nzd/usd News

Kiwi dollar bobbles around US70c
The New Zealand dollar was bobbling around the US70c mark at 8am today, having dropped to about US69.65c a few hours earlier, its lowest point after tumbling yesterday on the Reserve Bank's no change scenario for interest rates.The...NZX CLOSE: Shares mixed after MPS, kiwi falls; RBD up, GFF down
Shares were mixed after the central bank kept its benchmark interest rate at a record low, helping push down the kiwi dollar. Fast-food franchise company Restaurant Brands gained and foodmaker Goodman Fielder declined.Kiwi dollar up ahead of RBNZ statement
The New Zealand dollar rose today as traders squared up positions ahead of tomorrow's monetary policy statement by the Reserve Bank of New Zealand.N.Z. Dollar Set to Rebound After ‘Exaggerated’ Losses, RBC Says
March 12 (Bloomberg) -- The New Zealand dollar’s slide this year has been excessive and any sign inflation will accelerate may boost the currency, according to RBC Capital Markets.Aussie Gains Second Week, Nears January Highs Versus Dollar
March 12 (Bloomberg) -- The Australian currency traded near a seven-week high versus the dollar, set for a second week of gains, as traders bet accelerating growth will prompt its central bank to increase interest rates.Kiwi dollar regains lost ground
The New Zealand dollar regained lost ground against the greenback and strengthened against the euro, as the European currency declined on concerns peripheral euro zone economies could face debt problems similar to those of Greece.Dollar Advances as Trade Report Deters Demand for Higher Yields
March 11 (Bloomberg) -- The dollar rose against its Canadian counterpart and South Africa’s rand after a report on U.S. trade indicated the global economic recovery may be slowing, reducing demand for the currencies of commodity- producing nations.Dollar Advances as Decline in Stocks Reduces Demand for Risk
March 11 (Bloomberg) -- The dollar rose against most of its major counterparts as stocks dropped on concern China will seek to damp economic growth after inflation accelerated to a 16- month high, reducing demand for higher-yielding assets.New Zealand Dollar Declines on Signal of Slower Stimulus Exit
March 11 (Bloomberg) -- The New Zealand dollar fell against all of its 16 most-traded counterparts as the central bank signaled a slower exit from economic stimulus measures.Aussie Gains Second Week, Nears January Highs Versus Dollar
March 12 (Bloomberg) -- The Australian currency strengthened for a second consecutive week as traders bet accelerating growth will prompt the central bank to increase interest rates.Kiwi dollar finds its feet
The renewed optimism encouraged investors to buy stocks and high-yield currencies such as the NZ and Australian dollars. Around 8am today the kiwi was at ...Worst-Performer NZ Dollar Drops to Decade-Low Versus Aussie
The kiwi dollar slid 0.7 percent to 68.99 US cents, and declined 0.8 percent to 60.99 yen. Australia's dollar traded at 90.26 US cents from 90.59 cents ...NZ dollar slips as Bollard holds to rates timing
The central bank predicts the trade-weighted index of the kiwi dollar will average around 64.5 through 2010 before declining next year, as trading partner ...Strong Kiwi Dollar And Dry Weather Create Difficulties For NZ Agriculture Market
Apart from the dry weather, farmers are also struggling with the continued strength of the New Zealand dollar. Though the value of the Kiwi dollar against ...Kiwi dollar falls below 70c as Fed signals early exit
The kiwi dropped to 69.71 US cents from 70.27 cents before the announcement as the discount rate was lifted 25 basis points to 0.75 per cent, ...Kiwi dollar may rise above US70c on Aust bank move
The Australian dollar was buoyed by rising copper prices in the wake of the Chilean earthquake on Sunday, while the kiwi was helped by higher prices for the ...Kiwi dollar falls amid Greek bailout fears
"The fundamentals under the kiwi are still pretty solid with the rally last week only suffering a temporary setback." The kiwi dollar dropped to 69.65 US ...Dollar tumbles amid disappointing US, German data
The kiwi dollar continued its decline against the Australian dollar after Reserve Bank of Australia Deputy Governor Ric Battellino gave an upbeat assessment ...

