HiFX - Latest News [Page 13]
HiFX Morning Update, April 26 2018
Thursday, 26 April 2018, 9:11 am | HiFX
The NZD is the worst performer of the G10 currencies in the past 24 hours as the USD continues to strengthen. The NZDUSD fell to a low of 0.7058, a level not seen since January 1st this year. The sharp rise in the USD over the last 10 days has ... More >>
HiFX Morning Update, April 24, 2018
Tuesday, 24 April 2018, 8:43 am | HiFX
The NZDUSD opens at 0.7148 (mid-rate) this morning. Commodity currencies including the NZD have declined amid broad USD strength on the back of rising US bond yields. The 10-Year US Treasury note threatened to break through 3% overnight topping out ... More >>
HiFX Morning Update, April 23, 2018
Monday, 23 April 2018, 9:21 am | HiFX
The NZDUSD opens at 0.7215 (mid-rate) this morning. The USD outperformed on Friday as US treasuries extended their move to the downside. Yield on the benchmark ten-year note, which moves opposite of its price, rose by 3.7 basis points to 2.951% on Friday ... More >>
HiFX Morning Update, April 20, 2018
Friday, 20 April 2018, 8:29 am | HiFX
The NZDUSD opens at 0.7268 (mid-rate) this morning. A combination of broad USD strength along with a pull pack in our annualised inflation has seen the NZD underperform overnight. The GBP is the worst performing of the G10 currencies with weaker than ... More >>
NZ Q1 CPI Release
Thursday, 19 April 2018, 11:57 am | HiFX
The NZ Consumer Price Index (CPI) for Q1 has just been released. The CPI came in slightly ahead of expectations. Headline Q1 CPI +0.5% / +1.1% Consensus +0.4% / +1.1% There were no revisions to prior period numbers. The NZD has edged higher in immediate ... More >>
HiFX Morning Update, April 19, 2018
Thursday, 19 April 2018, 8:11 am | HiFX
The NZDUSD opens at 0.7321 (mid-rate) this morning. All eyes this morning will be our Q1 inflation report due to hit the tapes at 10:45am. Markets are forecasting for inflation to rise 0.4% up from 0.1% in Q4. More importantly the annualised rate ... More >>
HiFX Morning Update, April 18, 2018
Wednesday, 18 April 2018, 8:25 am | HiFX
The NZDUSD opens at 0.7342 (mid-rate) this morning. Global equity markets are trending upwards with sentiment improving as tensions in Syria abate, but there has been little reaction in currency markets which continue to trade sideways. The USD has made small ... More >>
HiFX Morning Update, April 17, 2018
Tuesday, 17 April 2018, 8:43 am | HiFX
The NZDUSD opens at 0.7345 (mid-rate) this morning. A rebound in US retail sales in March has seen US equity markets push higher but has had little effect on the currency. Following on from three consecutive monthly declines the US Commerce Department ... More >>
HiFX Morning Update: NZDUSD opens at 0.7358
Monday, 16 April 2018, 9:11 am | HiFX
The NZDUSD opens at 0.7358 (mid-rate) this morning. Markets were subdued on Friday with an absence of tier one economic data and growing concerns over the situation in Syria keeping investors on the side lines. Markets were closed, and have so far ... More >>
HiFX Morning Update, April 13, 2018
Friday, 13 April 2018, 8:46 am | HiFX
The NZDUSD opens at 0.7381 (mid-rate) this morning. The Kiwi marched higher overnight against all the major currencies except the GBP, as tensions around Syria eased, and risk appetite improved. The NZDUSD has traded a 121 point or 1.66% range this ... More >>
HiFX Morning Update, March 12, 2018
Thursday, 12 April 2018, 10:53 am | HiFX
The NZDUSD opens at 0.7358 (mid-rate) this morning. Geopolitical tensions in the Middle East have capped risk appetite and helped push up oil prices to new 3-year highs. Comments from President Trump saying that the US would respond to the provocation ... More >>
HiFX Morning Update, April 11, 2018
Wednesday, 11 April 2018, 9:38 am | HiFX
The NZDUSD opens at 0.7373 (mid-rate) this morning. Risk appetite improves as trade war concerns ease following comments from Chinese president Xi Jinping. Late yesterday afternoon Chinese president Xi Jinping promised to open China’s economy further ... More >>
HiFX Morning Update, April 10, 2018
Tuesday, 10 April 2018, 9:17 am | HiFX
The NZDUSD opens at 0.7308 (mid-rate) this morning. The NZD is the strongest performing of the G10 currencies, pushing back above 73 US cents. The USD remains under pressure on the back of ongoing China US trade tensions and Friday’s disappointing non-farm-payroll ... More >>
HiFX Morning Update, April 9, 2018
Monday, 9 April 2018, 8:43 am | HiFX
The NZDUSD opens at 0.7265 (mid-rate) this morning. Trade war concerns were once again front and centre on Friday prompting another sell-off in US equity markets as investors loaded up on safe-havens. The sell-off came after Donald Trump declared ... More >>
HiFX Morning Update, April 6 2018
Friday, 6 April 2018, 8:45 am | HiFX
The NZDUSD opens at 0.7266 (mid-rate) this morning. The NZD is the worst performer of the G10 currencies overnight as global markets rallied strongly assisting the USD strength on optimism for US-China trade negotiations. A short week - only 3 days ... More >>
HiFX Morning Update, April 5 2018
Thursday, 5 April 2018, 8:20 am | HiFX
The NZDUSD opens at 0.7308 (mid-rate) this morning. The NZD has been the strongest performing of the G10 currencies, following a volatile nights trading as the US and China trade war escalated. Late yesterday afternoon and in retaliation to Trump’s ... More >>
HiFX Morning Update, April 4 2018
Wednesday, 4 April 2018, 9:13 am | HiFX
The NZDUSD opens at 0.7249 (mid-rate) this morning. A fourth consecutive decrease to the GDT index has had little effect on the NZD. This morning’s auction saw the overall index fall 0.6% with a total 17,222MT selling under the hammer. The EUR is ... More >>
HiFX Morning Update, April 3 2018
Tuesday, 3 April 2018, 8:40 am | HiFX
The NZDUSD opens at 0.7214 (mid-rate) this morning. The Japanese Yen along with the Swiss Franc are both trading higher as investors flock to safe-havens following the news that China is imposing tariffs on 128 imported goods originating in the U.S. ... More >>
HiFX Morning Update, March 28 2018
Wednesday, 28 March 2018, 9:02 am | HiFX
The NZDUSD opens at 0.7274 (mid-rate) this morning. The Kiwi tested new week highs overnight versus the USD but has given up those gains, and in the case of both the USD and Canadian dollar, are lower than this time yesterday. Global equities continued ... More >>
HiFX Morning Update, March 27 2018
Tuesday, 27 March 2018, 8:36 am | HiFX
The NZDUSD opens at 0.7297 (mid-rate) this morning. The NZD is trading higher against all its rivals with risk appetite returning after news broke that the US and China have engaged in talks for refining access of US goods to China. US Treasury Secretary ... More >>