New Zealand Dollar (NZD)

The US Dollar turned out to be the weakest currency last week, thanks to the dovish comments by Fed Chair, Janet Yellen. Giving a speech at the Economic Club of New York, the Fed chair said that the central bank would take a cautious…
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The US Dollar posted a dramatic turnaround last week erasing the gains from the previous week. Closing the week ending 25th March as the strongest currency, the US dollar was supported mostly by various Fed members' speaking engagements who…
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The US Dollar closed the week as the weakest currency led by the FOMC meeting which was more dovish than market expectations. With only two rate hikes projected for 2016, the markets saw the Greenback ease across the board. The Yen was the…
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Last week saw the Australian dollar post strong gains, rising 1.74%. The gains came about as the AUDUSD closed a second week with strong gains. Overall, the Aussie is up nearly 10% since the start of 2016 trading near the 0.755 handle. The…
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Image via RBNZ Museum The US Dollar closed the week as the weakest currency as a strong risk-on sentiment saw the AUD and the NZD close the week with gains of 4.31% and 2.81% respectively. The gains came on a broadly positive data from…
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Supported by strong growth numbers, the US Dollar closed the week on a firm footing against the Euro and the Yen. Economic data over the week saw Q4 GDP surprising to the upside, rising 1.0% against expectations of a dip to 0.40%. For the…
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The US Dollar saw a mixed week, stronger against the Euro and the British Pound while the commodity risk currencies posted gains. The Australian dollar closed the week with 0.65% gains against the Greenback while the Canadian dollar gained…
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The markets continued another week in a risk aversion mode with the equities continuing to push lower. WTI Crude oil prices were trending lower during the week with prices briefly trading near 13-year lows during the week. The Yen and the…
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Image via International Monetary Fund/Flickr The markets continue to remain in a risk aversion mode with the Japanese Yen gaining 3.70% for the week followed by 3.23% gains in the Swiss Franc. The safe haven currencies continue to…
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Equity markets spiked on Friday morning and posted a turnaround in what would have otherwise seen another week of slump and risk off sentiment. The markets rallied as the Bank of Japan introduced negative interest rates. Despite a weak…
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