nzd/usd Analysis

NZD/USD Classical 03.10
NZD/USD: Price action has been quite choppy of late, but ultimately we retain a bearish bias and look for the recent highs by 0.7080 to continue to cap gains ahead of an eventual break back below 0.6800 over the coming days.Forex: NZD/USD mixed and trading below 0.7000
FXstreet.com (Sydney) – The NZD has had mixed fortunes against the dollar and is currently trading at 0.6998. The Kiwi had earlier opened on 0.7003 and had been as high as 0.7010. The pair finds support at 0.6978, resistance at 0.7024 and is considered slightly bullish.NZD/USD Channel Presents Scalping Opportunity
The NZD/USD has been trading in a tight 300 pip range since early February as ebb and flowing risk sentiment has left the pair without a clear direction. The improving global economy has been offset by lingering concerns that post credit crisis fallout remains, which has been enhanced by the credit issues in Europe.Forex: NZD/USD falls to 0.6989
FXstreet.com (Sydney) – The NZD has lost ground against the dollar and is currently trading at 0.6989. The Kiwi earlier opened on 0.7018 and had been as high as 0.7025. The pair finds support at 0.6976, resistance at 0.7020 and is considered strongly bearish.NZD still trading with soft tone post RBNZ
The market knew what was coming but nevertheless insisted on buying the NZD in the two days leading up to the meeting. Governor Bollard said he's in no hurry to raise rates, no surprise there, and the NZD/USD falls 100 pips and is hanging around it's lows.Forex: NZD/USD consolidates above 0.7000
FXstreet.com (Sydney) – The NZD has consolidated gains against the dollar and is above 0.7000. The pair is currently trading at 0.7060. The Kiwi earlier opened on 0.7026 and set an intraday high of 0.7071. The pair finds support at 0.7034, resistance at 0.7081 and is considered slightly bullish.NZD short-covering ahead of RBNZ tomorrow
The market is unanimous in it's expectation that the RBNZ will make no change to rates or policy tomorrow, but the market looks to be still sitting short NZD both against the USD and the AUD. The NZD/USD has jumped up 30 pips in the last hour or so as the NZ trading day comes to a close.Asian FX market wrap: GBP drifts lower, AUD, NZD drift higher
RBA's Lowe: Australian economy to continue to expand over next few years Australia's March consumer confidence +0.2% Australia's home loans fall unexpectedly Japan's core machinery orders -3.7%, MoM NZD makes steady recovery ahead of tomorrow's RBNZ meeting USD/JPY and EUR/JPY still influenced by talk of repatriations Another brutally boring Asian session which was only notable for the GBP ...NZD/USD Range Contingent On Dovish RBNZ
Today’s bounce from the 200-Day SMA could be a sign that upside potential is increasing, especially considering the level of concern during early trading. Credit rating agency Fitch placed Portugal on a negative watch list which reignited concerns that the credit issues in Greece could develop into a contagion for the region.Forex: NZD/USD falls below 0.7000
FXstreet.com (Sydney) – The NZD has reversed recent gains against the dollar and is currently trading at 0.6986. The Kiwi earlier opened on 0.7007 and set an intraday high of 0.7013, however, the pair was unable to hold on to those gains.SSI: NZDUSD Retail Interest Holds Flat on Range-Bound Price Action
NZDUSD - The ratio of long to short positions in the NZDUSD stands at 1.13 as nearly 53% of traders are long. Yesterday, the ratio was at 1.35 as 58% of ...NZD/USD Limit Sell at 0.7035
The New Zealand Dollar fell sharply after the RBNZ rate decision as the bank was viewed more dovish than expected. The Bank reiterated it will start hiking ...USD/JPY, NZD/JPY Flows - Fix 90.64; Pres Obama to name Fed Yellen+2 Gov; FOMC ...
NZD/JPY at 63.35-40, seen weighed post dovish RBNZ yest, eye 62.50.WL12 March 2010 GBP has had a big bounce today but it's small fare in the bigger picture. ...NZDUSD: Long-Term Positioning Points to Losses
A fairly well-defined downward-sloping channel is set up from the major top in mid-October 2009, giving NZDUSD a bearish bias. ...Forex: NZD/USD mixed and trading below 0.7000
FXstreet.com (Sydney) - The NZD has had mixed fortunes against the dollar and is currently trading at 0.6998. The Kiwi had earlier opened on 0.7003 and had ...Forex: NZD/USD lags AUD as appetite for risk returns; trades at 0.6896
FXstreet.com (Sydney) - The NZD is lagging behind the Aussie in gains by risk currencies. The NZD/USD is currently trading at 0.6896. ...Euro Closes Higher; Poised to Continue Up Move
The NZD USD finished the week higher. Increased demand for higher risk assets contributed to the stronger showing. Earlier this week the Reserve Bank of New ...FX Markets Weekly: Euro's risk premium too high
Stay short GBP/CHF, NZD/CAD, EUR/USD and EUR/MXN, and long EUR/GBP. G-10 and EM carry continues to grind higher, and forward carry is now short the USD ...