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Currency News - NZD

NZD currency update: Kiwi dollar weakens after poorer than expected Trade Balance figures

Written by Joe Mayhew on Friday, March 24, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The Kiwi dollar continued to weaken against its counterparts yesterday aided by poorer than expected Trade Balance figures. This figure saw a deficit of $18m NZD for February when analysts had been expecting a rise of $160m. EUR/NZD has risen from 1.53 to 1.5390…(read more)

NZD currency update: GDT Price Index

Written by Joe Mayhew on Wednesday, March 22, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The Kiwi dollar had a mixed session yesterday evening against a number of its counterparts. The GDT Price Index was published last night which showed an improvement with growth at 1.7%; better than the prior -6.3% drop. The GDT Price Index measures the Price…(read more)

NZD currency update: Kiwi falls against a number of its counterparts

Written by Joe Mayhew on Tuesday, March 21, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The FX market had a mixed session throughout Asian trading with the Kiwi falling against a number of its counterparts. A weaker pound did manage to make some gains on NZD: moving from 1.75 to 1.7575 mid-market. EUR/NZD is also up this morning which…(read more)

NZD currency update: Poorer than forecast results from Westpac Consumer Survey

Written by Joe Mayhew on Monday, March 20, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The Kiwi dollar managed to regain some ground on its counterparts overnight despite poorer than forecast results from the Westpac Consumer Survey. This came in at 111.9, the prior reading was 113.1, but this didn’t stop GBP/NZD falling from 1.7680 to 1.7560 and EUR/NZD…(read more)

NZD currency update: Kiwi dollar couldn’t recoup its losses

Written by Joe Mayhew on Friday, March 17, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The kiwi dollar couldn’t recoup its losses versus the pound yesterday evening in spite of better than anticipated Business PMI figures. These jumped from 52.2 to 55.2 but did little to impact GBP/NZD; which climbed from 1.7550 to 1.7750. The kiwi did manage to…(read more)

NZD currency update: better than anticipated Current Account figures

Written by Joe Mayhew on Wednesday, March 15, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The Kiwi dollar didn’t move profoundly against its counterparts overnight after the news that New Zealand had published better than anticipated Current Account figures. These came in at -2.7%, as opposed to the forecast -2.8%; GBP/NZD has moved within a cent range of 1.7530…(read more)

NZD currency update: Kiwi dollar reverses its moves

Written by Joe Mayhew on Tuesday, March 14, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The Kiwi dollar reversed its moves against the euro and the pound overnight. There were no economic data releases issued from New Zealand last night but, from the UK, the House of Lords have approved the Brexit bill which paves the way for the…(read more)

NZD currency update: Poorer than expected Food Price Index readings

Written by Joe Mayhew on Monday, March 13, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The kiwi dollar weakened against the pound this morning but gained on the dollar and euro after poorer than expected Food Price Index readings. EUR/NZD fell to 1.5417 but GBP/NZD is up to 1.7615, mid-market. There are no announcements due to be issued overnight….(read more)

NZD currency update: Kiwi dollar makes back some lost ground

Written by Joe Mayhew on Friday, March 10, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The Kiwi dollar managed to make back some lost ground against the weakening pound yesterday but continued to weaken against the euro. Electronic Card Retail Sales from New Zealand were poorer than anticipated which didn’t help the New Zealand dollar’s fortunes. GBP/NZD fell from…(read more)

NZD currency update: New Zealand dollar continues to weaken

Written by Joe Mayhew on Thursday, March 9, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 There were no New Zealand announcements issued overnight, however, this didn’t stop the New Zealand dollar continuing to weaken against a number of its counterparts; including the pound. GBP/NZD rose from 1.75 to 1.7650 yesterday and EUR/NZD reached 1.5277. Tonight from New Zealand we…(read more)

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