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

Exchange Rates updated 18/12/2014 3:04:03 p.m.

New Zealand

NZD/USD 0.7684
NZD/GBP 0.4928
NZD/EUR 0.6225
NZD/AUD 0.9455
NZD/JPY 91.0794
NZD/CAD 0.8943
NZD/SGD 1.0083
NZD/CHF 0.7463
NZD/HKD 5.9654
NZD/THB 25.3579
NZD/ZAR 8.9564
NZD/DKK 4.6293
NZD/SEK 5.8974

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

Stocks

All Ord 5141
DOW 17204
NASDAQ 4591
FTSE 6336
NZSE 5497

Commodities

Gold 1194
Oil 58

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 8312

Commentary

Oil(Brent) rebounded to $63 overnight pushing energy stocks higher and boosting equity markets. The Fed ends their two day meeting today and are expected to leave rates at record low levels for an extended period. The CPI number was lower than expected allowing freedom for the Fed to retain the 'free money' policies. European CPI was also benign, which is an indictment of the lack of growth, as much as any win against inflation. The US Dollar surged back to trade EUR 1.2410, while the GBP retraced to 1.5650. The AUDUSD traded 0.8170, while the NZD fell to 0.7715 this morning. The Dollar strength has been reflected across the board and the Fed's inaction only serves to further enhance the rally. Speculation will begin on when the Fed will start to raise rates which will give the USD further impetus. The NZD Currently trades 0.6207 and 0.4925 against the EUR and GBP, down slightly on yesterdays levels. The NZDAUD has been trading in a wide volatile range in the last 24 hours sitting 0.9440 this morning, down from a high of 0.9490.

Headlines

15/12 NZ Home Sales, NZ House Price Index, NZ Services PMI, Japan Tankan Report, UK House Prices, Empire State Manufacturing Index, US Industrial Production

16/12 Australia Consumer Confidence, RBA Minutes, China Manufacturing PMI, France/German/EU Manufacturing/Services/Composite PMI, UK CPI, German ZEW Confidence, EU ZEW Confidence, EU Trade Balance, US Housing Starts, US Building Permits, US Manufacturing PMI

17/12 NZ Current Account, Australia Leading Index, Bank of England Minutes, EU CPI, US Weekly Mortgage Applications, US CPI, US Current Account

18/12 NZ Current Account, NZ GDP, German IFO Report, UK Retail Sales, EU Construction, US Weekly Jobless Claims, US Composite PMI, Philly Fed Report, US Leading Index

19/12 NZ Job Ads, Bank of Japan Monetary Statement, NZ Business Confidence, NZ Credit Card Spending, Japan Leading Index, German Consumer Confidence, EU Current Account, German PPI, Kansas City Fed Manufacturing Activity Report

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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.