International currency market is the largest and biggest financial market in the world but the flip side to the story is that it is also the most fluid market.
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Posts Tagged ‘New Zealand Dollar’
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New Zealand Dollar Rebounds on Retail Sales
Posted by yehya on January 21st, 2010
After losing significantly during most of this Wednesday’s session as risk aversion prevailed globally, the kiwi rebounded in currency markets as retail sales advanced in the country reviving the confidence regarding the Southern Pacific economy.
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Dollar Benifits From Chinese Lending Requirements
Posted by yehya on January 21st, 2010
The dollar gained today versus most of the 16 main traded currencies as China tightened its lending restrictions, raising risk aversion in
The U.S.
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The kiwi retreated at the end of last week on a rise in risk aversion
Posted by Forex News Resource on November 2nd, 2009
The kiwi dollar struggled on Friday enabling the pound to jump 1.4%, briefly nearing the 2.30 level, as risk appetite in the market waned.
- Higher-risk currencies struggled to make headway at the end of last week as the rally in global equities in the wake of the positive US GDP data came to an abrupt halt.
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Sales data took the pound higher against the kiwi, continues to climb in trading this morning
Posted by Forex News Resource on October 28th, 2009
The pound made up further ground on the kiwi dollar, gaining 0.65% after positive sales data supported evidence that the UK economy is still on the road to recovery.
The kiwi edged higher against the pound but has weakened this morning following important Chinese data
Posted by Forex News Resource on October 22nd, 2009
Having given up ground to the UK currency in early trading, the kiwi rallied steadily through the afternoon, to close marginally up at 2.1833.
Improving global economic sentiment continues to raise demand for kiwi assets, boosting the NZ currency vs the pound
Posted by Forex News Resource on October 20th, 2009
The kiwi advanced over three and a half cents (1.6%) against the pound yesterday as investors showed renewed enthusiasm for risky assets.
Sterling has picked itself up from multi-year lows against the kiwi, buoyed by improving economic sentiment
Posted by Forex News Resource on October 15th, 2009
The pound was able to reverse a four day slide against the kiwi yesterday, following positive data in the UK labour market.
UBS forecasts for the U.S. dollar
Posted by maradona on October 13th, 2009
The dollar, which fell this year to the main 16 countries – trade partners of the United States, in the next 3 months will strengthen against the euro, Aoussa, New Zealand dollar is not as strong as analysts expected in the previous forecast.
According to the forecast UBS, the euro to the dollar amount to 1.40, the Australian dollar to 80 cents, to New Zealand dollar 65 cents.
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UBS forecasts for the U.S. dollar
Posted by maradona on October 13th, 2009
The dollar, which fell this year to the main 16 countries – trade partners of the United States, in the next 3 months will strengthen against the euro, Aoussa, New Zealand dollar is not as strong as analysts expected in the previous forecast.
According to the forecast UBS, the euro to the dollar amount to 1.40, the Australian dollar to 80 cents, to New Zealand dollar 65 cents.
Click to continue reading “UBS forecasts for the U.S. dollar”
The increase in retail sales spurred the New Zealand dollar
Posted by maradona on October 13th, 2009
The increase in retail sales spurred the New Zealand dollar, but other currencies remained mostly motionless
In connection with national holidays in the United States and Canada yesterday for the currency market was relatively quiet.
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Demand for the kiwi remained strong yesterday, but it has lost ground in the wake of comments from Ben Bernanke
Posted by Forex News Resource on October 9th, 2009
The pound edged down against the kiwi as rising risk appetite in the market offset the BoE’s decision to hold their monetary policy unchanged.
- Investors continued to buy into the higher-yielding New Zealand dollar, encouraged by rallying global equity markets and a broadly weaker dollar.
- In the UK, the BoE kept interest rates at 0.5% and decided against extending the quantitative easing programme as some had feared.
- However, the decision only gave the pound a muted boost against the kiwi, as investors had already priced the news into the market.
- In trading this morning, the kiwi has trimmed its gains as investors lock in some profits and as comments from the Fed Chairman suggested that the US may need to tighten monetary policy, spurring a slight return to the US dollar.
- However analysts have noted that overall market sentiment towards the kiwi is still pretty bullish, and that any upward movement for the pound is likely to be as a result of profit taking, rather than decreasing demand for kiwi assets.
Kiwi halted its climb yesterday, as demand for higher-yeilding currencies weakened
Posted by Forex News Resource on October 8th, 2009
Sterling reversed a three-day decline against the kiwi, posting marginal gains following a rise in risk aversion, closing the day at 2.1682.
Kiwi found support from the strength of its neighbour yesterday, and as global equities rallied strongly
Posted by Forex News Resource on October 7th, 2009
The pound lost a further one and a half cents to the kiwi following negative UK data, and as the aussie rate hike put the focus on the next RBNZ rate decision.
Some Basics of Forex Trading
Posted by Tushar Mathur on October 4th, 2009
If you are new into the Forex trading and want to gain some quick knowledge on the Forex trading then in that case here are some basics to help people like you.
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