New Zealand dollar news

Retail sales in New Zealand climbed 0.8% in January compared with a previous revised -0.4% from 0.0%, and it topped analysts\' estimates of 0.5%. Retail sales excluding auto inclined 0.3% following a decline by 1.8% that was revised to -2.0%, while forecasts referred to 0.7%.

• Dollar Settles as Confidence and Retail Sales Data Offers a Last Chance for Volatility this Week • Canadian Dollar Recovers on Trade and Housing Data, Looks to Jobs Data for a Breakout • Euro Discomforted by Policy Makers Doubts and Reservations • New Zealand Dollar Fails to Generate the Same Volatility on Retail Sales that the RBNZ Mustered

FXstreet.com (Barcelona) – GBP has been recovering ground since hitting the lowest level ever... For more information, read our latest forex news.

FXstreet.com (Barcelona) –AUD/NZD continues the progression to the upside as it has done over the... For more information, read our latest forex news.

Daily Video Technical Update: GBP/USD, USD/CHF, AUD/NZD Provided by FX Times/CMS Forex http://www.fxtimes.com http://www.cmsfx.com Analyst: Fan Yang, CTA

The Reserve Bank of New Zealand left its 2.5% cash rate unchanged as expected overnight. Speaking after the announcement Governor Bollard indicated that the RBNZ still sees the need to remain in neutral, saying that the economy was "subdued" and consumers were "cautious." He held to early predictions that the next rate hike would be in mid-2010, but then startled markets by adding that he did not …

0.7050 has been broken and then a correction occured on the parity. We maintain to trade only long positions as far as 0.6980 is support. If this level is broken, we will wait the break out of 0.6957 before taking short position.

The focus in recent hours has been centered on the antipodean currencies, with both the Aussie and Kiwi coming under pressure on the back of some weaker data, and a more dovish central bank outlook.

FXstreet.com (Barcelona) – The pair opened its price at 1.3030 to jump higher targeting 1.3070.... For more information, read our latest forex news.

FXstreet.com (Barcelona) – GBP fell sharply from an opening price at 2.1330 to be capped by 2.1060... For more information, read our latest forex news.

• Dollar Slips on Stable Risk Trends and Record Budget Deficit, But Still No Clear Trend • Euro Strength Runs Awry of a Gloomy EU Draft and Slower Growth for Strained Members • British Pound Drops as Factory Activity and Growth Estimates Slip • Australian Dollar Traders Respond to Weaker Employment Growth by Easing off Rate Expectations • New Zealand Dollar Tumbles after R…

FXstreet.com (Sydney) – The NZD has lost ground against the dollar and is currently trading at... For more information, read our latest forex news.

New Zealand Central Bank decided to keep its interest rates unchanged at 2.50% as already forecasted by the market.

Sterling weakens broadly today on poor production data from UK. Industrial production dropped -0.4% mom, -1.5% yoy in January while manufacturing production dropped -0.9% mom and rose 0.2% yoy.

While most currencies have been consolidating in a tight range since the North American close, Kiwi stands out and has outperformed on the session, with no direct catalyst for the demand other than some pre-RBNZ volatility.

FXstreet.com (Sydney) – The NZD has consolidated gains against the dollar and is above 0.7000. The... For more information, read our latest forex news.

FXstreet.com (Barcelona) –After the pair retreated from all-time highs at 1.3120 (March 4), price... For more information, read our latest forex news.

FXstreet.com (Barcelona) –The kiwi extended to the downside throughout the three seasons on March... For more information, read our latest forex news.

The parity continue its bullish movement, 0.6957 played its role of support and a pullback has been made on the upper band of the former bearish channel. We maintain to trade only long positions as far as 0.6980 is support. The break out of 0.7050 will give a new buy signal.

The NZD/USD has been trading in a tight 300 pip range since early February as ebb and flowing risk sentiment has left the pair without a clear direction. The improving global economy has been offset by lingering concerns that post credit crisis fallout remains, which has been enhanced by the credit issues in Europe. The lack of job growth and consume spending has markets concerns that dissipating …

Ashraf, British Pound, Canadian Dollar, China, GBPUSD, Gold, IMF, New Zealand Dollar, U.S. Dollar, Yen

FXstreet.com (Sydney) – The NZD has reversed recent gains against the dollar and is currently... For more information, read our latest forex news.

FXstreet.com (Barcelona) – The aussie just boosted around 50 pips to the upside against its... For more information, read our latest forex news.

0.6997 has been finaly broken and so a buy signal is given. We will now advise to trade only long positions as far as 0.6957 is support. The break out of 0.7050 will give a new buy signal.

FXstreet.com (Barcelona) - The kiwi has gained more than 200 pips against the cable in a meteoric... For more information, read our latest forex news.

The Reserve Bank of New Zealand is widely anticipated to keep the benchmark interest rate at 2.50% this week in an effort to balance the downside risks for the economy, and comments following the rate decision are likely to stoke increased volatility in the exchange rate as investors weigh the prospects for future policy.

FXstreet.com (Sydney) – The AUD lost recent gains against the Kiwi yet continues to trade above... For more information, read our latest forex news.

FXstreet.com (Sydney) – The NZD has reversed recent losses against the dollar and is currently... For more information, read our latest forex news.

FXstreet.com (Barcelona) - The kiwi took a rapid acceleration to the downside against GBP earlier... For more information, read our latest forex news.

Manufacturing activity in New Zealand rose 0.7% in the fourth quarter of last year following a decline by 5.1% that was revised to 0.7%.

FXstreet.com (Barcelona) - The kiwi takes the lead in early trading Monday weighed by a substantial... For more information, read our latest forex news.

Risk appetite was given a boost last week on generally positive economic data, which in turn translated in to broad based reversal in the Japanese yen.

See the previous NZD/USD analysis

US Dollar Weathers a Rebound in Risk Appetite, But for How Long? Euro at Impasse versus US Dollar: Further Losses or Sharp Bounce? Japanese Yen at Risk On Risk Appetite and Expected Monetary Easing British Pound May Consolidate After Falling to 10-Month Low Swiss Franc Remains Tied to Trends Driving Other Currencies Canadian Dollar Eyes Parity with the Dollar as Labor Data Approaches Australian Do…

A return of risk appetite has generated NZD/USD support and has kept the pair within its medium term range. Upward trending commodity prices have helped limit downside risks as they currently account for 63% of price action.

The dollar soared against the yen on Friday after a government report showed U.S. employers cut fewer jobs than expected last month, boosting hopes a U.S. economic recovery was on track. The renewed optimism also encouraged investors to buy stocks and high-yield currencies such as the Australian and New Zealand dollars, while the euro rose as concern about Greece's debt crisis ebbed after Thursday…

FXstreet.com (Sydney) – The AUD continued its gains against the Kiwi and is trading above 1.3000. ... For more information, read our latest forex news.

FXstreet.com (Sydney) – The NZD is recovering ground against the dollar and is currently trading at... For more information, read our latest forex news.