HiFX - Latest News [Page 46]
HiFX Morning Update
Thursday, 14 May 2015, 9:20 am | HiFX
After yet another disappointing U.S data release (this time their monthly Retail Sales number) the USD has again lost ground against all its major competitors, with the NZDUSD rate once again testing 0.7500. The direction for today will be driven ... More >>
HiFX Morning Update, May 13
Wednesday, 13 May 2015, 10:00 am | HiFX
In the absence of any notable data releases the NZD has traded within a tight range against all its major competitors with the exception of the AUD where it has again lost considerable ground trading to a new 6mth low of 0.9210. This morning we await ... More >>
RBNZ Stability Report & Governor Wheeler Comments
Wednesday, 13 May 2015, 9:46 am | HiFX
The RBNZ has just released its Financial Stability Report & Governor Wheeler comments. The key points in report are: More >>
HiFX Morning Update, May 12
Tuesday, 12 May 2015, 9:14 am | HiFX
The NZD has lost ground against all its major competitors as speculation that the reserve bank will cut our OCR increases. The forward market is now pricing in 44bps cuts by March 2016. More >>
HiFX Morning Update
Monday, 11 May 2015, 9:05 am | HiFX
The NZDUSD is little changed from Friday’s close after the U.S. Non-Farm-Payrolls came in just shy of market expectations. More >>
HiFX Morning Update
Friday, 8 May 2015, 9:19 am | HiFX
The USD is down 1.3% this week to date, and down 300 points off the 0.7740 highs set on the 29th April, just 7 business days ago. More >>
HiFX Morning Update, May 7
Thursday, 7 May 2015, 9:42 am | HiFX
The USD has continued to fall against all its major competitors after another disappointing ADP employment report with the NZD being the only underperformer after yesterdays disappointing employment data. More >>
HiFX Data Update - NZ Employment Release - NZD lower
Wednesday, 6 May 2015, 11:26 am | HiFX
The NZ Employment numbers for Q1 have just been released. They came in worse than expected overall. The figures showed strong growth in employment numbers but the unemployment rate increased as labour force participation rose. NZ Employment data ... More >>
HiFX Morning Update
Wednesday, 6 May 2015, 9:09 am | HiFX
Another poor Fonterra Dairy Auction has had little effect on the NZD$ with investors chasing yield, underpinning the dollar. More >>
HiFX Morning Update
Tuesday, 5 May 2015, 9:12 am | HiFX
The NZD is little changed in what has been a slow start to the week as investors await up and coming data releases for direction, with nothing on the local front until tomorrows Fonterra Auction and employment numbers investors will be focused ... More >>
NZDUSD opens at 0.7530 (mid-rate)
Monday, 4 May 2015, 9:25 am | HiFX
The NZD continued to lose ground against the U.S. despite a disappointing U.S. ISM Manufacturing Report, after the Fed’s Mester and Williams indicated that a June rate hike has not been ruled out. The ISM said its purchasing managers index came ... More >>
NZDUSD opens at 0.7625
Friday, 1 May 2015, 9:29 am | HiFX
The RBNZ elected to hold the OCR at 3.5% yesterday which was the sixth straight month with no change. They said “it would be appropriate to lower the OCR if demand weakens, and wage and price-setting outcomes settle at levels lower than is consistent ... More >>
RBNZ Rate Announcement - NZD Lower
Thursday, 30 April 2015, 10:46 am | HiFX
The RBNZ have kept the Official Cash Rate (OCR) at 3.50%, as expected. The key points in the RBNZ statement are: • Reserve Bank of NZ says would be appropriate to lower rates if demand weakens & inflation settles below target • If wage and price ... More >>
The NZDUSD opens at 0.7695 (mid-rate) this morning
Thursday, 30 April 2015, 9:04 am | HiFX
Prior to the release of this morning’s FOMC the NZDUSD had traded as high as 0.7740, as the USD continued to lose ground against all of its major competitors. The FED attributed the economy's first-quarter slowdown to "transitory factors” and ... More >>
HiFX Morning Update
Wednesday, 29 April 2015, 9:07 am | HiFX
The USD has lost ground against all of its major competitors on the back of another disappointing night of US data releases and uncertainty ahead of tomorrow mornings FOMC interest rate meeting. More >>
The NZDUSD opens at 0.7660 (mid-rate) this morning
Tuesday, 28 April 2015, 9:01 am | HiFX
The NZD has bounced back against the USD after the US March durable goods order showed weakness in business spending. Tomorrow we have both our Trade Balance and ANZ Business Confidence data releases, but the real drivers will come from Thursdays FOMC and ... More >>
The NZDUSD opens lower at 0.7595 this morning.
Friday, 24 April 2015, 9:11 am | HiFX
The NZD fell sharply across the board yesterday after RBNZ Assistant Governor John McDermott’s speech highlighted the possibility of interest rate cuts. Domestic demand and inflation would both need to weaken before any rate cut comes into view; ... More >>
RBNZ mentions possibility of rate cut
Thursday, 23 April 2015, 1:18 pm | HiFX
The Reserve Bank Assistant Governor John McDermott has just given a speech to the Waikato Chamber of Commerce. His key points were: • Monetary policy should remain stimulatory for a prolonged period • Near-zero inflation New Zealand is seeing ... More >>
HiFX Morning Update
Thursday, 23 April 2015, 9:14 am | HiFX
The NZD continues to trade a tight range with investors awaiting data releases for further direction. On the local front at midday today we have RBNZ Asst Governor John McDermott speaking on inflation at the regional Chamber of Commerce which may ... More >>
The NZDUSD opens at 0.7660 (mid-rate) this morning
Wednesday, 22 April 2015, 9:20 am | HiFX
The NZD is little changed from yesterdays open as investors await further data releases for direction, the first of which should come in the form tomorrows China HSBC Flash Manufacturing PMI print. More >>