Forex exchange and currency news
Morning FX thoughts - 8 Feb '12
Risk markets nudged higher. There was speculation during the NY session that an announcement from Greece was imminent
NZ dollar holds near 5-month high
The New Zealand dollar held near a five-month high as rising commodity prices stoked optimism global growth will revive enough to underpin demand for the nation’s agricultural exports
NZ dollar extends rally
The New Zealand dollar rose to a new 4 ½ month-high against the greenback and held near a decade-high against the euro as upbeat manufacturing data across economic powerhouses the United States, Europe and China expanded, indicating the global e
Morning FX thoughts - 2 Feb '12
Risk sentiment improved, supporting all the major asset classes
NZ dollar reaches new high vs. euro
The New Zealand dollar rose to a new high against the euro and touched a 4 ½-month high versus the greenback as the nation’s resilient economy and relatively appealing interest rates lured investors in the face of mixed global signals. &nb
Morning FX thoughts - 1 Feb '12
Risk currencies outperformed during a mixed overnight session
Morning FX thoughts - 31 Jan '12
he bears had the upper hand last night. The S&P500 is currently down 0.8% but was 1.4% lower early in the NY session and has broken technical channel support dating from 21 December
NZ dollar falls as Greece fails to close debt deal
The New Zealand dollar fell against the greenback on renewed concerns European Union leaders won’t resolve the region’s debt crisis at a summit in Brussels and talks continue between Greece and holders of its bonds
Morning FX thoughts - 27 Jan '12
Sentiment was mixed, a London-session rally reversed in NY
Morning FX thoughts - 25 Jan '12
Risk sentiment fell in London and rose in NY for a small net loss. The S&P500 has recovered from -0.9% to 0.3% currently
NZ Dollar holds near 3mth high ahead of Fed meeting
The New Zealand dollar hit a three month high against the greenback in local trading, ahead of the Federal Reserve’s two-day meeting where policymakers will provide a first-time forecast for benchmark interest rates
Morning FX thoughts - 24 Jan '12
Risk markets probed higher. Much of the London session was driven by reports (from Germany’s FTD for example) that a broad agreement between Greece and bondholders had been reached and negotiations were now focussed on detail, such as the level o
Morning FX thoughts - 23 Jan '12
Commodity currencies and US treasury yields advanced but equities and commodities were capped during London and NY sessions which were largely devoid of significant news
Morning FX thoughts - 20 Jan '12
Another small rally in equities. The S&P500 continued its run of small daily gains, up 0.5% as we write
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