NOK
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
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
Oil majors thrashed with oversupply and softening demand; EU labour markets improve; NZD recovers quickly after less-than-expected GDT fall
3rd Feb 16, 7:51am
Oil majors thrashed with oversupply and softening demand; EU labour markets improve; NZD recovers quickly after less-than-expected GDT fall
Citigroup's economic surprise index falls to 8-month low as US data fails to excite; Chinese PMI falls to lowest level since August 2012; portfolio flows rather than fundamentals sends NZD higher
2nd Feb 16, 8:12am
Citigroup's economic surprise index falls to 8-month low as US data fails to excite; Chinese PMI falls to lowest level since August 2012; portfolio flows rather than fundamentals sends NZD higher
Japan rate move causes odd currency reactions. Low US growth data hid some positive consumer drivers at work. Markets liked both events. Stocks and oil rose
1st Feb 16, 8:11am
Japan rate move causes odd currency reactions. Low US growth data hid some positive consumer drivers at work. Markets liked both events. Stocks and oil rose
US durable goods orders and pending home sales were weak; Euro-area confidence indicators underwhelmed; dovish tone to part of RBNZ's statement; Fonterra forecast milk price slashed again
29th Jan 16, 8:05am
US durable goods orders and pending home sales were weak; Euro-area confidence indicators underwhelmed; dovish tone to part of RBNZ's statement; Fonterra forecast milk price slashed again
Commodity currencies gain but Fed and RBNZ will set tone and determine whether the rally can be sustained
28th Jan 16, 7:49am
Commodity currencies gain but Fed and RBNZ will set tone and determine whether the rally can be sustained
Strong rebound in oil prices on producer cooperation talk and uptick in US consumer confidence. Fitch changes NZ outlook to 'stable'
27th Jan 16, 8:10am
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Strong rebound in oil prices on producer cooperation talk and uptick in US consumer confidence. Fitch changes NZ outlook to 'stable'
Market expectations for ECB and BoJ to ease monetary policy further helping oil price rebound; highest correlation between oil and equity prices in 26 years; safe haven currencies top performers overnight
26th Jan 16, 8:20am
Market expectations for ECB and BoJ to ease monetary policy further helping oil price rebound; highest correlation between oil and equity prices in 26 years; safe haven currencies top performers overnight
ECB's Draghi says there are no limits to achieving price stability; oil price rebounds strongly from oversold territory; NZD up over 1% against USD & 1.8% against Yen
22nd Jan 16, 8:13am
ECB's Draghi says there are no limits to achieving price stability; oil price rebounds strongly from oversold territory; NZD up over 1% against USD & 1.8% against Yen
Excess supply main driver behind continued weakness in oil price; carnage across equity markets on open; AUD & NZD out of favour as market moves to risk off mode
21st Jan 16, 8:01am
Excess supply main driver behind continued weakness in oil price; carnage across equity markets on open; AUD & NZD out of favour as market moves to risk off mode
China's GDP a smidge below forecasts but traders wanted excuse to sell assets; improved mood overnight has NZD, equities and commodities up; Fonterra auction better than expected
20th Jan 16, 8:14am
China's GDP a smidge below forecasts but traders wanted excuse to sell assets; improved mood overnight has NZD, equities and commodities up; Fonterra auction better than expected