HiFX - Latest News [Page 20]
HiFX Morning Update, September 22, 2017
Friday, 22 September 2017, 9:28 am | HiFX
The NZDUSD opens at 0.7312 (mid-rate) this morning. Commodity linked currencies including the NZD have underperformed over the past 24hrs with the AUD suffering the sharpest fall on a combination of falling metal prices and confirmation from ... More >>
HiFX Data Update - NZ Q2 GDP Release
Thursday, 21 September 2017, 11:11 am | HiFX
The NZ GDP for Q2 has just been released. The GDP for Q2 came on market expectations: Adjusted GDP Q2/ Annual: GDP +0.8% / +2.5% Consensus +0.8% / +2.5% NZ GDP over the last 12 months was +2.7% (consensus was +2.8%). Q1 GDP was revised higher to +0.6%, ... More >>
HiFX Morning Update, September 21 2017
Thursday, 21 September 2017, 9:07 am | HiFX
The NZDUSD opens at 0.7351 (mid-rate) this morning. This morning the Federal Reserve delivered on its promise to reduce its $4.5 trillion portfolio by allowing $10B in bonds to mature in October, without replacing them. The Fed’s portfolio with includes ... More >>
HiFX Data Update - NZ Q2 Current Account Release
Wednesday, 20 September 2017, 11:08 am | HiFX
The NZ Current Account Balance for Q2 2017 has just been released. The Current Account Deficit was better than expected (smaller deficit): Current Account Balance Q2 $618 mio Deficit (Consensus $870 mio Deficit) Current Account Balance (seasonally adjusted) ... More >>
HiFX Morning Update, September 20 2017
Wednesday, 20 September 2017, 9:33 am | HiFX
The NZDUSD opens at 0.7318 (mid-rate) this morning. A second consecutive increase in dairy prices at this morning’s auction has helped the NZD outperform all its rivals. Following on from an increase of 0.3% at the 5th Sep auction this morning’s ... More >>
HiFX Morning Update September 18, 2017
Monday, 18 September 2017, 9:17 am | HiFX
The NZDUSD opens at 0.7282 (mid-rate) this morning. Disappointing US economic data releases has seen the USD slump against all its rivals, with the GBP once again the strongest performer as investors continue to price in an expected interest rate hike ... More >>
HiFX Morning Update September 15, 2017
Friday, 15 September 2017, 8:51 am | HiFX
The Kiwi is the worst performing currency of the G10 currencies overnight with the bigger mover being the Great British Pound which strengthened 1.8% against the NZD. More >>
HiFX Morning Update September 13, 2017
Wednesday, 13 September 2017, 9:10 am | HiFX
The Kiwi was stronger than its major competitors except the GBP after a myriad of positive UK data releases overnight. The U.K. Consumer Prices Index including owner occupiers’ housing costs 12 month inflation rate was 2.7% in August 2017, up from ... More >>
HiFX Morning Update September 12, 2017
Tuesday, 12 September 2017, 8:43 am | HiFX
The Kiwi has put in a mixed performance overnight as the USD was stronger against all the majors except the CAD. Canada’s trend in housing starts was above the 200,000 unit mark for the eighth consecutive month.The trend in Canadian housing starts was ... More >>
HiFX Morning Update September 11, 2017
Monday, 11 September 2017, 8:37 am | HiFX
The NZDUSD opens at 0.7271 (mid-rate) this morning. More >>
HiFX Morning Update September 8, 2017
Friday, 8 September 2017, 9:04 am | HiFX
The Kiwi is up against the USD and Pound, but has lost ground against the other major currencies overnight. The NZDUSD range this week has been 122 points (1.7%) and starts today up 85 points (1.2%) from Monday’s open. The European Central Bank (ECB) left ... More >>
HiFX Morning Update September 7, 2017
Thursday, 7 September 2017, 8:46 am | HiFX
The Kiwi fell against all the G10 currencies overnight as the Kiwi was sold heavily in the US session, and after the Bank of Canada rate hike which surprised many analysts, who had not expected another rate increase until at least October. More >>
HiFX Morning Update September 6, 2017
Wednesday, 6 September 2017, 8:35 am | HiFX
After a quiet start to the week on Monday, the NZDUSD traded a 106 point (1.5%) range overnight Tuesday and outperformed all the G10 currencies in the past 24 hours. The RBA left rates unchanged yesterday afternoon at 4:30pm at 1.5% which was widely expected ... More >>
HiFX Morning Update September 5, 2017
Tuesday, 5 September 2017, 8:42 am | HiFX
The NZDUSD traded a narrow 29 point (0.4%) range in quiet trading as the US markets were closed in observance of Labor Day. The Kiwi outperformed all the major currencies in the past 24 hours. At 51.1 in August, the seasonally adjusted IHS Markit/CIPS ... More >>
HiFX Morning Update September 4, 2017
Monday, 4 September 2017, 8:50 am | HiFX
The Kiwi traded to a low of 0.7128 last week which was the 200 moving day average target we mentioned in the Friday 25th morning update. The NZD still looks vulnerable and a break below 0.7100 opens up 0.7000 – last tested on the 24th May. More >>
HiFX Morning Update September 1, 2017
Friday, 1 September 2017, 8:43 am | HiFX
The NZDUSD opens at 0.7178 (mid-rate) this morning. More >>
HiFX Morning Update, August 31 2017
Thursday, 31 August 2017, 8:30 am | HiFX
The NZDUSD opens at 0.7197 (mid-rate) this morning. More >>
HiFX Data Update - RBNZ Governor Wheeler Speech
Wednesday, 30 August 2017, 2:24 pm | HiFX
The Reserve Bank Governor Graeme Wheeler has just delivered a speech at the Northern Club. His key points mentioned are: • In the absence of major unanticipated shocks, prospects look promising for continued robust economic growth in NZ over the next ... More >>
HiFX Morning Update, August 30 2017
Wednesday, 30 August 2017, 8:42 am | HiFX
Hurricane Harvey is the worst to hit the U.S. in over 50 years. The costs of Hurricane Harvey could climb as high as $100 billion, according to at least one estimate. While it will still take weeks for the full extent of the damage to become clear, the catastrophic ... More >>
HiFX Morning Update, August 29 2017
Tuesday, 29 August 2017, 8:40 am | HiFX
The NZDUSD opens at 0.7259 (mid-rate) this morning. The NZD has outperformed all but the AUD in the last 24 hours. Investors looked to hedge against geopolitical risks and Hurricane Harvey. There was broad USD selling and Gold rallied $21. EURUSD ... More >>