AUD/NZD has trended steadily lower – Westpac

AUD/NZD has trended steadily lower since October’s highs near 1.13 when investors worried about New Zealand’s new government, notes Sean Callow, Research Analyst at Westpac. Key Quotes “Indeed the kiwi has not only shed its apparent political risk premium, but now is considerabl ...

AUD/NZD spikes to close New York, drifts lower in Tokyo to 1.0730

AUD/NZD sees brief spike post-NY, fading in Tokyo. Long-term bearish trend still at play. AUD/NZD gained at the start of the overnight session but Tokyo trading is bringing the pair back down, with thin volumes leaving AUD/NZD testing around 1.0730. Business PMIs for New Zealand came out at ...

AUD/NZD dips on Aussie jobs miss, rebounds to trade in congestion

AUD/NZD slips on jobs miss, Australia loses fifty thousand full-time jobs. RBA Gov Lowe to speak at 22:30 GMT. AUD/NZD is trading near 1.0745, and it looks like the pair has shaken off the dismal employment figures from Australia that saw almost fifty thousand full-time jobs erased fro ...

AUD/NZD catches a bid as the NZD sinks on dovish rhetoric

AUD/NZD up on dovish RBNZ, but downside risks are still heavily present. RBA head to talk at Australian summit today, RBA policy statement tomorrow. AUD/NZD found some buyers during Aisa and is currently trading near the 1.0860 handle in early Tokyo trading. AUD/NZD got a lift alon ...

AUD/NZD drops amid equities glut, balances ahead of Tokyo

AUD/NZD down in Asia, testing 1.0830 ahead of Tokyo. RBA rate decision today, holding steady on rates priced in, but downside risks remain. AUD/NZD pushed lower yesterday, currently trading near 1.0830 ahead of Tokyo market open. The Aussie continues to suffer against the Kiwi, losing groun ...

AUD/NZD up slightly on China data, RBA/RBNZ key rates this week

AUD/NZD whipped for NFP Friday, continues sideways movement. New week, new interest rate decisions from RBA, RBNZ. AUD found some lift on Tokyo open following upbeat China Caixin PMI data, trading near 1.0860 as of writing. Price traded sideways in the pre-Asia market, with the pair stil ...

AUD/NZD still dropping as Aussie loses traction

Aussie the big loser in recent trading, falling across the board. little Pacific data before NFP at 13:30 GMT. AUD/NZD looks set to continue its decline into the Asian session, testing into the 1.0860 region as of writing. The Aussie lost against the Kiwi steadily throug ...

AUD/NZD knee-jerks on Aussie data, corrects following China PMI

AUD/NZD reacts to AZ Building Permits, drops to 1.0915. Price regains composure as Tokyo churns on. AUD/NZD is once again trading around 1.0940 as of writing; price quickly cleared yesterday's low before returning to the range established during the previous New York session. Th ...

AUD/NZD circles 1.0935 with little news on the horizon

AUD/NZD tumbles on bad AUD data. Sentiment undecided as pair trades flat. AUD/NZD went flat through New York, currently trading around 1.0935 with little volume. The Aussie fell against the Kiwi yesterday on weaker-than-expected CPI data, and hasn't been able to regain the lost ground ...

AUD/NZD slips 0.6% to 1.0965 following CPI disappointment

CPI disappoints, AUD drops in Asia. Annual inflation data 1.9% versus expected 2.0%. AUD/NZD is currently trading down in Asia after tumbling to a two-day low following disappointing inflation data for Australia; price is currently battling it out just underneath the 1.0970 handle ...

NZ December quarter inflation: low now, higher later – TDS

New Zealand’s Dec quarter CPI rose by +0.1%/qtr, below TD at +0.3% and well below mkt at +0.4/+0.5%, and below that expected by the RBNZ (+0.3%, before the new CPI weights were released), notes the research team at TDS. Key Quotes “Annual inflation dipped to 1.6%/yr, remaining below th ...

AUD/NZD clocks 18-month high on RBNZ mandate uncertainty

AUD/NZD rose to a 18-month high of 1.1254 this Friday morning as investors offered NZD on uncertainty around the RBNZ mandate under the new government. A Bloomberg Quint report says, "Investors are concerned the economy will slow as the new government boosts social spending and changes th ...