Currency
Consolidation point for Kiwi
After falling steadily for most of the week, the NZD/USD spent the overnight session consolidating in a relatively tight 0.7630-0.7680 rang, said Mike Jones markets strategist at BNZ
Time to reflect on a volatile week
No Antipodean data today should see some reflection on the recent volatility, says David Croy, head of market research NZ at ANZ. Headlines will be the main driver of further moves. ...
NZ Dollar Underperforming
The NZD has been the weakest performing currency over the past 24 hours, says BNZ market strategist Mike Jones. ...Kiwi Dollar Hits US$0.76
The NZD has largely been driven by developments offshore, with today’s local data expected to have minimal impact, says Con Williams, agri-economist at ANZ. ...Kiwi skids below US$0.77
The NZD continues to suffer from a toxic mix of global risk aversion and weakening domestic fundamentals, says BNZ markets strategist Mike Jones. Early this morning the NZD/USD skidded to fresh lows for the year below 0.7700. ...Euro in for a mauling
The EUR bears are in full swing, says ANZ strategist Carrick Lucas. Bottom side pressure remains for the NZD with the Eurozone now hanging on another Greece election. ...Rates lower for longer, in an elevated NZD world
[PREMIUM] Despite depreciating recently, the NZD remains historically high and continues to frustrate the RBNZ, says Luke Hartigan, Economist (New Zealand and Australia) HSBC Global Research ...Kiwi stumbling southwards
The NZD continued to stumble southwards overnight. However, the pace of NZD selling eased through the session as the EUR finally picked up the baton of weakest performing currency., says Mike Jones, markets strategist at BNZ. ...Focus on Aussie RBA policy
It seems hard to see a turn in sentiment today, says ANZ economuist Mark Smith. The Local markets will focus on the AU Monetary policy Minutes as the only data of note today. ...Negative events weighing on NZD
The NZD continued to slide last week, as risk aversion and nervousness about the global backdrop took hold, denting sentiment towards ‘growth-sensitive’ currencies, says Mike Jones, market strategist at BNZ. ...
Log in
Latest Articles
Solid Year for Contact Energy
Despite the effect of hydro volumes, Contact Energy has reported a solid performance with outlook improving ...
- Pole position for Hulme offer (1)
- Market Report 26.04.2010 (1)
- Westpac Posts $1.6bn 1Q profit (0)
- FBU profit down 10% (0)
- GPG raises offer (0)
- Reduction in interest costs lifts profit for SKC (0)
- US$7m first half loss for NZS (0)
- Volatile conditions impact refinery (0)
- Westfield loss an improvement (0)
- Ecoya plans IPO (0)
