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NZ Dollar Drops as Trade ...

The New Zealand dollar fell today as the trade balance surplus shrank last month more than was expected by market participant

posted by commodityblog 1 day 20 hours ago read more >>
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Collinson FX Market Comme ...

EU Leaders meet in Brussels to discuss subjects of weight and the dire state of the economic recession will dominate, with li

posted by LadyBroker 1 day 22 hours ago read more >>
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NZD/USD direction is bein ...

NZ-AU interest rate differentials also increased as markets ratcheted up RBA rate cut expectations again. As a result, the 'f

posted by vinia 2 days ago read more >>
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NZD/USD above 0.81 again ...

Today's NZ Trade balance at 22:45 GMT will be key risk event for the currency in this last trading day of the week in the reg

posted by romil 2 days ago read more >>
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Asian equity markets cop ...

*UK Q1 GDP was confirmed at 0.6%y/y. *The flash manufacturing PMI for the Euro Area rose 1.1 points to 47.8 in May (47.0 expe

posted by WiredDeal 2 days ago read more >>
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Aussie continues slide lo ...

FXstreet.com (Barcelona) - The Aussie is continuing to slide after during Asia trading after another weak economic data from

posted by fxhottie 3 days ago read more >>
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China May HSBC flash PMI ...

China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchas

posted by fxhottie 3 days ago read more >>
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FOMC will begin to taper ...

Tonight, investors will be looking towards the Flash PMIs for Europe and China for a timely update on the strength of global

posted by Alice 3 days ago read more >>
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Asian stocks mostly highe ...

Australia S&P/ASX 200 Index rose 0.1% despite a slack consumer confidence report out of the world's 12th-largest economy. Con

posted by likethewindmillsofanemptymind 4 days ago read more >>
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NZD/USD falls as traders ...

On Tuesday, the Reserve Bank of New Zealand earlier said that its inflation expectations ticked down to 2.1% in the first qua

posted by wizardfx 4 days ago read more >>
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NZD/USD Trade Idea – Buy on Dips at Key Support

posted by Avatar FXTimes 18 days ago in USD, NZD, Technical made popular 18 days ago

Flat, abc correction: The NZD/USD has turned flat since failing to push above 0.87 in April. The 4H chart shows the lower highs since then, although the lows have been in the 0.8350-0.8380 area. End-of-April, start-of-May price action have come d  read more
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NZD/USD finishes lower as consolidation on daily chart continues

posted by Avatar superpotato 19 days ago in NZD made popular 19 days ago

There will be a few economic releases out of New Zealand later in the week worth monitoring which include the RBNZ Financial Stability Report and Employment Change. From a technical perspective, the pair appears to be consolidating in a large 'pennant' ...  read more
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Kiwi holds near 3-year AUD high, may rise on bets of RBA rate cut

posted by Avatar Louis 19 days ago in AUD, NZD made popular 19 days ago

The New Zealand dollar held close to a 3-year high against the Australian dollar on expectations that country's weakening economy will spur its central bank to cut interest rates, increasing the gap with local rates which are tipped to rise. The kiwi ...  read more
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AUD/NZD sits above 1.20 ahead of RBA

posted by Avatar cane 19 days ago in NZD made popular 19 days ago

With Japanese markets again open for trade and ahead of a big day for Aussie, AUD/NZD still sits close to the fresh 3.5-year lows printed yesterday in early trade barely above the 1.20 handle, last at 1.2046, with both AUD ...  read more
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Incoming data from New Zealand this morning

posted by Avatar Orci 19 days ago in NZD made popular 19 days ago

The index measures traffic volumes as a proxy for GDP growth. Prior was -2.7%. At 2045GMT there's quarterly ... While the market will be looking at these releases, they are not likely to have a big impact on NZD today. There are employment figures due ...  read more
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AUD/NZD rose from 1.2027 to 1.2095 - FXstreet.com

posted by Avatar andy 20 days ago in NZD made popular 20 days ago

Their relative optimism is based on the assumptions, essentially, that lower bond yields in the periphery hold and there are no more major euro crises, assumptions we don't share and that have caused them to miss the recession in both 2012 and 2013.  read more
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Upbeat US non-farm payrolls data

posted by Avatar Evan 20 days ago in USD, EUR, GBP, AUD, NZD, Economic Indicators made popular 20 days ago

The NZD has so far proved relatively resilient to signs global growth has slowed in Q2. It seems the strength of the domestic economy, a rising terms of trade, and a juicy interest rate differential are supporting the currency and preventing large ...  read more
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"Clouds gathering around the Aussie dollar"

posted by Avatar Reno 20 days ago in USD, EUR, AUD, NZD, Commodities, Economic Indicators made popular 20 days ago

Since the start of 2013 New Zealand's export commodity prices have zoomed up, whereas Australia's metal and mining commodity prices have traded lower as Chinese economic data has come out below expectations. Global investors and currency ... the ...  read more
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Small investors cautious in MRP float - Money - MSN New Zealand

posted by Avatar dotcom 22 days ago in NZD made popular 22 days ago

"This is not panning out the way the government envisaged and may spook their confidence for future asset sales although reports from The Wall Street Journal suggest the Treasury has called for investment banks to tender for leading roles in the ...  read more
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Aussie edging higher during Asia trade, resistance at 1.0290 in focus

posted by Avatar yosoybeloved 23 days ago in AUD, NZD made popular 23 days ago

Economic data in the session has been quiet, with the AUD PPI Index coming in at 0.3% actual vs. 0.2% estimate. Also, China Non-Manufacturing PMI was ... According to Mike Jones, Currency Strategist at BNZ, While we do believe incoming Australian ...  read more
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Session Recap: Asian markets muted ahead of NFP; Copper breaks higher

posted by Avatar Maher 23 days ago in NZD, Commodities made popular 23 days ago

With Japan closed again for holiday and markets awaiting US NFP later on at 12:30 GMT, Asia-Pacific session went on very quietly. USD index eased a very small margin on slightly AUD, NZD and EUR strength. EUR/USD printed ...  read more
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Australia-NZ defending against foot and mouth disease

posted by Avatar Jmario 23 days ago in NZD made popular 23 days ago

Australian Minister for Agriculture, Fisheries and Forestry, Senator Joe Ludwig, and New Zealand's Minister for Primary Industries Nathan Guy, have announced the two countries will work more closely together focusing combined defences against the ...  read more