Scoop has an Ethical Paywall
Licence needed for work use Learn More
 

HiFX - Latest News [Page 27]

RBNZ OCR held steady at 1.75%, NZD little changed

Thursday, 23 March 2017, 9:43 am | HiFX

The RBNZ have maintained the Official Cash Rate (OCR) at 1.75%. This was widely expected. There is no Monetary Policy Statement issued at this meeting. More >>

HiFX Morning Update, March 23 2017

Thursday, 23 March 2017, 8:45 am | HiFX

The NZDUSD opens at 0.7058 (mid-rate) this morning. The NZD has made steady gains against the majority of its trading rivals (the JPY being the exception) as offshore economic data releases fell short of market expectations. The JPY has been the best ... More >>

HiFX Morning Update, March 22 2017

Wednesday, 22 March 2017, 8:43 am | HiFX

Following a 6.3% decline and with the futures pointing to yet another fall in global dairy prices this morning’ auction surprised the market by increasing by 1.7% to $3,101 a tonne. Whole milk powder prices increased by 2.9% and volume spiked by 10% ... More >>

HiFX Morning Update, March 21 2017

Tuesday, 21 March 2017, 8:09 am | HiFX

It has been a solid start to the week for the NZD with the dollar continuing to push higher against all its major rivals. With very little in the way of scheduled economic data releases to drive direction the big news overnight came out of the UK when the ... More >>

HiFX Morning Update - March 20 2017

Monday, 20 March 2017, 10:05 am | HiFX

The NZDUSD opens at 0.7015 (mid-rate) this morning. After what was a very volatile week markets consolidated on Friday with both currency and equity markets trading tight ranges. Friday night’s US economic data releases sent mixed signals to investors ... More >>

The NZDUSD opens at 0.6973 (mid-rate) this morning

Friday, 17 March 2017, 9:04 am | HiFX

The Kiwi has traded a 75 point or 1.1% range from yesterday’s open, trading as high as 0.7046 but opens near the low of 0.6971. The NZD is down against all its major competitors. More >>

NZ GDP for Q4 has just been released

Thursday, 16 March 2017, 11:27 am | HiFX

The NZ GDP for Q4 has just been released . The GDP for Q4 came worse than expected : Adjusted GDP Q4/ Annual: GDP +0.4% / +2.7% Consensus +0.6% / +3.1% NZ GDP over the last 12 months was +3.1% (consensus was 3.2%). The NZD is lower in immediate ... More >>

HiFX Morning Update, March 16 2017

Thursday, 16 March 2017, 8:10 am | HiFX

The NZDUSD opens at 0.7004 (mid-rate) this morning. The Kiwi has rallied 40+ points immediately following the Fed Rate hike, which is up 70+ points or over 1% from yesterday’s open. More >>

NZ Current Account Balance Release

Wednesday, 15 March 2017, 11:34 am | HiFX

The NZ Current Account Balance for Q4 2016 has just been released. More >>

HiFX Morning Update - March 15 2017

Wednesday, 15 March 2017, 8:59 am | HiFX

The NZDUSD opens at 0.6928 (mid-rate) this morning. The Kiwi has traded 33 points lower and 13 point higher than yesterday’s open over the past 24 hours and starts today relatively unchanged. More >>

HiFX Morning Update, March 14 2017

Tuesday, 14 March 2017, 8:04 am | HiFX

The NZDUSD opens at 0.6927 (mid-rate) this morning. After trading a narrow 36 point or 0.5% range against the USD in the last 24 hours, the NZD opens the same as yesterday morning. More >>

The NZDUSD opens at 0.6927 (mid-rate) this morning

Monday, 13 March 2017, 8:54 am | HiFX

The NZD opens marginally higher than Friday’s close, with the probability of a U.S. Interest Rate hike this Thursday morning, now fully priced in. In the 3 months to January 2017, U.K. total production was estimated to have increased by 1.9%, with ... More >>

The NZDUSD opens at 0.6897 (mid-rate) this morning

Friday, 10 March 2017, 9:51 am | HiFX

The NZDUSD opens at 0.6897 (mid-rate) this morning. The NZD has continued its run lower overnight with the December 23rd low at 0.6857 a clear target. This week the NZD/USD rate has dropped 1.9% but it feels like more with theFebruary 7th high at ... More >>

HiFX Morning Update, March 9 2016

Thursday, 9 March 2017, 8:48 am | HiFX

The NZD has been the worst performing currency of the majors in the past 24 hours and again opens on the lows. More >>

HiFX Morning Update - March 8, 2017

Wednesday, 8 March 2017, 8:22 am | HiFX

The NZDUSD opens at 0.6965 (mid-rate) this morning. The NZD has traded a 53 point range or 0.76% range in the last 24 hours and opens on the low. The 0.7376 high posted on Feb 7th, paired with the 0.6965 low now, represents a 411 point or 5.6% drop in ... More >>

HiFX Morning Update - March 7, 2017

Tuesday, 7 March 2017, 8:45 am | HiFX

The NZDUSD opens at 0.6995 (mid-rate) this morning. The NZD has started the week on the back foot with investors weary of tonight’s Global Dairy Trade auction. Whole milk powder futures (NZ’s key commodity export) are now trading below $3,000 ... More >>

HiFX Morning Update, March 6 2017

Monday, 6 March 2017, 8:43 am | HiFX

The NZD remains under pressure against all its rivals, and was one of only a few currencies not to claw back some of its fall against the USD late on Friday. The USD lost ground against all its major rivals with investors taking profit after shorting ... More >>

HiFX Morning Update, March 3 2017

Friday, 3 March 2017, 8:55 am | HiFX

The NZDUSD opens at 0.7055 (mid-rate) this morning. With the exception of the Australian Dollar the NZD has been the worst performing currency over the past 24 hours. The NZDUSD traded to a low of 0.7052 and has traded a 99 point range or 1.4% range since ... More >>

RBNZ's Gov Wheeler speech on Monetary Policy

Thursday, 2 March 2017, 10:34 am | HiFX

RBNZ Governor Wheeler has given a speech this morning titled "Some thoughts on the balance of risks around the Reserve Bank’s monetary policy setting." More >>

HiFX Morning Update, March 2 2017

Thursday, 2 March 2017, 8:57 am | HiFX

With the exception of the Japanese Yen the NZD has been the worst performing currency over the past 24 hours. The NZDUSD traded to a low of 0.7103 a level last seen in mid-January. Hawkish comments from several Fed officials boosted market expectations ... More >>

   

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.