XE.com - Latest News [Page 3]
XE Morning Update
Thursday, 19 September 2019, 8:36 am | XE.com
The NZDUSD opens at 0.6307 (mid-rate) this morning. This morning the Federal Reserve cut its interest rate target range by 25 basis points to between 1.75% - 2.0%, citing global developments and muted inflation as reasons for the cut. The voting committee ... More >>
XE Morning Update
Monday, 16 September 2019, 8:23 am | XE.com
The NZDUSD opens at 0.6371 (mid-rate) this morning. The New Zealand dollar the weakest of the G10 currencies down circa 2.0% against a surging British pound. The NZD ran into further selling pressure on Friday after The BNZ, Business NZ performance of ... More >>
XE Morning Update
Friday, 13 September 2019, 8:32 am | XE.com
The NZDUSD opens at 0.6405 (mid-rate) this morning. Late last night European Central Bank President Mario Draghi announced a fresh stimulus package in an attempt to prevent the Euro-zone’s flagging economy. As expected the ECB slashed the deposit rate ... More >>
XE Morning Update
Wednesday, 11 September 2019, 8:18 am | XE.com
The NZDUSD opens at 0.6418 (mid-rate) this morning. Markets are largely subdued as investors looking ahead to Thursday’s ECB policy meeting for direction. Yesterday afternoon China’s consumer price index and producer price index data releases for ... More >>
XE Morning Update
Monday, 9 September 2019, 8:35 am | XE.com
The NZDUSD opens at 0.6416 (mid-rate) this morning. Mixed jobs data out of the US on Friday has seen the USD weaken against the majority of its rivals. Friday’s US non-farm-payrolls revealed employment rose by 130k jobs in August following on ... More >>
XE Morning Update
Wednesday, 4 September 2019, 8:35 am | XE.com
The NZDUSD opens at 0.6331 (mid-rate) this morning. The AUD is the strongest performing of the G10 currencies after the RBA held its key policy rate at a record low of 1.0% but delivered a statement which was deemed to be less dovish than the market was ... More >>
XE Morning Update
Monday, 2 September 2019, 8:20 am | XE.com
The NZDUSD opens at 0.6297 (mid-rate) this morning. Typical end of the month choppy trading saw the NZDUSD dip below 0.63 for the first time since 2015, and although the move was retraced into the NY close the NZD has opened back below the mark this ... More >>
XE Morning Update
Thursday, 29 August 2019, 8:11 am | XE.com
The NZDUSD opens at 0.6336 (mid-rate) this morning. In the absence of any major economic data releases the main talking point over the past 24 hours is the announcement that the Queen has agreed to Prime Minister Boris Johnson's request for a suspension of ... More >>
XE Morning Update
Tuesday, 27 August 2019, 8:21 am | XE.com
The NZDUSD opens at 0.6385 (mid-rate) this morning. What a difference a day makes, with the US-China trade talks apparently back on, the world is in a better place and risk-appetite is on the rise. Late yesterday President Trump told media at the ... More >>
XE Data Update - NZ Q2 Retail Sales Release
Friday, 23 August 2019, 10:54 am | XE.com
NZ Retail Sales for Q2 have just been released. They came in slightly lower than expected. Real Retail Sales on quarter +0.2% (Consensus +0.3%) Actual (seasonally adjusted) retail sales rose 2.7% on the year. Statistics NZ stated they had “seen ... More >>
XE Morning Update
Thursday, 22 August 2019, 8:28 am | XE.com
The NZDUSD opens at 0.6405 (mid-rate) this morning. The USD spike higher before retracing the move in reaction to the release of the FOMC minutes from their July 31st meeting. The minutes showed policymakers voted 8 to 2 in favour of cutting the target range ... More >>
XE Morning Update
Tuesday, 20 August 2019, 8:42 am | XE.com
The NZDUSD opens at 0.6407 (mid-rate) this morning. Currency markets have consolidated as investors look towards the end of the week, Jackson Hole central bankers meeting for guidance. Federal Reserve Chairman Jerome Powell who is scheduled to speak at ... More >>
XE Morning Update
Wednesday, 14 August 2019, 8:41 am | XE.com
The NZDUSD opens at 0.6453 (mid-rate) this morning. News that the US are to delay its latest round of tariffs on some Chinese imported goods has seen US equity markets and bond yields spike higher. Earlier this morning a US Trade Representative announced ... More >>
XE Morning Update - NZ
Tuesday, 13 August 2019, 9:08 am | XE.com
The NZDUSD opens lower at 0.6447 this morning. The NZD tracked global equity markets lower as ‘risk assets’ slipped on continuing concerns about global growth, US-China trade dispute, and political tensions. The yield on 30-year US Treasury bonds fell ... More >>
XE Morning Update
Monday, 12 August 2019, 8:45 am | XE.com
The NZDUSD opens at 0.6468 (mid-rate) this morning. Markets were once again dominated by Trump comments on Friday with the US President announcing to reporters that the US are “not going to do business” with Huawei. Trump also cast doubts as to whether ... More >>
XE Morning Update
Thursday, 8 August 2019, 8:52 am | XE.com
The Kiwi opens at 0.6461 The NZD had a wild ride yesterday as RBNZ Gov Adrian Orr surprised the market with a 50 basis point cut in the OCR, taking rates down to 1%. The market was expecting a 25 point cut, and as what happens when it gets surprised, ... More >>
XE Morning Update
Tuesday, 6 August 2019, 8:26 am | XE.com
The NZDUSD opens at 0.6537 (mid-rate) this morning. Global equity markets are in free-fall after China’s central Bank allowed its yuan to fall below the politically sensitive 7-per-US dollar for the first time in more than a decade. At the same time ... More >>
XE Morning Update
Friday, 2 August 2019, 8:51 am | XE.com
The Kiwi opens at 0.6557 It has actually been very resilient given that the major news overnight was an unexpected announcement from Trump saying that he is putting a 10% tariff on a further 300 Billion of Chinese Exports. This is due to get enacted ... More >>
XE Morning Update
Wednesday, 31 July 2019, 9:09 am | XE.com
The NZDUSD opens at 0.6614 (mid-rate) this morning. The NZD is treading water with a slight bias to the downside ahead of tomorrow morning’s FOMC when the Fed are widely expected to cut rates by 25 basis points. The overnight US economic data again ... More >>
XE Morning Update
Tuesday, 30 July 2019, 8:24 am | XE.com
The NZDUSD opens at 0.6731 (mid-rate) this morning. The British pound tumbled to multi-year lows and is the weakest of the G10 currencies as the prospect of the UK exiting Europe without a deal increased. New UK prime Minister Boris Johnson has ... More >>