Contact Us: NZ: 0800 338 838 US: 1888 6257 833 UK: 0800 0285 834 AU: 1800 143 415

Exchange Rates updated 22/09/2014 12:07:18 p.m.

New Zealand

NZD/USD 0.8139
NZD/GBP 0.4983
NZD/EUR 0.6337
NZD/AUD 0.9104
NZD/JPY 88.8010
NZD/CAD 0.8915
NZD/SGD 1.0310
NZD/CHF 0.7654
NZD/HKD 6.3158
NZD/THB 26.2545
NZD/ZAR 9.0218
NZD/DKK 4.7241
NZD/SEK 5.8230

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

Stocks

All Ord 5437
DOW 17280
NASDAQ 4580
FTSE 6838
NZSE 5181

Commodities

Gold 1216
Oil 92

New Zealand

nz

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 9312

Commentary

US Equity markets closed mixed on 'Quadruple Witching Day' overshadowed by the record breaking debut of Alibaba. The dominant event was the Scottish Independence election, which failed, thus reassuring market. The GBP slipped to 1.6310, despite the outcome, with many buying the rumor...! The EUR slipped back to 1.2830 reflecting the rising Dollar and an inherent weakness in the Eurozone. All eyes have been on the NZ election over the weekend which was a census on a National led Government. The NZD was under pressure with reserve strength and falling commodity prices. The NZD closed the week at 0.8125 while the AUD slipped further back from the big, big figure to trade just above 0.8900. A sweeping and convincing victory by the incumbent New Zealand Government should see a confident start to the trading week. The big winner remains the NZDJPY cross, great buying at 88.50. The NZD is trading up against the EUR at 0.6330 and tentatively trying to reclaim the 0.5000 figure against the GBP.

Headlines

22/9 Chicago Fed Manufacturing Activity Report, EU Consumer Confidence

23/9 China HSBC Manufacturing PMI, German/EU Manufacturing/Services/Composite PMI, US House Price index, US Manufacturing PMI, Richmond Fed Report

24/9 China Consumer Sentiment, NZ Trade Exports/Imports, US Weekly Mortgage Applications, German IFO Confidence, US New Home Sales

25/9 Italy Retail Sales, US Durable Goods Orders, Kansas City Fed Manufacturing Activity

26/9 German/France Consumer Confidence, Italy Business Confidence, US GDP, University of Michigan Confidence

Your Comments/Questions

Collinson contact form

(required)
(required)
(required)
(required)
(required)
(required)

Disclaimer

The details expressed in this website and accompanying documents or transmissions are for information purposes only and are not intended as a solicitation for funds or a recommendation to trade. Collinson Forex Ltd accepts no liability whatsoever for any loss or damages suffered through any act or omission taken as a result of reading or interpreting any of the information contained or related to this site.