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Forex

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
    +
    0.6333
  • NZD / GBP
    +
    0.5099
  • NZD / EUR
    +
    0.5752
  • NZD / AUD
    +
    0.9266
  • NZD / JPY
    +
    68.502
  • NZD / CAD
    +
    0.8392
  • NZD / SGD
    +
    0.8717
  • NZD / CHF
    +
    0.6281
  • NZD / HKD
    +
    4.9535
  • NZD / THB
    +
    19.3598
  • NZD / ZAR
    +
    9.3026
  • NZD / DKK
    +
    4.2954
  • NZD / SEK
    +
    6.1161
Australian
  • AUD / USD
    +
    0.6834
  • AUD / GBP
    +
    0.5503
  • AUD / EUR
    +
    0.6208
  • AUD / NZD
    +
    1.0792
  • AUD / JPY
    +
    73.9262
  • AUD / CAD
    +
    0.9056
  • AUD / SGD
    +
    0.9408
  • AUD / CHF
    +
    0.6778
  • AUD / HKD
    +
    5.3457
  • AUD / THB
    +
    20.8928
  • AUD / ZAR
    +
    10.0392
  • AUD / DKK
    +
    4.6355
  • AUD / SEK
    +
    6.6004
Euro
  • EUR / USD
    +
    1.101
  • EUR / GBP
    +
    0.8865
  • EUR / AUD
    +
    1.6109
  • EUR / NZD
    +
    1.7385
  • EUR / JPY
    +
    119.0883
  • EUR / CAD
    +
    1.4589
  • EUR / SGD
    +
    1.5155
  • EUR / CHF
    +
    1.0919
  • EUR / HKD
    +
    8.6115
  • EUR / THB
    +
    33.6563
  • EUR / ZAR
    +
    16.1722
  • EUR / DKK
    +
    7.4673
  • EUR / SEK
    +
    10.6327
United Kingdom
  • GBP / USD
    +
    1.2419
  • GBP / EUR
    +
    1.1281
  • GBP / AUD
    +
    1.8172
  • GBP / NZD
    +
    1.9611
  • GBP / JPY
    +
    134.3391
  • GBP / CAD
    +
    1.6457
  • GBP / SGD
    +
    1.7095
  • GBP / CHF
    +
    1.2318
  • GBP / HKD
    +
    9.7143
  • GBP / THB
    +
    37.9665
  • GBP / ZAR
    +
    18.2432
  • GBP / DKK
    +
    8.4236
  • GBP / SEK
    +
    11.9943
United States
  • USD / GBP
    +
    0.8052
  • USD / EUR
    +
    0.9083
  • USD / AUD
    +
    1.4632
  • USD / NZD
    +
    1.5791
  • USD / JPY
    +
    108.1685
  • USD / CAD
    +
    1.3251
  • USD / SGD
    +
    1.3765
  • USD / CHF
    +
    0.9918
  • USD / HKD
    +
    7.8219
  • USD / THB
    +
    30.5702
  • USD / ZAR
    +
    14.6893
  • USD / DKK
    +
    6.7826
  • USD / SEK
    +
    9.6577

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

 

Commentary

17th September 2019 Commentary

The drone attack on Saudi oil fields, over the weekend, filled markets with fear until they re-opened. Prior to opening President Trump offered to open the ‘Strategic Petroleum Reserve’ thereby calming fears over oil supply issues. Oil prices did spike, but settled at US$ 62.81/barrel,  although the prospect of further upheaval in the Middle East remains highly probable. Retaliation and ongoing attacks, are both on the radar screen. The Dollar jumped and pushed the EUR back to 1.1000, while the GBP slipped back to 1.2425, reflecting rising risk in the markets.

 

The rising Dollar is reflecting market uncertainty and has impacted the trade exposed, commodity currencies. The AUD slipped back to 0.6865, while the NZD tests new lows, plunging back to 0.6340. The performance of the NZD is a combination of international pressures and weak domestic economic data. Geo-Political developments, the US/China trade war and Central Bank speculation/action all promise to drive markets in what could be an extremely volatile week.

Weekly Market Calendar

16/9 NZ Services PMI, UK House Prices, NZ Dairy Auction, China Industrial Production, China Retail Sales, Empire State Manufacturing

 

17/9 NZ Consumer Confidence, Australia Consumer Confidence, China New House Prices, Australia House Prices, RBA Minutes, German/EU ZEW Economic Sentiment, Industrial/Manufacturing Production, NAHB House Price Index

 

18/9 NZ Current Account, NZ GDP ratio, Japan Trade Exports/Imports, UK CPI, EU Construction, EU CPI, US Building Permits, US Housing Starts, FOMC Rate Decision

 

19/9 NZ GDP, Bank of Japan Rate Decision, Australia Employment, EU Current Account, UK Retail Sales, Bank of England Rate Decision, US Current Account, US Leading Index, US Existing Home Sales

 

20/9 Japan CPI, NZ Credit Card Spending, EU Consumer Confidence

 

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.

GET IN CONTACT

Forex Team

John Collinson

John Collinson

Managing Director

John is a stalwart of the financial markets, having been involved in the sector since 1985 and founding Collinson Forex in 1994. His previous experience was as a senior FX dealer with Citibank Auckland, and banking roles include BT London. John is a graduate of Canterbury University with a Bachelor of Commerce.

Phone – +64 9 300 5230

Mobile  – +64 21 636 524

Email – [email protected]

Alex Feneridis

Alex Feneridis

Treasury Trader

Alex is a graduate from the University of Auckland, attaining his Bachelor of Commerce degree, and has been with Collinsons since 2008.

Phone – +64 9 300 5230

Email – [email protected]

Costa Feneridis

Costa Feneridis

Treasury Partner

Costa has been in the financial markets since 1985, and has held various senior treasury roles. He has been with Collinsons since 1997.

Phone: +64 9 300 5230

Email – [email protected]

 

Paul Bettany

Paul Bettany

Foreign Exchange Partner

Paul has been in the financial markets since 1983 and joined Collinsons in 1996. His experience in banking includes Citibank Auckland and Citibank London. He has a Bachelor of Commerce degree from the University of Auckland. Paul is currently based in Australia where his role involves business development for Queensland, Victoria and Western Australia.

Phone – +64 9 300 5230

Email – [email protected]