NZ Dollar at Record vs. Euro as US Employers Add Jobs
The New Zealand dollar climbed today, reaching the all-time high versus the euro, after positive employment data from the United States bolstered risk appetite among Forex traders, making them prefer higher-yielding currencies.
When Will The Kiwi's Remarkable Run End? Now.
By DailyFX 02/03/12 - 07:46 PM EST By Christopher Vecchio, Currency Analyst The New Zealand Dollar posted another strong week, gaining 1.31 percent against the US Dollar, topping all of the major currencies covered by DailyFX in the process.
Canadian Dollar Drops From Parity as January Job Growth Misses Forecast
I don't think the Canadian dollar will weaken off that much. The strength we've seen in the Canadian dollar has been pretty much related to US dollar weakness. The currency depreciated 0.2 percent to C$1.0016 per US dollar at 7:10 am in Toronto.
Portugal Bond-Market Rout Overstates Greek Likeness: Euro Credit
Enlarge image Portugal Bond-Market Rout Overstates Greek Likeness Portugal Bond-Market Rout Overstates Greek Likeness Mario Proenca/Bloomberg Portugal followed Greece and Ireland in seeking an international bailout last year as the euro-region crisis ...
Estonians Keep Faith in Euro a Year After Switch
Today, Estonia's economy is the fastest-growing in the currency bloc, consumers and businesses are paying lower interest rates, and business ties with Finland, a euro-member state and Estonia's main trading partner, are tighter than ever, ...
NZD/USD off 5-month high pre-Tokyo open
NZD/USD is momentarily under-performing the rest of dollar bloc currencies in Asia, as traders take profits off the table following the print of a new 5-month high at 0.8367 during the overlap in US/Europe.
Flash: NZD/USD may target 0.8380 in Asia - ANZ
NZD/USD may target 0.8380 through Asian trading after a subdued American session, ANZ senior dealer Alex Sinton said in a note. "Supply issues for buyers are accentuating the moves as underlying demand remains unsatisfied at ...
Daily Summary on USD, EUR, GBP, JPY, AUD, CAD and NZD
v JPY remains within 1% of its all-time high against the USD after the Fed pledged to keep interest rates low through 2014 making the reduced cost of Japanese assets increasingly attractive. The USD consolidated towards the lower end of its recent ...
Euro-Region Producer-Price Inflation Slows as Growth Weakens
The European Central Bank cut its benchmark interest rate a second time in two months and President Mario Draghi said on Jan. 12 that risks to the inflation outlook are broadly balanced. Inflation will resume its decline in the coming months, said ...
NZD/USD Forecast February 2, 2012, Technical Analysis
NZD/USD rose above the range from the previous session on Wednesday, showing real momentum to the upside now. The Tuesday candle was similar to a shooting star, and the breaking of the upper part of the range showed that fresh capital was being d
NZD/USD Fundamental Analysis Feb 2, 2012 Forecast
Economic Events: (GMT)00:30 AUD Building Approvals (MoM) 2.1% 8.4%
Building Approvals (also known as Building Permits) measures the change in the number of new building
Opinion: The European and global funding market woes heighten the appeal of ...
With NZ inflation expectations stubbornly high after the 2010 GST increase, the RBNZ had made clear that this was a temporary setting to be removed as soon as these threats had passed. Moving into 2012, the release of the Q4 CPI outturn (Chart 1) has ...


