Yuan
NZD, AUD and CAD all down from the weekend close, with the NZD opening at 0.7320 USD; GBP 0.3% lower and EUR and JPY are flat; attention today turns to NZ CPI
18th Jul 17, 7:54am
NZD, AUD and CAD all down from the weekend close, with the NZD opening at 0.7320 USD; GBP 0.3% lower and EUR and JPY are flat; attention today turns to NZ CPI
US CPI was lower than expectations for the fourth consecutive month, USD majors index is down 0.7%, US rates recovered losses to close 1 bps lower; NZD made the smallest gain of all majors against the USD, up 0.4%; local rate curve steepened on Friday
17th Jul 17, 8:08am
US CPI was lower than expectations for the fourth consecutive month, USD majors index is down 0.7%, US rates recovered losses to close 1 bps lower; NZD made the smallest gain of all majors against the USD, up 0.4%; local rate curve steepened on Friday
NZD and AUD up to 0.7325 and 0.7730 USD respectively, both trading in a significant area of resistance; USD flat prior to inflation release tonight, which has missed the target in the last three releases; global yields up on news of potential ECB tapering
14th Jul 17, 8:05am
NZD and AUD up to 0.7325 and 0.7730 USD respectively, both trading in a significant area of resistance; USD flat prior to inflation release tonight, which has missed the target in the last three releases; global yields up on news of potential ECB tapering
NZD and AUD up about 0.6% after Janet Yellen's testimony, trading at 0.7265 and 0.7680 USD respectively; Fed may not need to raise rates much further to maintain supply and demand in the economy; CAD outperforms as BoC begins tightening cycle
13th Jul 17, 8:06am
NZD and AUD up about 0.6% after Janet Yellen's testimony, trading at 0.7265 and 0.7680 USD respectively; Fed may not need to raise rates much further to maintain supply and demand in the economy; CAD outperforms as BoC begins tightening cycle
Weak electronic card transactions and ANZ inflation gauge saw the NZD fall to 0.7202 USD prior to recovering to 0.7240 as the USD weakened; USD lower as emails suggest that Russian government helped Trump campaign; EURUSD rises to 14-month high
12th Jul 17, 7:41am
Weak electronic card transactions and ANZ inflation gauge saw the NZD fall to 0.7202 USD prior to recovering to 0.7240 as the USD weakened; USD lower as emails suggest that Russian government helped Trump campaign; EURUSD rises to 14-month high
NZD opens 0.7275 USD this morning, where all major currencies, except NOK, are with 0.1% of their Friday close; NOK was up 0.5% on higher than expected CPI
11th Jul 17, 7:54am
NZD opens 0.7275 USD this morning, where all major currencies, except NOK, are with 0.1% of their Friday close; NOK was up 0.5% on higher than expected CPI
NZD traded in a tight range apart from some volatility around the US payroll data, closing at 0.7280 USD; US payroll data stronger than expected, signalling robust economic growth; UK data weaker than expected, lowers rate hike expectations
10th Jul 17, 8:05am
NZD traded in a tight range apart from some volatility around the US payroll data, closing at 0.7280 USD; US payroll data stronger than expected, signalling robust economic growth; UK data weaker than expected, lowers rate hike expectations
Europe leads the global bond sell-off, which has also spilled over to the US markets, setting a risk-off tone; NZD and AUD at the bottom of the leaderboard; local rates lower yesterday but upside pressure expected on the open
7th Jul 17, 8:04am
Europe leads the global bond sell-off, which has also spilled over to the US markets, setting a risk-off tone; NZD and AUD at the bottom of the leaderboard; local rates lower yesterday but upside pressure expected on the open
NZD tested the 0.7260 USD level prior to rebounding as oil prices stabilised and is now trading at 0.7290 USD; NZDAUD at 0.9590 and could rise today if the Australian trade balance is below expectations
6th Jul 17, 8:27am
NZD tested the 0.7260 USD level prior to rebounding as oil prices stabilised and is now trading at 0.7290 USD; NZDAUD at 0.9590 and could rise today if the Australian trade balance is below expectations
Markets digested comments from the Riksbank, the ECB, BoC, and RBA over the past 24 hours; NZDUSD changed little from yesterday, still trading just under the 0.7300 level
5th Jul 17, 8:14am
Markets digested comments from the Riksbank, the ECB, BoC, and RBA over the past 24 hours; NZDUSD changed little from yesterday, still trading just under the 0.7300 level
NZD falls to around 0.7300 USD as USD recovers; USD major currency index up 0.5%; Yen continues to underperform; business surveys point to global economic recovery extending
4th Jul 17, 7:51am
NZD falls to around 0.7300 USD as USD recovers; USD major currency index up 0.5%; Yen continues to underperform; business surveys point to global economic recovery extending
NZD ended the week at 0.7330 USD on the back of a soft USD, up 0.5% for the day; Yen the was again one of the worst performing currencies; AUD up 1.6% for the week as iron ore prices rose 14.5%
3rd Jul 17, 7:58am
NZD ended the week at 0.7330 USD on the back of a soft USD, up 0.5% for the day; Yen the was again one of the worst performing currencies; AUD up 1.6% for the week as iron ore prices rose 14.5%
