New Zealand Dollar News, Guides, Forecasts & Provider Reviews. Stay on top of New Zealand Dollar exchange rates, charts and rate changes in the major NZD cross currency pairs. This allows you to take advantage of any market moves plus the low margins from our online currency and foreign payment partners to ensure you get the best possible exchange rates deals.
AUD Bolstered by Jobs Report, NZD Dented by Risk-off Flows, EUR Lifted by Hawkish ECB, USD Relinquishes Gains, CAD Steady Amid Rising Oil Prices
April Forex Outlook: Banking Crises Cast Shadow Over Global Currency Markets
'Fortress New Zealand' opening after two long pandemic years - Aussies welcomed back first on April 12th and other nationalities on 1st of May.
Property debt crisis in China, central bank bond policy and the energy crisis are combining for a volatile October - it is ever thus!
Fears Chinese mega developer Evergrande’s collapse will spark a contagion event and the ongoing European gas crisis has hit confidence.
Volatility returned to the currency markets last week with the Australian and New Zealand Dollar falling the hardest against the Greenback (both down 1W -3.0%).
Speculation abounds on whether the RBNZ will be the first to hike rates, this helped the NZD to rise to 1 year highs versus the Aussie dollar.
Last week’s big event was the strong US Non-Farms Payrolls report for July.
The British Pound GBP was a mover and shaker last week, hitting HIGHS against both the USD (30-DAY), EUR (90-DAY) and other major FX.
The way out from the UK’s experiment of lifting most lockdown measures is far from certain.
Currency markets move when both the Reserve Bank of New Zealand and the Bank of Canada shift on their bond buying plans and interest rate outlooks.
The growth outlook for the Australian economic became pessimistic when more lockdowns were announced due to rising COVID-19 cases in Sydney.
US Non-Farm Payrolls report was a mixed result - the Unemployment Rate moved higher but Wages slipped.
Fed Officials mixed opinions following last week’s hawkish bent reduces markets perception of sooner rate rises.
Friday was a volatile day in currency markets after a much weaker than expected US jobs report was released.
In May the US dollar has regained some of the ground it lost last month when it had its longest stretch without gains against a basket of peers in nine months.
Softening US Treasury yields surprised the markets last week, shifting tailwinds away from the US dollar towards risk-on currencies.
The strong US stock markets and higher yields from treasury bonds may be the catalyst for strong swings for currencies versus the USD.
New Year brings a weak US dollar and chaos in Washington DC with Capitol Hill reduced to a riot zone and President Trump impeached for a second time.
The recent period has been volatile for currency markets tossed about by US election uncertainty, stimulus spending doubts and both good and bad news from the COVID-19 frontline.
XE works on razor thin margins for money transfers to more than 100 countries and nearly always guarantees a fantastic deal. Transfers can be booked online and over the phone and most are processed within a single working day.
Currency rates were extremely volatile last week as the coronavirus situation worsened day by day with various countries implementing ever-tougher measures to stop the spread of the disease.
This week the US Dollar was touching three-year highs when valued against a basket of major currencies. The greenback's traditional role as one of the safe-haven currencies is helped by a domestic economy that is largely immune to the threats of the coronavirus.
The Australian dollar-New Zealand dollar exchange rate rose on Friday to a 10-week high as traders continue to make bets on monetary policy divergence between the RBA and RBNZ. Even higher rates are expected by teams at TD Securities and Societe Generale.
Goldman Sachs is backing British MPs to soon find a way through the current political deadlock, after which a “big finish” is expected by the British pound. Meanwhile, pessimism surrounds the Australian and New Zealand dollars, both of which have fallen to multi-week lows.
For much of this year, banks have been betting on further Australian dollar deprecation, but after last week’s RBNZ shocker, they have also given a thumbs down to the New Zealand dollar.
The New Zealand dollar plummeted on Wednesday after the RBNZ said its next move on interest rates was likely to be a cut.
Given what should have been obvious advantages, the Australian dollar’s inability to gain against the US dollar last week is an ominous sign that suggests further Aussie depreciation in the near term.
The New Zealand dollar leapt on Wednesday in response to the latest remarks from the RBNZ, which said that interest rates in New Zealand would not be lowered this year or next, wrong-footing investors who had adjusted FX positions to account for lower rates.
With a number of Australian data releases, RBA statements and forecasts on the economic calendar, the Australian dollar is likely to be in the headlines this week, for good or bad.
Among the world’s ten most actively traded currencies, it was the Chinese yuan that was leading the pack approaching the end of the Asian business week. Last week: majors all down Aussie dollar (AUD) was down last week, retreating from US0.80 cents, on Australia’s disappointing rise in private sector wages, their massive contraction […]
A new year brings a wealth of sporting delights around the world, from Euro 2016 to the Invictus Games. Here at World First, we help people transfer money around the world. Some of the people we help in 2016 might be out in the US for the Ryder Cup golf, and enjoy it so much […]
Want to do something different in 2016? We’ve scoured the world for the biggest, messiest, noisiest, most iconic and, frankly, the weirdest events around the world to compile the ultimate list of 101 things to do around the world in 2016. From sport to music, festivals to the weird and wonderful, we’ve got you covered. […]
Being apathetic about currency exchanges rates can be very damaging for your business. Let’s look at some of the dangerous myths that people cling to, to justify keeping their head in the sand. 1. What goes up must come down Or the reverse: that a sinking currency must recover eventually. History tells us that movements […]
In January 2019, Currency Online joined forces with XE. By bringing the two companies together, XE combined their 25 years of authority in currency exchange and Currency Online’s comprehensive range of money transfer services.
| Compare and Save on Foreign Exchange |
BER is operated by Best Exchange Rates Pty Ltd, a company incorporated under the laws of Australia with company number ABN 68082714841.BER is a comparison website only and not a currency trading platform. BestExchangeRates.com uses cookies. Disclaimer & Terms of Service Privacy
