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Currency News - NZD

NZD currency update: Kiwi manages to hold onto gains

Written by Joe Mayhew on Wednesday, May 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 managed to hold onto the gains it had made against the pound, with the pair still trading in the mid 1.84’s. Better than expected Trade Balance Figures from New Zealand managed to cement this movement. Tomorrow New Zealand will release their annual…(read more)

NZD currency update: “From zero to hero”

Written by Joe Mayhew on Tuesday, May 23, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 Sterling lost significant ground against the Kiwi over the past 24 hours as it opened yesterday’s trading session at 1.8740, to open the London session this morning at 1.8456. This was caused by the awful terrorist attack that took place in Manchester overnight. Kiwi…(read more)

NZD currency update: Kiwi dollar outperforms counterparts

Written by Joe Mayhew on Monday, May 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 managed to outperform a number of its counterparts during last night’s Asian trading session. There were no apparent catalysts for the move; however, risk-appetite had seemed to have picked up- which may have accounted for the progress in commodity-currencies like the…(read more)

NZD currency update: No Kiwi announcements overnight, but tonight we have Visitor Arrivals numbers

Written by Joe Mayhew on Thursday, May 18, 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 Kiwi announcements overnight to drive NZD pairs and the Kiwi was broadly range-bound as a result. GBP/NZD moved within a fifty pip band rarely showing any significant directional bias. EUR/NZD behaved similarly, peaking at 1.6123 and reaching lows of 1.6058. Tonight…(read more)

NZD currency update: Kiwi dollar makes modest gains

Written by Joe Mayhew on Wednesday, May 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 managed to make some modest gains on a number of its counterparts yesterday in spite of a spate of poorer than forecast economic data. Both the GDT Price Index and the measures of Kiwi PPI were weaker than the prior readings;…(read more)

NZD currency update: No economic annoucements issued but there was some movement

Written by Joe Mayhew on Tuesday, May 16, 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 economic announcements issued from New Zealand overnight; however, there was some movement amongst Kiwi pairs. This was mostly due to the shift in EUR/USD, however, which saw the Kiwi flat versus the pound (remaining within a range of 1.87 to 1.8750)…(read more)

NZD currency update: GBP/NZD and EUR/NZD begin the week unchanged

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

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 GBP/NZD begins the day in the mid 1.87’s and EUR/NZD at 1.5880 at mid-market unchanged from the close of last week. With a lack of data from either cross today little movement is expected. Tomorrow brings with it some key releases from New Zealand…(read more)

NZD currency update: Business PMI figures weaken the Kiwi dollar

Written by Joe Mayhew on Friday, May 12, 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 a number of its counterparts yesterday after New Zealand published Business PMI figures that were poorer than their former reading. The last reading issued came in at 57.8 on the index; however, last night’s reading dropped to 56.8. GBP/NZD…(read more)

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