After a less dovish set of Reserve Bank of Australia (RBA) meeting minutes the Australian Dollar to New Zealand Dollar (AUD/NZD) exchange rate has been trending higher. In spite of a more severe-than-expected contraction in fourth quarter Japanese GDP (-1.4% as opposed to the forecast decline of -0.8%) stock markets […]
Despite Fed Chair Janet Yellen failing to rule out further interest rate hikes over the coming months the Australian Dollar to New Zealand Dollar (AUD/NZD) exchange rate has been making gains. Contrary to the hopes of some traders the temporary closure of the Shanghai Composite Index for the observation of […]
The Australian Dollar to New Zealand Dollar (AUD/NZD) exchange rate has risen slightly today, although in other pairings the ‘Aussie’ (AUD) has generally declined or remained static. The ‘Kiwi’ (NZD) has charted a similar course against the competition. The Australian Dollar (AUD) has made losses of -0.9% against the Canadian […]
The ‘Aussie’ (AUD) has shrugged off Chinese slowdown concerns today to trend bullishly against the majors, with the AUD/NZD pairing gaining ground. While New Zealand has continued to produce increases on its August PMIs over the last week, with the domestic construction industry having returned to a state of expansion, […]
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