XE.com - Latest News [Page 4]
XE Morning Update
Wednesday, 24 July 2019, 8:30 am | XE.com
The NZDUSD opens at 0.6705 (mid-rate) this morning. News that President Trump and congressional leaders agreed a two-year US debt ceiling and budget deal yesterday morning has seen the USD outperform overnight. The deal which will raise US discretionary ... More >>
XE Morning Update
Monday, 22 July 2019, 8:37 am | XE.com
The NZDUSD opens at 0.6765 (mid-rate) this morning. The USD pushed higher on Friday breaking a 2-day losing streak after a spokesperson for the NY Federal Reserve said the market had taken out of context earlier comments from NY Fed President John Williams. ... More >>
XE Morning Update
Thursday, 18 July 2019, 8:32 am | XE.com
The NZDUSD opens at 0.6738 (mid-rate) this morning. Decreasing expectations of an interest rate cut by the RBNZ on August 7th has seen the NZD outperform overnight amid a pullback in risk appetite. The NZD is the strongest performing of G10 currencies ... More >>
XE Morning Update
Tuesday, 16 July 2019, 8:36 am | XE.com
The NZDUSD opens at 0.6717 (mid-rate) this morning. The NZD and AUD have extended their recent gains on the back of yesterday’s stronger than expected monthly China data releases. Yesterday’s data showed China’s Gross domestic product (GDP) growth ... More >>
XE Morning Update
Monday, 15 July 2019, 8:15 am | XE.com
The NZDUSD opens at 0.6685 (mid-rate) this morning. The USD weakened into Friday’s close as investors continued to price in interest rate cuts. As of this morning the market is pricing in 50 bps of cuts over the next 2 meetings. The pricing in of cuts ... More >>
XE Morning Update
Wednesday, 10 July 2019, 8:24 am | XE.com
The NZDUSD opens at 0.6606 (mid-rate) this morning. The AUD along with the GBP are the weakest performing of the G10 currencies with the AUD selling off after NAB reported its Business Confidence index plummeted back to 2 in June after rising to 7 in the ... More >>
XE Morning Update
Monday, 8 July 2019, 8:24 am | XE.com
The NZDUSD opens at 0.6625 (mid-rate) this morning. The USD rose sharply on Friday buoyed by a much stronger than expected non-farm-payroll report. The US Labour Department’s report showed jobs growth reaccelerated in the month of June with employment surging ... More >>
XE Morning Update
Thursday, 4 July 2019, 8:35 am | XE.com
The NZDUSD opens at 0.6704 (mid-rate) this morning. The AUD is once again the best performing of the G10 currencies with yesterday’s record trade surplus and higher building approvals for the month of May supporting the dollar strength. Broad USD ... More >>
XE Morning Update
Tuesday, 2 July 2019, 8:35 am | XE.com
The NZDUSD opens at 0.6673 (mid-rate) this morning. A fall below the critical 50.0 threshold in China’s Purchasing Managers’ Index, which measures operating conditions in the manufacturing sector, has helped erase yesterday’s NZD gains. Yesterday ... More >>
XE Morning Update - NZ
Monday, 24 June 2019, 8:37 am | XE.com
The NZDUSD opens higher at 0.6590 this morning. The USD lost ground Friday, nudging the NZDUSD higher , as the market continue to ruminate on Fed interest rate cuts. The EUR was buoyed by stronger-than-forecast survey data on French and German business ... More >>
XE Morning Update - NZ
Thursday, 20 June 2019, 8:57 am | XE.com
The NZDUSD opens higher at 0.6540 this morning. It was all about the US Federal Reserve overnight . They l eft their key interest rate in a range of 2.25-2.50% , but indicated a readiness to cut interest rates to sustain the US economic expansion. The Fed removed ... More >>
XE Morning Update
Tuesday, 18 June 2019, 9:16 am | XE.com
The Kiwi opens at 0.6493 Don’t let the lack of a percentage change fool you, the Kiwi is delicately poised close to the lows. If these break we open up the October 0.6422, where things will be looking decidedly ugly. We have the Fed meeting early ... More >>
XE Morning Update - NZ
Monday, 17 June 2019, 8:47 am | XE.com
The NZDUSD opens sharply lower at 0.6499 this morning. The USD rose across the board, driving the NZDUSD down below 0.6500 in the process, after encouraging US retail sales helped to alleviate fears the US economy is slowing rapidly. Robust US retail ... More >>
XE Morning Update - NZ
Wednesday, 12 June 2019, 8:39 am | XE.com
The NZDUSD opens lower at 0.6582 this morning. Financial markets were relatively subdued overnight with a series of tweets from US President Donald Trump dominating the headlines. Trump tweeted that Europe were deliberately devaluing the Euro to ... More >>
XE Morning Update - NZ
Monday, 10 June 2019, 8:50 am | XE.com
The NZDUSD opens sharply higher at 0.6660 this morning. Friday night’s May US payrolls numbers were a big disappointment. The jobs growth number missed estimates by 100,000 (75k versus 175k forecast), wage growth slowed, and average weekly hours worked fell. ... More >>
XE Morning Update - NZ
Wednesday, 5 June 2019, 8:36 am | XE.com
The NZDUSD opens higher at 0.6612 this morning. The USD fell, pushing the NZDUSD above 0.6600, after the Federal Reserve Chairman Jerome Powell signalled a willingness to cut interest rates to sustain economic expansion amid fallout from the deepening ... More >>
NZ Q1 Retail Sales Release
Wednesday, 22 May 2019, 10:55 am | XE.com
NZ Retail Sales for Q1 have just been released. They came in better than expected. Real Retail Sales on quarter +0.7% (Consensus +0.6%) When the effects of price changes are included, the seasonally adjusted value of total retail sales rose a modest 0.2% ... More >>
XE Morning Update
Thursday, 16 May 2019, 9:55 am | XE.com
The NZDUSD opens at 0.6562 (mid-rate) this morning. Overnight, disappointing US economic data releases have been overshadowed by reports that President Trump is considering a six-month delay in tariffs on imported autos and auto parts alongside Treasury ... More >>
XE Morning Update
Wednesday, 27 March 2019, 9:26 am | XE.com
The NZDUSD opens at 0.6912 (mid-rate) this morning. The NZD continues to consolidate ahead of this afternoon’s RBNZ monetary policy statement, when reserve bank governor Adrian Orr is expected to keep the official cash rate unchanged at 1.75%. Investors ... More >>
XE Data Update - NZ Trade Balance
Tuesday, 26 March 2019, 10:59 am | XE.com
The NZ Trade Balance for February has just been released. They came in a little better than expected: NZ Trade Balance: Trade Balance (Feb) $12mio surplus Consensus $200mio deficit - Imports (Feb) $4.80bio Consensus $4.90bio - Exports (Feb) $4.82bio Consensus ... More >>