Currencies Market & New Zealand Dollar

  • $A fall to 3-week low as iron price drops AAP - 2 hours 47 minutes ago

    The Australian dollar has hit a three week low, weighed down by falling iron ore prices and expectations of an Reserve Bank interest rate cut on Tuesday. Easy Forex currency dealer Andreas Tjahja said the story for the Australian dollar in the past few days has been very similar. "The increasing probability that the RBA is going to cut and the iron ore price is dropping, which made sentiment in the Australian dollar much lower," he said. Mr Tjahja said the local trade figures, released on Thursday, also added to the belief that the iron ore price won't recover any time soon because of less demand for the metal from China.

  • NZ Dollar Gains on Export Price Data, Aussie Falls with Iron Ore DailyFX - 3 hours ago

    NZ Dollar Gains on Export Price Data, Aussie Falls with Iron Ore

  • $A falls to three week low with iron price AAP - 3 hours ago

    The Australian dollar has hit a three week low, weighed down by falling iron ore prices and expectations there will be a Reserve Bank interest rate cut on Tuesday. Easy Forex currency dealer Andreas Tjahja said the story for the Australian dollar in the past few days has been very similar. "The increasing probability that the RBA is going to cut and the iron ore price is dropping, which made sentiment in the Australian dollar much lower," he said. Mr Tjahja said the local trade figures, released on Thursday, also added to the belief that the iron ore price won't recover any time soon because of less demand for the metal from China.

  • NOTIFICATION LETTER TO REGISTERED HOLDER AND CHANGE REQUEST FORM noodls - 3 hours ago

    Dear registered holder, 中 國 遠 洋 控 股 股 份 有 限 公 司 China COSCO Holdings Company Limited* (a joint stock limited company incorporated in the People's Republic of China with limited ...

  • Tourism touted as economic saviour AAP - 4 hours ago

    As the mining boom peters out, tourism may sit alongside housing as Australia's next big hope for the economy, an ANZ report suggests. The bank's economists Jo Masters and Felicity Emmett say the tourism industry is benefiting from a robust domestic market and a rise in foreign visitors to our shores. The weaker Australian dollar is helping entice foreign tourists, who are are staying longer and spending more. Australia enjoyed record visitor numbers from 15 key markets in 2014, with Chinese tourists leading the way.

  • NZ dollar rises to post-float high vs. Australian dollar BusinessDesk - 5 hours ago

    The New Zealand dollar rose to a new post-float high against the Australian dollar as traders looked ahead to non-farm payrolls data in the US and what is expected to be an interest rate cut by the Reserve Bank of Australia after the long Easter weekend. The kiwi traded at 98.51 Australian cents just after 5pm in Wellington, the closest it has come to parity since being allowed to trade freely in the 1984, from 97.90 cents yesterday.The local currency traded at 74.62 US cents from 74.75 cents yesterday. The kiwi strengthened against the Australian dollar after figures showed Australia's trade deficit widened for a third month in February, to A$1.26 billion, just under-shooting a Bloomberg survey forecasting a gap of A$1.3 billion. Financial markets in Australia and New Zealand will be closed Friday for the Easter break and when the local market re-opens on Tuesday it will be on expectations the Reserve Bank of Australia will cut its cash rate a quarter point to 2 percent, compared to the New Zealand equivalent 3.5 percent.

  • $A, iron ore price hits trade balance AAP - 5 hours ago
    $A, iron ore price hits trade balance

    Australia's trade deficit has blown out to its largest level in five months as falling iron ore prices and the lower Australian dollar take their toll. Exports rose one per cent, while imports were up two per cent, the Australian Bureau of Statistics said on Thursday. CommSec economist Savanth Sebastian said falling commodity prices were the biggest drag on the nation's balance sheet. Iron ore, Australia's biggest commodity export, fell below $US50 a tonne this week, and has halved in value in the past 12 months.

