NZD/GBP Transfer
The British Pound (GBP) continue to climb against the New Zealand Dollar (NZD) Monday to meet the earlier low of 0.4775 (2.0940). Risk markets were a little subdued giving the GBP further momentum. A break… NZD/GBP Transfer
The British Pound (GBP) continue to climb against the New Zealand Dollar (NZD) Monday to meet the earlier low of 0.4775 (2.0940). Risk markets were a little subdued giving the GBP further momentum. A break… NZD/GBP Transfer
The New Zealand Dollar (NZD) reached a key 12-week level of 0.9325 (1.0725) late in the week against the Australian Dollar (AUD) the wash up of the RBA leaving rates unchanged last week. The pair… AUD/NZD Transfer
The New Zealand Dollar (NZD) reached a key 12-week level of 0.9325 (1.0725) late in the week against the Australian Dollar (AUD) the wash up of the RBA leaving rates unchanged last week. The pair… NZD/AUD Transfer
Inflation data will be key this week to determining the next move by the New Zealand Dollar (NZD), US Dollar (USD). With the kiwi travelling close to long term lows recently around the 0.6030 zone… NZD/USD Transfer
Market Overview Key Points: • Non-Farm Payroll (NFP) printed poorly at 187,000 compared to 205,000 putting the US Dollar under pressure. • The Bank of England (BoE) may need to raise rates again, we see… FX Update: Risk Holding Up
The Australian Dollar (AUD) fell to a 9-week low against the US Dollar (USD) Thursday extending recent losses to 0.6510. The US 10-year treasury bond yield was up 11 points to 4.19% and nears the… AUD/USD Transfer
Our predictions were correct with the British Pound (GBP) pushing higher from Tuesday’s 0.5240 (1.9080) to reach 0.5140 (1.9460) in early Friday trading. The lowest level since April 2020. The BoE signalled they are close… AUD/GBP Transfer
The New Zealand Dollar (NZD) has continued to move higher throughout the week reaching 0.9325 (1.0725) against the Australian Dollar (AUD) but it hasn’t been all one-way traffic. Although the cross remains within big picture… NZD/AUD Transfer
FX Update Key Points: Australian Manufacturing in July 49.6 vs 48.2 expected, with pressures over the past few months easing. NZ Building Permits for June +3.5% m/m prior -2.2% which is positive, however the number… Key Points This Week