AUD and NZD Drop on Negative Recovery Comments
January 15, 2010 1:47 pm by Natalie R.The Australian and New Zealand Dollars declined overnight as several negative comments were made regarding the prospects of the global economic recovery. The AUD fell from near the strongest level in two months to 92.44 U.S cents from 93.18 cents ...
AUD and NZD Lower ahead of U.S Employment Data
January 8, 2010 4:09 pm by Natalie R.The AUD is ending the first week of 2010 slightly down versus the USD and JPY on speculation this week’s 2% gains versus the two currencies were too rapid. The AUD, along with the NZD, was headed for weekly gains ...
NZD Gains after Smaller than Expected Trade Deficit Release
January 7, 2010 5:57 pm by Natalie R.New Zealand Dollar gained the most in two months versus the Yen, reaching 68.58 Yen, the most since Oct. 27., after the south pacific nation posted it smallest annual trade deficit in 7 years. The NZD also gained against the ...
AUD and NZD Gain versus the USD as Risk Appetite Surges
December 31, 2009 2:15 am by Natalie R.Wednesday the Australian Dollar climbed 1.2% against the USD to trade at 89.72 U.S. cents as stock markets rallied and risk appetite returned for investors. While the AUD remained mostly unchanged versus the greenback Thursday, the currency slid slightly as ...
New Zealand GDP less then Expected, Currency Drops vs. Dollar
December 23, 2009 5:46 pm by Natalie R.New Zealand’s Gross Domestic Product rose 0.2% from the previous quarter, half of what was forecasted by economists. The disappointing result was due to a decline in construction, manufacturing and business investment, slowing down the nation’s recovery from the recession. ...
AUD and NZD Recover as Equities and Commodities Pick Up
December 18, 2009 6:01 pm by Natalie R.The Australian Dollar rose from a 10-week low as investors took advantage of the undervalued price and bought the currency. The Australian Dollar declined 2.7% this week to a low of 88.11 U.S cents; exhibit the worst performance against the ...
NZD Gains on Rates Prospect, Economic Growth
December 11, 2009 7:29 am by Natalie R.The New Zealand Dollar was boosted by Reserve Bank Governor Alan Bollard’s hawkish speech yesterday, heading for its biggest weekly advance in a month, to trade at 91.69 U.S cents. Bollard tuned from his previous dovish sentiment, stating yesterday that ...
Bollard Likely to Leave Interest Rates Unchanged
December 9, 2009 8:17 pm by Natalie R.New Zealand’s central bank meets today at 20:00 GMT. While Governor Alan Bollard pledged six weeks ago to leave rates unchanged “until the second half of 2010”, he might be coming under pressure to change his position as housing prices, ...
NZD/USD Expected to Rebound Today
November 20, 2009 12:53 pm by Anton EljwizatThe current bearish trend is expected to come to an end anytime soon, and a bullish correction may be in the making. I will illustrate below that the NZD/USD may very well be heading for a reversal. Forex traders can ...
AUD and NZD Decline on Reduced Risk Appetite
November 20, 2009 6:22 am by Natalie R.The Australian and New Zealand Dollars headed for their first weekly loss against the USD this month as well as their first weekly decline versus the Yen in three weeks as Asian equities extended a global slump, reducing demand for ...