  • Crude Oil Stuck in Familiar Range, SPX 500 Waiting for a Catalyst DailyFX - 6 hours ago

    Crude Oil Stuck in Familiar Range, SPX 500 Waiting for a Catalyst

  • $A falls to nudge six year lows AAP - 8 hours ago

    The Aussie dollar has hit its lowest level in three weeks as a weaker trade balance adds to the impact of falling iron ore prices and expectations of a rate cut. At 1200 AEDT on Thursday, the local currency ...

  • Notification Letter and Request Form for Registered Shareholders noodls - 8 hours ago

    中國國際航空股份有限公司 AIR CHINA LIMITED (於中華人民共和國註冊成立的股份有限公司) (a joint stock limited company incorporated in the People's Republic of China with limited liability) (Stock Code 股份代號:00753) ...

  • Notification Letter and Request Form for Non-Registered Shareholders noodls - 8 hours ago

    中國國際航空股份有限公司 AIR CHINA LIMITED (於中華人民共和國註冊成立的股份有限公司) (a joint stock limited company incorporated in the People's Republic of China with limited liability) (Stock Code 股份代號:00753) ...

  • NZ lamb wool prices fall as lower Aussie dollar lures Chinese buyers BusinessDesk - 8 hours ago

    New Zealand lamb wool prices fell as Chinese buyers of the fibre favoured the Australian market as a decline in the Aussie dollar made that country's prices more competitive. The price for clean 35-micron wool, a benchmark for crossbred wool used for carpets and accounting for the majority of New Zealand's production, edged up 1 percent to $5.10/kg. New Zealand lamb wool prices last month touched $6.65/kg, the highest in more than four years, stoked by increased demand from China and as a decline in the New Zealand dollar against the greenback made the export fibre more competitive. "Lamb wool slipped as Chinese buyers were likely to have favoured buying in Australia this week as the Australian dollar is softer," said AgriHQ agriculture analyst Ivan Luketina.

  • EUR/USD Technical Analysis: Decline Pauses Above 1.07 DailyFX - 9 hours ago

    EUR/USD Technical Analysis: Decline Pauses Above 1.07

  • USD/JPY Technical Analysis: Buyers Lose Hold of 120.00 DailyFX - 9 hours ago

    USD/JPY Technical Analysis: Buyers Lose Hold of 120.00

  • US Dollar Technical Analysis: Four-Day Win Streak Broken DailyFX - 9 hours ago

    US Dollar Technical Analysis: Four-Day Win Streak Broken

  • USD/CAD Technical Analysis: Quiet Consolidation Continues DailyFX - 9 hours ago

    USD/CAD Technical Analysis: Quiet Consolidation Continues

  • NZD/USD Technical Analysis: Selloff Stalls Above 0.74 Mark DailyFX - 9 hours ago

    NZD/USD Technical Analysis: Selloff Stalls Above 0.74 Mark

  • AUD/USD Technical Analysis: Support Held at March Low DailyFX - 9 hours ago

    AUD/USD Technical Analysis: Support Held at March Low

  • EUR/JPY Technical Analysis: Euro Stair-Stepping Lower DailyFX - 10 hours ago

    EUR/JPY Technical Analysis: Euro Stair-Stepping Lower

  • Confidence takes a hit - NZMEA Fuseworks - 11 hours ago

    The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during March 2015, shows total sales in February 2015 decreased 18.20% (year on year export sales decreased by 27.06% with domestic sales increasing 10.08%) on February 2014. Confidence fell into negative territory for the first month since April 2013.

  • $A lower as iron ore price slump continues AAP - 12 hours ago

    The Australian dollar is back below 76 US cents following another fall in the iron ore price overnight. At 0700 AEDT on Thursday, the local currency was trading at 75.97 US cents, down from 76.28 cents ...

  • Finance News Update, what you need to know AAP - 13 hours ago
    Finance News Update, what you need to know

    WORLD FINANCE UPDATE: The Australian dollar is just a touch lower after two sets of US economic data pulled the currency in opposite directions in overnight trade. At 0630 AEST on Friday, the local unit ...

