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BNZ Currency Reports

BNZ Currency Reports

The NZD was pressured overnight as global risk appetite and commodity prices fell. It traded down from around 0.8240 to below 0.8180 this morning. Yesterday’s domestic data showed world prices for NZ’s primary export produc [...]

Posted On : Jun, 02 2011 | Comments : 0

Foreign Exchange Rates : Pound Suffers as Moody's Investigates UK Retail Banks, GBP EUR Up Later as Officials Discuss Greek Debt Reprofiling

Foreign Exchange Rates : Pound Suffers as Moody's Investigat...

The Pound Euro exchange rate (GBP EUR) is 1.1519. The Pound Dollar exchange rate (GBP USD) is 1.6163. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5429. European Commissioner Olli Rehn has stated in the last twenty four hours [...]

Posted On : May, 25 2011 | Comments : 0

Currency Traders Ponder Future As Risk-On/Oil Correlation Fa...

As crude-oil futures spiked through $100 a barrel Wednesday, they left behind two partners that had previously accompanied them on such rallies: the euro and the Australian dollar. It's early days, but some see moves like this one- [...]

Posted On : May, 19 2011 | Comments : 0

Loonie closes lower, oil slides amid poor U.S. data

Loonie closes lower, oil slides amid poor U.S. data

The Canadian dollar closed down just over a full US cent Thursday as oil prices plunged amid demand worries and volatility arising from tumbling silver prices. The currency lost 1.05 of a cent to 103.28 cents US, adding up to a drop [...]

Posted On : May, 06 2011 | Comments : 0

G20 proposes adding China's yuan to IMF currency basket

Nicolas Sarkozy, the French president, and Timothy Geithner, US treasury secretary, told fellow politicians it is time for the yuan to be included in the basket of currencies behind the IMF's Special Drawing Rights (SDRs) – eff [...]

Posted On : Apr, 01 2011 | Comments : 0

Australian Dollar Touches 2-Week Low on China Export Data, J...

The Australian dollar fell to a two-week low after China, the South Pacific nation’s largest trading partner, posted an unexpected trade deficit in February. Australia’s currency declined versus all of its 16 major count [...]

Posted On : Mar, 10 2011 | Comments : 0

WORLD FOREX: Dollar Falls As Japan Exporters Sell; Downside ...

The dollar fell against the yen Monday in Asia as the greenback's ascent Friday to a one-month high lured aggressive selling by Japanese exporters keen to settle accounts. Still, not many Tokyo dealers believe the U.S. currency will [...]

Posted On : Feb, 14 2011 | Comments : 0

Vietnam forex reserves above $10 bln in 2010: report

Planning and Investment Minister Vo Hong Phuc's comment was reported on Wednesday in the state-run Vietnam Economic Times. Phuc provided no details, and it was unclear how much above $10 billion the reserves may be. The exact current [...]

Posted On : Feb, 11 2011 | Comments : 0

Euro Down Vs Yen As Japan Exporters Sell, May Rebound

The euro fell against the yen in Asia Friday due to selling by Japanese exporters for regular settlements, with institutional investors in Japan and short-term players in the region also getting behind the selling. But dealers said that [...]

Posted On : Jan, 14 2011 | Comments : 0

Canadian Dollar Posts Weekly Gain as Rising Oil, Stock Price...

Canada’s dollar gained against its U.S. peer and the euro as crude oil at a two-year high and rising stock prices spurred demand for higher-yielding assets. Canada’s currency, nicknamed the loonie, is up 2 percent this month [...]

Posted On : Dec, 25 2010 | Comments : 0

NZ Dollar Up Late After Buying On Post-GDP Dip

The New Zealand dollar was trading slightly higher late Thursday, helped by investors buying the currency cheaply after it dipped on weaker-than-expected gross domestic product data. The New Zealand dollar fell to US$0.7398 after Statist [...]

Posted On : Dec, 23 2010 | Comments : 0

Pound's currency exchange rate up against euro

The currency exchange rate for sterling is maintaining its upward trend against the euro. Sterling reached a two-month high against the single currency yesterday (Tuesday, November 30th). The boost for the pound was deemed to be down to [...]

Posted On : Dec, 02 2010 | Comments : 0

Australian Dollar Up Late; Reaches Highest Point Since Float

The Australian dollar rallied back above parity with the U.S. dollar and traded at its highest level since the currency was floated in 1983 on Thursday as the U.S. Federal Reserve outlined a second round of quantitative easing. Australia [...]

Posted On : Nov, 04 2010 | Comments : 0

India’s Currency Attracts Investors, but Damages Exports

As talk of currency battles rumble through the global economy, India has been a reluctant warrior. The reasons are evident here in Coimbatore, a southern city long known as a capital of India’s textile industry, an old-line export [...]

Posted On : Oct, 27 2010 | Comments : 0

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