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Australian, N.Z. Dollars Gain as Fed May Delay Raising Rates

posted by MarcB 2 days ago in USD, AUD, NZD made popular 2 days ago

The Australian and New Zealand dollars rose on speculation the Federal Reserve will delay raising interest rates, maintaining the South Pacific nations' yield advantage over the U.S.  read more

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Kiwi will keep on falling: experts

posted by warrenbuffet 5 days ago in NZD, Fundamental, Special made popular 5 days ago

The New Zealand dollar closed below US70c for the first time in 11 months last night and with more Reserve Bank rate cuts on the way there is little to stop it falling further, currency watchers say.  read more

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Recession shows its face - NZ retail sales fall

posted by warrenbuffet 5 days ago in NZD, Fundamental, Retail Sales made popular 5 days ago

Retail sales fell a seasonally and inflation-adjusted 1.5 per cent in the June quarter, providing further strong indications that New Zealand is in a recession.  read more

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Australian, N.Z. Dollars Strengthen as Commodity Prices rise

posted by MarcB 6 days ago in AUD, NZD, Gold made popular 6 days ago

The Australian and New Zealand dollars gained as prices of the commodities the two nations export increased and technical charts showed the currencies' recent losses have been overdone.  read more

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Australian Dollar Trades Near Four-Month Low

posted by MarcB 14 days ago in AUD, NZD made popular 14 days ago

The Australian dollar traded near the lowest in four months as the yield advantage of the nation's two- year government bonds over U.S. Treasuries shrank to the least this year. The New Zealand dollar gained.  read more

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Australian Dollar May Fall to NZ$1.24, Standard Chartered Sa

posted by JayP 16 days ago in AUD, NZD, Technical made popular 15 days ago

The Australian dollar may fall against the New Zealand currency to as low as NZ$1.24 after failing to sustain gains above so-called resistance at NZ$1.2880, according to Standard Chartered Plc.  read more

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Australian, N.Z. Dollars Gain as Charts Signal Losses Excess

posted by pippinallnite 16 days ago in AUD, NZD, Technical made popular 16 days ago

The Australian dollar rose from a three-month low and the New Zealand dollar climbed from near the weakest in 10 months as technical charts signaled the more than 2 percent loss in the currencies of the past week was excessive.  read more

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News and views on the NZD, AUD, and USD

posted by gonepippin 21 days ago in AUD, NZD, Daily made popular 19 days ago

The USD remained bid in the overnight session on a lower gold price (5 week lows), then announcement of changes to securities loan programs from the
Fed, ECB and SNB, and then a continued equity bounce.  read more