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Exchange Rates updated 30/07/2015 3:54:13 p.m.

New Zealand

NZD/USD 0.6631
NZD/GBP 0.4245
NZD/EUR 0.6042
NZD/AUD 0.9071
NZD/JPY 82.3565
NZD/CAD 0.8599
NZD/SGD 0.9081
NZD/CHF 0.6416
NZD/HKD 5.1460
NZD/THB 23.2697
NZD/ZAR 8.3468
NZD/DKK 4.5069
NZD/SEK 5.7264

Rates are indicative only and indicate a midpoint between buy and sell prices


All Ord 5610
DOW 17755
FTSE 6631
NZSE 5871


Gold 1097
Oil 49

New Zealand


Collinson Forex Ltd

Phone 0800 338 838
Overseas +649 358 3636

For 24 hour GT platform support please call Neven Fisher on:

+64 9 918 8312


The FOMC confirmed that an interest rate rise was in the pipeline for later this year. The Fed observed the Labour market had improved to such an extent that a rate rise is probable. The Chinese stock market crash and the Greek crises had both threatened the global economy which could negatively impact the US. The Chinese crises is far from over, but perhaps this will not contaminate the greater economy, thus global markets. The US appears to be moving to raise rates but the Dollar did not reflect this as they left rates unchanged. The Fed have been reluctant to commit and have allowed excuses to permeate their language. The EUR hovered around 1.1000, while the GBP traded around 1.5600. Commodity demand remains weak but the associated currencies continued to rebuild, with the AUD breaking back to 0.7300, while the NZD pushed above 0.6650. Central Banks, more particularly the Fed, control currencies and bonds which react to economic data and global economic crises. There appears to be a plethora of reasons to defer any interest rate rise!?


27/7 China Industrial Profits, German IFO Business Climate, U.S. Durable Goods Orders, Dallas Fed Manufacturing Activity Index

28/7 Australia ANZ Consumer Confidence, China Leading Index, UK GDP, S&P Case Shiller Home Price Index, U.S. Composite PMI, U.S. Consumer Confidence, Richmond Fed Manufacturing Index

29/7 German Consumer Confidence, U.S. Weekly Mortgage Applications, U.S. Pending Home Sales, FOMC Rate Decision

30/7 NZ Building Permits, Japan Industrial Production, Australian Building Applications, German Employment, EU Consumer Confidence, U.S. GDP Revision

31/7 Japan CPI, NZ Business Confidence, German Retail Sales, EU Employment, EU CPI, Canada Employment, Chicago PMI, University of Michigan Confidence, Chinese Manufacturing PMI

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