Less dovish comments from central banks are driving a global bond and equity sell-off, which is being led by Europe; NZD the worst performing currency, along with a soft USD, in a risk-off environment
30th Jun 17, 8:02am
Less dovish comments from central banks are driving a global bond and equity sell-off, which is being led by Europe; NZD the worst performing currency, along with a soft USD, in a risk-off environment
Central bankers outling a more positive tone and signalling removal of monetary accommodation, supported the CAD, EUR and GBP; NZD still trading around 0.7300 USD; AUD remains supported by commodity prices
29th Jun 17, 7:49am
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Central bankers outling a more positive tone and signalling removal of monetary accommodation, supported the CAD, EUR and GBP; NZD still trading around 0.7300 USD; AUD remains supported by commodity prices
NZDUSD continues to test the 0.7300 resistance level, now trading at 0.7280; US rates higer and curve steeper, this should translate to higher local rates today; EUR surges and German bonds rise on hawkish comments by Draghi, effects spill over to the GBP
28th Jun 17, 7:46am
NZDUSD continues to test the 0.7300 resistance level, now trading at 0.7280; US rates higer and curve steeper, this should translate to higher local rates today; EUR surges and German bonds rise on hawkish comments by Draghi, effects spill over to the GBP
Another quiet day for the markets, with most currency movements against the USD within 0.2% of the previous close; AUD and CAD up slightly as oil prices rise for the third consecutive day; Yen underperforms
27th Jun 17, 8:00am
Another quiet day for the markets, with most currency movements against the USD within 0.2% of the previous close; AUD and CAD up slightly as oil prices rise for the third consecutive day; Yen underperforms
All major currencies were up 0.3-0.4% against the USD, with NZD gaining 0.3% to trade at 0.7285 at last week's close; NZD largely flat against other majors but downside risk exists from speculative long positions being at highest levels in 4 years
26th Jun 17, 8:07am
All major currencies were up 0.3-0.4% against the USD, with NZD gaining 0.3% to trade at 0.7285 at last week's close; NZD largely flat against other majors but downside risk exists from speculative long positions being at highest levels in 4 years
NZD up 0.6% since RBNZ's OCR review, now trading at 0.7265 USD; US and local yields remain tightly range bound; CAD the best performer as oil prices find support and data releases exceed expectations
23rd Jun 17, 8:11am
NZD up 0.6% since RBNZ's OCR review, now trading at 0.7265 USD; US and local yields remain tightly range bound; CAD the best performer as oil prices find support and data releases exceed expectations
Commodity currencies marginally lower against the USD; NZD down against most majors; local rates had modest downwards pressure from previous day's US moves; GBP recovers some lost ground
22nd Jun 17, 8:20am
Commodity currencies marginally lower against the USD; NZD down against most majors; local rates had modest downwards pressure from previous day's US moves; GBP recovers some lost ground
NZDUSD is back hovering around the 0.7250 technical reistance level; local rate curve flattens; lower oil prices drag down US Treasury yields as inflation expectations lower; GBP lower on BoE Governor's speech
21st Jun 17, 8:26am
NZDUSD is back hovering around the 0.7250 technical reistance level; local rate curve flattens; lower oil prices drag down US Treasury yields as inflation expectations lower; GBP lower on BoE Governor's speech
NZD at day's low around 0.7230 USD after touching 0.7300 on an illiquid day; local rates biased upwards; USD up and UST higher across the curve on NY Fed's Dudley's speech, market remains sceptical that the Fed will raise rates this year
20th Jun 17, 8:05am
NZD at day's low around 0.7230 USD after touching 0.7300 on an illiquid day; local rates biased upwards; USD up and UST higher across the curve on NY Fed's Dudley's speech, market remains sceptical that the Fed will raise rates this year
NZDUSD gained 0.6% last week, RBNZ OCR review this week is expected to have little surprise; USD unwinds some post-FOMC gains and nudged lower on weaker than expected data
19th Jun 17, 8:06am
NZDUSD gained 0.6% last week, RBNZ OCR review this week is expected to have little surprise; USD unwinds some post-FOMC gains and nudged lower on weaker than expected data
NZD lower on weaker than expected GDP data and stronger USD; USD up as markets continue to digest FOMC statement; AUD well supported after employment data, currently at 0.7580 USD
16th Jun 17, 7:55am
NZD lower on weaker than expected GDP data and stronger USD; USD up as markets continue to digest FOMC statement; AUD well supported after employment data, currently at 0.7580 USD
NZD reached a high of 0.7318 USD before moving back down to 0.7255; GBP underperforms; CAD underperforms as oil prices fall to lowest level in a month
15th Jun 17, 8:23am
NZD reached a high of 0.7318 USD before moving back down to 0.7255; GBP underperforms; CAD underperforms as oil prices fall to lowest level in a month
NZD looking at the 0.7250 resistance level; GBP recovers and CAD continues to outperform; other majors quiet against the USD
14th Jun 17, 8:00am
NZD looking at the 0.7250 resistance level; GBP recovers and CAD continues to outperform; other majors quiet against the USD