data to determine direction of NZD in short-term; AUD continues strong run; GBP rallying from oversold territory
Australian Q4 growth handily beats market expectations, boosting AUD. Fair-value reassessments see NZD fall and it may fall further
3rd Mar 16, 7:53am
Australian Q4 growth handily beats market expectations, boosting AUD. Fair-value reassessments see NZD fall and it may fall further
Bottom in US manufacturing reached; risk back on the table as equities rise and Yen weakens; China PMI data continues to disappoint; RBA statement fails to move AUD
2nd Mar 16, 8:07am
Bottom in US manufacturing reached; risk back on the table as equities rise and Yen weakens; China PMI data continues to disappoint; RBA statement fails to move AUD
Eurozone CPI falls to fresh lows; EUR suffering spill-over effect from GBP weakness and expectations of additional ECB stimulus; expectations of further rate cuts by RBNZ fuelled by weaker data
1st Mar 16, 8:10am
Eurozone CPI falls to fresh lows; EUR suffering spill-over effect from GBP weakness and expectations of additional ECB stimulus; expectations of further rate cuts by RBNZ fuelled by weaker data
The NZD tries to escape its tight range with a bid higher, but stop loss triggers put it back in the cage. Strong US data a backdrop to an impotent G20 meeting
29th Feb 16, 7:56am
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The NZD tries to escape its tight range with a bid higher, but stop loss triggers put it back in the cage. Strong US data a backdrop to an impotent G20 meeting
GBP bounce could be temporary event; market ignores 6% drop in China's stockmarket; US durable goods orders data challenges view of slumping manufacturing sector due to strong USD
26th Feb 16, 8:07am
GBP bounce could be temporary event; market ignores 6% drop in China's stockmarket; US durable goods orders data challenges view of slumping manufacturing sector due to strong USD
Oil prices continue to decline, inefficient & uneconomic oil producers will have to get out; weak economic data contributing to risk-off tone; relentless selling of GBP
25th Feb 16, 8:00am
Oil prices continue to decline, inefficient & uneconomic oil producers will have to get out; weak economic data contributing to risk-off tone; relentless selling of GBP
Oil price down as hopes fade for coordinated policy effect on supply; GBP continues to be hit on Brexit concerns; NZD weakens to 200 day moving average as risk-off mood prevails
24th Feb 16, 8:28am
Oil price down as hopes fade for coordinated policy effect on supply; GBP continues to be hit on Brexit concerns; NZD weakens to 200 day moving average as risk-off mood prevails
Next technical level for NZD/USD is 69c; GBP/USD plunged to a 7-year low; oil production freeze deal still alive; risk on environment as oil prices & equity markets rise strongly
23rd Feb 16, 8:25am
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Next technical level for NZD/USD is 69c; GBP/USD plunged to a 7-year low; oil production freeze deal still alive; risk on environment as oil prices & equity markets rise strongly
EU worries that negative interest rates undermine bank stability; US inflation up; Yen strong; UK split on June Brexit vote; commodity currencies weaker
22nd Feb 16, 7:56am
EU worries that negative interest rates undermine bank stability; US inflation up; Yen strong; UK split on June Brexit vote; commodity currencies weaker
ECB discusses pre-emptive moves to counter downside risks; GBP will remain vulnerable to renewed ‘Brexit’ fears; cyclical low for NZD/USD seen around 60c
19th Feb 16, 8:21am
ECB discusses pre-emptive moves to counter downside risks; GBP will remain vulnerable to renewed ‘Brexit’ fears; cyclical low for NZD/USD seen around 60c
WTI oil price up over 6%; NZ specific commodity price movement will have more influence on NZD; cyclical trough in NZD/USD not seen yet; volatile night for GBP on rising unemployment
18th Feb 16, 8:01am
WTI oil price up over 6%; NZ specific commodity price movement will have more influence on NZD; cyclical trough in NZD/USD not seen yet; volatile night for GBP on rising unemployment
NZD hit by RBNZ inflation expectations survey; dairy auction prices down again; USD rallies, equity markets rise strongly, credit spreads close
17th Feb 16, 8:19am
NZD hit by RBNZ inflation expectations survey; dairy auction prices down again; USD rallies, equity markets rise strongly, credit spreads close
Markets settle, credit spreads narrow and oil moves modestly higher; risky currencies climb while JPY and EUR underperform
16th Feb 16, 8:22am
Markets settle, credit spreads narrow and oil moves modestly higher; risky currencies climb while JPY and EUR underperform
Better-than-expected US retail, and bounce in the oil price buoys the USD. AUD also strengthens. These combined to press the NZD lower
15th Feb 16, 8:15am
Better-than-expected US retail, and bounce in the oil price buoys the USD. AUD also strengthens. These combined to press the NZD lower
US & European financial stocks fall heavily, credit spreads widen; eye catching JPY outperformance; battered global risk appetite not impacting NZD or AUD as much as others
12th Feb 16, 8:15am
US & European financial stocks fall heavily, credit spreads widen; eye catching JPY outperformance; battered global risk appetite not impacting NZD or AUD as much as others
Yellen does not close door on future rate hikes; volatility in GBP after disappointing industrial production numbers; AUD and NZD holding their own against USD
11th Feb 16, 8:20am
Yellen does not close door on future rate hikes; volatility in GBP after disappointing industrial production numbers; AUD and NZD holding their own against USD
HiFX's Dan Bell expects a 'very volatile year on all fronts' with RBNZ reluctance to cut the OCR propping the Kiwi dollar up
10th Feb 16, 1:55pm
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HiFX's Dan Bell expects a 'very volatile year on all fronts' with RBNZ reluctance to cut the OCR propping the Kiwi dollar up
Swiss franc and Japanese yen find favour as safe haven currencies. NZD rises. Markets await Yellen guidance as risk shunned
10th Feb 16, 7:54am
Swiss franc and Japanese yen find favour as safe haven currencies. NZD rises. Markets await Yellen guidance as risk shunned
Risk-sensitive assets under pressure reflecting concerns for credit quality, corporate earnings outlook and cyclical growth; NZD/USD resistance around 67c, support at 65c
9th Feb 16, 8:16am
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Risk-sensitive assets under pressure reflecting concerns for credit quality, corporate earnings outlook and cyclical growth; NZD/USD resistance around 67c, support at 65c
Expectations of Fed rate hike ease on economic outlook; ECB & BoJ fail to talk down their currencies; USD weak across the board, NZD/USD over 67c
5th Feb 16, 8:27am
Expectations of Fed rate hike ease on economic outlook; ECB & BoJ fail to talk down their currencies; USD weak across the board, NZD/USD over 67c
USD weaker as NY Fed chief notes tighter conditions. NZD gains on both jobless rate fall and Wheeler comments. Global equities weaker while commodities gain
4th Feb 16, 8:10am
USD weaker as NY Fed chief notes tighter conditions. NZD gains on both jobless rate fall and Wheeler comments. Global equities weaker while commodities gain