Aussie Rises to Record on Rate Outlook; Kiwi Falls Versus Yen
The New Zealand dollar fell against the yen after Reserve Bank Governor Alan Bollard left interest rates at a record low and called the currency's recent advance unwelcome. What we're looking at right now is the Fed most likely being the last major ...
Asia Session: Euro Blasts Off Before Holiday Weekend...
As expected, AUD/JPY and NZD/JPY followed the lead and saw gains to 86.80 and 66.30 respectively. The Euro was also a big mover against the yen, pushing from 114.90 to 115.70 while the GBP/JPY was more subtle, rising slightly in a 132.90 to 133.30 ...
The Kiwi continues its upside movement versus the Greenback
On the other hand, the Australian dollars strengthened versus its US counterpart after the Federal Reserve signaled interest rates will remain near zero to stimulate economic growth. The Australian dollar continues its incline against the greenback, ...
EU Morning Report- Reserve Bank of New Zealand keeps interest rates on hold
The Australian dollar remains firm against the dollar as higher inflation data may indicate a interest rate hike. Against the greenback, the Aussie is trading near a 28-year high at 1.1079 and the pair was last trading at 1.1038. ...
Dollar jumps against commodity currencies
The AUD/USD fell more 60 pips in the last hour after being unable to hold above 0.9900, reaching a fresh low at 0.9801. The pair remains near daily lows and has erased yesterday's gains. The Kiwi extended its decline versus the US Dollar and tumbled to ...
US ADP private payrolls rise 157k in June
As the partial data come together, GDP growth in Q2 is shaping up at a meagre 0.1-0.2%, after essentially AUD/USD and NZD/USD outlook next 24 hours: There is no local economic data of note, so that positive sentiment should carry through until ...
NZD/USD Daily Asia Outlook 07/18
(Dow Jones via #eFXnews.com)NZD/USD - to consolidate with positive bias. Supported by higher-than-expected NZ 2Q CPI of +1.0% (vs +0.8% forecast), positive global risk sentiment, firmer commodity prices, Kiwi demand on
What’s Happening With Currencies – November 22, 2011
Results are mixed on the day with the major currencies only slightly higher against the US dollar in the New York session. Although there are some economic data points on the schedule, it seems that further concerns over Europe’s indecisiveness
U.K. Unemployment Rises to Highest Rate in 16 Years as Euro Damps Outlook
UK unemployment rose to the highest in 16 years in the quarter through November, deepening concerns Britain is heading for another recession as turmoil in the euro area damps the global economic outlook. The unemployment rate based on International ...
NZD/USD down in Asian trade
Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.06% to hit 1.2669 and EUR/NZD falling 0.03% to hit 1.6936. Forexpros offers a diverse set of professional tools for Forex, Futures and CFDs. ...
NZD Goes Up on EFSF Intervention Guideline
The ever-shifting mood among Forex market participants, caused by the uncertain prospects for a resolution of the European struggle with debt, translates into violent swings and an unpredictable behavior of currencies. The behavior of the New Zea
Our Underground Economy Cost $7 Billion
According to recent research conducted by the international tax activist group Tax Justice Network, New Zealand has an underground economy worth approximately NZD 20 billion per year. The extent of this shadow economy ranks New Zealand as the 51st most ...


