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XE.com - Latest News [Page 2]
XE Morning Update
Friday, 22 November 2019, 8:47 am | XE.com
The Kiwi opens up flat at 0.6404 The big mover (relatively) overnight was actually the Canadian Dollar. The BOC’s Poloz came out saying he thought monetary conditions were “about right”. Historically he is pretty perpetually dovish, so “about ... More >>
XE Morning Update
Wednesday, 20 November 2019, 8:29 am | XE.com
The NZDUSD opens at 0.6426 (mid-rate) this morning. Another rise in global dairy prices has helped lift the New Zealand dollar back above 64 US cents. This mornings GDT Price Index increased by 1.7% with an average selling price of $ 3,481 per tonne. ... More >>
XE Morning Update
Monday, 18 November 2019, 8:55 am | XE.com
The NZDUSD opens at 0.6405 (mid-rate) this morning. Renewed optimism about a US-China trade deal following comments from White House economic adviser Larry Kudlow saw risk appetite pick up going into Friday’s close. Kudlow said the talks have been ... More >>
XE Data Update - Business NZ Manufacturing Index release
Friday, 15 November 2019, 10:53 am | XE.com
The Business NZ Manufacturing Index (PMI) survey results for October have just been released. The Business NZ Manufacturing Index came in notably higher compared to September: +52.6 % vs +48.8 % A reading above 50 indicates expansion. The NZD is ... More >>
XE Morning Update
Thursday, 14 November 2019, 8:44 am | XE.com
The NZDUSD opens at 0.6405 (mid-rate) this morning. For the second time in his short tenure RBNZ Gov Adrian Orr took markets by surprise this time announcing the OCR would remain unchanged at 1.0%. The market was short going into yesterday’s announcement ... More >>
XE Morning Update
Tuesday, 12 November 2019, 8:40 am | XE.com
The NZDUSD opens at 0.6369 (mid-rate) this morning. The NZD is the only currency keeping pace with the British pound, which has pushed higher as the chances of a Conservative win increase. News that the Brexit Party will not contest the 317 electorates ... More >>
XE Morning Update
Friday, 8 November 2019, 8:46 am | XE.com
The NZD opens at 0.6359 In what is shaping up to have more excitement than a Bachelor finale, the US China Phase One trade deal looks to be back on. This was originally looking good early in the week, but fears the deal was falling apart started to increase ... More >>
XE Morning Update
Wednesday, 6 November 2019, 8:35 am | XE.com
The NZDUSD opens at 0.6387 (mid-rate) this morning. The Australian dollar is the best performing of the G10 currencies after the RBA as widely expected kept interest rates on hold at yesterday’s monetary policy meeting. A December rate cut is looking ... More >>
XE Morning Update
Monday, 4 November 2019, 8:48 am | XE.com
The NZDUSD opens at 0.6436 (mid-rate) this morning. Stronger than expected US jobs data along with renewed optimism about a US-China trade deal saw risk appetite increase going into Friday’s close. The US Labour Department reported non-farm payroll employment ... More >>
XE Morning Update
Thursday, 31 October 2019, 8:57 am | XE.com
The NZDUSD opens at 0.6371 (mid-rate) this morning. As widely expected the Federal Reserve cut its Target interest rate by 25bps for the third time in as many meetings. The Fed cited a sharp decline in business fixed investments along with slowing exports ... More >>
XE Morning Update
Tuesday, 29 October 2019, 9:11 am | XE.com
The NZDUSD opens at 0.6344 (mid-rate) this morning. The NZD has bounced off yesterday’s lows with risk appetite increasing amid continued optimism about US China trade talks along with overnight news that the European Union has granted and Boris Johnson accepted ... More >>
XE Morning Update
Friday, 18 October 2019, 9:31 am | XE.com
The Kiwi opens at 0.6350 As you can imagine Brexit talk has dominated overnight, with the big winners surprisingly being the Kiwi and Aussie. The closer and closer the UK get to a deal, the more the Pound will appreciate. However what is not so ... More >>
XE Morning Update - NZ
Thursday, 10 October 2019, 8:39 am | XE.com
The NZDUSD opens lower at 0.6292 this morning. The USD strengthened mildly overnight, pulling the NZDUSD lower, on renewed optimism about upcoming U.S.-China trade talks . It was reported that China is open to reaching a partial trade deal with the U.S. ... More >>
XE Morning Update
Tuesday, 8 October 2019, 8:37 am | XE.com
The NZDUSD opens at 0.6291 (mid-rate) this morning. With little in the way of economic data over the past 24 hours currencies have traded tight ranges with both the NZD and AUD giving ground against the majors. Global equity markets are marginally higher ... More >>
XE Morning Update
Wednesday, 2 October 2019, 8:19 am | XE.com
The NZDUSD opens at 0.6242 (mid-rate) this morning. The big news during our trading day yesterday came late in the afternoon with the RBA cutting their OCR by 25 basis points to a new record low of 0.75%. The decision to cut is designed to support employment ... More >>
XE Morning Update
Monday, 30 September 2019, 8:41 am | XE.com
The NZDUSD opens at 0.6295 (mid-rate) this morning. Currencies traded tight ranges on Friday with US economic data releases delivering mixed results to the market. The positives included better-than-expected durable goods orders and consumer sentiment ... More >>
XE Morning Update
Thursday, 26 September 2019, 8:43 am | XE.com
The NZDUSD opens at 0.6273 (mid-rate) this morning. The NZD strengthened yesterday afternoon after the RBNZ, as expected kept the Official Cash Rate unchanged at 1.0%. The Monetary Policy Committee judged that the incoming data "did not warrant ... More >>
XE Morning Update
Tuesday, 24 September 2019, 8:41 am | XE.com
The NZDUSD opens at 0.6294 (mid-rate) this morning. The NZD is the strongest performing of the G10 currencies on what appears to be profit taking ahead of tomorrow’s RBNZ monetary policy statement. After surprising the market with a 50bp cut at their previous ... More >>
XE Morning Update
Monday, 23 September 2019, 8:35 am | XE.com
The NZDUSD opens at 0.6259 (mid-rate) this morning. The NZD continued to encounter heavy selling pressure on Friday with the dollar falling to a new multi-year low against the USD. The NZD along with other commodity linked currencies underperformed ... More >>
XE Morning Update
Friday, 20 September 2019, 9:28 am | XE.com
The NZD opens at 0.6302 The Kiwi has drifted off, despite local GDP data coming in slightly better than expected at 0.5% q/q. As is often the case these days, global sentiment dominated, with comments from Trump's advisor, that Trump is ready to escalate ... More >>
