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Collinson Forex provides a complete range of foreign exchange services globally. Client relationships are at the heart of our business. By working closely with our clients, we strive to truly understand their business requirements and thus assist them to implement effective FX strategies.

Rates

New Zealand
  • NZD / USD
    +
    0.6764
  • NZD / GBP
    +
    0.5411
  • NZD / EUR
    +
    0.6021
  • NZD / AUD
    +
    0.9608
  • NZD / JPY
    +
    72.8567
  • NZD / CAD
    +
    0.8843
  • NZD / SGD
    +
    0.9202
  • NZD / CHF
    +
    0.664
  • NZD / HKD
    +
    5.2816
  • NZD / THB
    +
    20.8289
  • NZD / ZAR
    +
    9.4271
  • NZD / DKK
    +
    4.5009
  • NZD / SEK
    +
    6.3465
Australian
  • AUD / USD
    +
    0.704
  • AUD / GBP
    +
    0.5631
  • AUD / EUR
    +
    0.6267
  • AUD / NZD
    +
    1.0408
  • AUD / JPY
    +
    75.8287
  • AUD / CAD
    +
    0.9203
  • AUD / SGD
    +
    0.9577
  • AUD / CHF
    +
    0.6911
  • AUD / HKD
    +
    5.497
  • AUD / THB
    +
    21.6786
  • AUD / ZAR
    +
    9.8117
  • AUD / DKK
    +
    4.6845
  • AUD / SEK
    +
    6.6054
Euro
  • EUR / USD
    +
    1.1233
  • EUR / GBP
    +
    0.8986
  • EUR / AUD
    +
    1.5957
  • EUR / NZD
    +
    1.6608
  • EUR / JPY
    +
    121.0016
  • EUR / CAD
    +
    1.4686
  • EUR / SGD
    +
    1.5282
  • EUR / CHF
    +
    1.1029
  • EUR / HKD
    +
    8.7717
  • EUR / THB
    +
    34.593
  • EUR / ZAR
    +
    15.6567
  • EUR / DKK
    +
    7.4751
  • EUR / SEK
    +
    10.5404
United Kingdom
  • GBP / USD
    +
    1.2501
  • GBP / EUR
    +
    1.1128
  • GBP / AUD
    +
    1.7758
  • GBP / NZD
    +
    1.8482
  • GBP / JPY
    +
    134.6547
  • GBP / CAD
    +
    1.6343
  • GBP / SGD
    +
    1.7006
  • GBP / CHF
    +
    1.2273
  • GBP / HKD
    +
    9.7615
  • GBP / THB
    +
    38.4963
  • GBP / ZAR
    +
    17.4233
  • GBP / DKK
    +
    8.3186
  • GBP / SEK
    +
    11.7298
United States
  • USD / GBP
    +
    0.7999
  • USD / EUR
    +
    0.8902
  • USD / AUD
    +
    1.4205
  • USD / NZD
    +
    1.4785
  • USD / JPY
    +
    107.715
  • USD / CAD
    +
    1.3074
  • USD / SGD
    +
    1.3604
  • USD / CHF
    +
    0.9818
  • USD / HKD
    +
    7.8086
  • USD / THB
    +
    30.7945
  • USD / ZAR
    +
    13.9375
  • USD / DKK
    +
    6.6543
  • USD / SEK
    +
    9.383

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

 

Commentary

19th July 2019 Commentary

Markets experienced some volatility overnight, driven by speculation over Central Bank action and US/China trade negotiations. Rumours that US/China trade talks had reached an impasse, took equities lower, but Treasury Secretary Mnuchen dispelled these rumours. The rumour was that Huawei was the sticking point and Steve Mnuchin rejected this. Markets were also bolstered by the comments of New York Federal Reserve Chairman, John Williams, who said the Fed needed to ‘act quickly to take preventative measures’. Equities roared back from early losses, while US bond yields fell, along with the Dollar. The GBP jumped to 1.2540, with further Parliamentary action taken to avoid a ‘no deal Brexit’, while the EUR pushed up to 1.1270.

 

Commodity currencies experienced a relief rally with the trade news clarifications, supported by a falling reserve. The AUD jumped to 0.7070, after key employment data was in line with expectations, while the NZD spiked above 0.6750. This morning will see the release of Japanese CPI, with no surprises expected to this benign statistic in the current Japanese economic environment, while trade speculation remains key to these trade exposed currencies.

 

Weekly Market Calendar

15/7 NZ Services PMI, NZ Migration, UK House Prices, NZ Dairy Auction, China Industrial Production, China Retail Sales, China House Prices, China GDP, Empire State Manufacturing

 

16/7 NZ CPI, Australia Consumer Confidence, RBA Minutes, UK Employment, EU Trade, German/EU ZEW Economic Sentiment, US Retail Sales, US Industrial/Manufacturing Production, NAHB House Market Index

 

17/7 UK CPI, EU CPI, US Weekly Mortgage Applications, US Homes Sales, US Building Permits, Biege Book

 

18/7 Japan Trade Exports/Imports, Australia Employment, UK Retail Sales, Philly Fed Survey, US Weekly Jobless Claims

 

19/7 Japan CPI, University of Michigan Economic Sentiment

 

Application Form – Entity

Application Form – Trust

Application form – Individual & sole trader

Currency Converter

Services

We provide wholesale FX exchange rates with minimal fee structures for importers, exporters and private individuals.

We keep our clients updated with exchange rates, overnight and future market developments, that may have an impact on the market. A comprehensive daily analysis is available upon request or on subscription.

As you would expect, our dealers are available 24 hours a day for real-time market alerts, rates or commentary.

Foreign currencies transferred to 180 countries. 30 currencies available. Amounts, beneficiary details (encrypted database storage), exchange rate set with dealers. Payment transferred securely as per instructions.

Receiving foreign currencies.
Talk to our global dealers advising the currency, amount and date paid. We provide bank details for foreign currency receipts as required. Rates are agreed on advice or following receipt of funds.
Upon receipt of funds we advise the client and pay on their instruction.

All clients who wish to enter into a forward contract with Collinson Forex must meet certain requirements as per current legislation before this can be offered.
Please contact our global dealers to discuss this and your particular requirements.

Collinson Forex provides a full service in FX risk exposure management, using a variety of market products.
If you have FX exposure that needs to be managed, we can provide a strategy to minimise your risk, and help to take advantage of any potential gains, using market fluctuations – thus also helping to protect sales margins and budgeted FX rates.

Setting market orders (including stop loss orders) at desired levels will be monitored 24 hours a day (good ’til cancelled – GTC).

If currency rates in global markets trade at order levels, a deal is effected and advised.

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Forex Team