  • USDCAD Reversal Scalps Pending Below 1.2700 Resistance Ahead of NFPs DailyFX - 13 hours ago

    USDCAD Reversal Scalps Pending Below 1.2700 Resistance Ahead of NFPs

  • Strong $US pushes $A below 76 cents AAP - 13 hours ago

    The Australian dollar has fallen below 76 US cents as the greenback regains its strength. At 0630 AEDT on Thursday, the local currency was trading at 75.99 US cents, down from 76.28 cents on Wednesday. ...

  • April Forex Seasonality Foresees Weakest Month of Year for USD DailyFX - 13 hours ago

    April Forex Seasonality Foresees Weakest Month of Year for USD

  • NZ dollar recovers on weaker greenback, despite dairy price fall BusinessDesk - 14 hours ago

    The New Zealand dollar rebounded from overnight weakness as prices fell in the latest GlobalDairyTrade auction, with softer US data weighing on the greenback. Prices for dairy products, New Zealand's largest commodity export, declined an average 10.8 percent in the latest GlobalDairyTrade auction, amid concern about an increase in supply. Locally, Fonterra Cooperative Group is adding more volume to the auctions following higher-than-expected milk production, while overseas the removal of European milk quotas this month is expected to increase world milk supply. "Many would be forgiven for wondering why the New Zealand dollar is not lower after a double-digit price fall at the GlobalDairyTrade auction," ANZ Bank New Zealand senior economist Sharon Zollner and senior FX strategist Sam Tuck said in a note.

  • Notice to Moscow Exchange Trade members noodls - 17 hours ago

    Notice to Moscow Exchange Trade members

  • Transaction in Own Shares noodls - 18 hours ago

    1 April 2015 NB Global Floating Rate Income Fund Limited (the "Company") The Company announces that pursuant to the general authority granted by shareholders of the Company on 18 June 2014 to ...

  • Price & Time: European Powder Keg? DailyFX - 21 hours ago

    Price & Time: European Powder Keg?

  • Peer-to-peer forex platforms come of age Financial Times - 22 hours ago

    Peer-to-peer foreign exchange platforms are looking to eclipse existing retail currency services in the UK during the next decade, according to the sector. The crowdsourcing model of currency conversion ...

  • After huge Q1, here's what the dollar will do next CNBC - 23 hours ago
    After huge Q1, here's what the dollar will do next

    After the best quarter in years for the greenback, traders make the call on the second quarter.

  • Watermam Group Increases Shareholding in Australian Businesses noodls - Wed, Apr 1, 2015 8:22 PM NZDT

    WATERMAN GROUP INCREASES SHAREHOLDING IN AUSTRALIAN BUSINESSES Waterman Group plc ('Waterman' or 'the Group'), the engineering and environmental consultant, is pleased to announce that it has increased ...

  • $A consolidates after strong data AAP - Wed, Apr 1, 2015 7:59 PM NZDT

    The Australian dollar is lower despite a brief rally on positive Chinese manufacturing figures and local housing data. The Australian dollar peaked at 76.64 US cents after the data was released, but was unable to hold onto the gains. FXCM chief currency strategist John Kicklighter said the Aussie dollar's performance was still an improvement on falls recorded in recent days amid increased speculation of a Reserve Bank interest rate cut in April. "After its painful start to the week, the Australian dollar seems to be finally finding some footing," he said.

  • Local, China data gives $A a surge AAP - Wed, Apr 1, 2015 7:55 PM NZDT

    The Australian dollar is lower despite a brief rally on very positive Chinese manufacturing figures and local housing data. At 1700 AEDT on Wednesday, the local unit was trading at 76.28 US cents, down ...

  • Gold Stalls at Chart Support, SPX 500 Revisits Monthly Lows DailyFX - Wed, Apr 1, 2015 7:43 PM NZDT

    Gold Stalls at Chart Support, SPX 500 Revisits Monthly Lows