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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
    +
    0.6687
  • NZD / GBP
    +
    0.5145
  • NZD / EUR
    +
    0.5946
  • NZD / AUD
    +
    0.9343
  • NZD / JPY
    +
    74.8406
  • NZD / CAD
    +
    0.8961
  • NZD / SGD
    +
    0.9058
  • NZD / CHF
    +
    0.6784
  • NZD / HKD
    +
    5.2455
  • NZD / THB
    +
    21.2826
  • NZD / ZAR
    +
    9.3999
  • NZD / DKK
    +
    4.4404
  • NZD / SEK
    +
    6.2197
Australian
  • AUD / USD
    +
    0.7157
  • AUD / GBP
    +
    0.5507
  • AUD / EUR
    +
    0.6364
  • AUD / NZD
    +
    1.0703
  • AUD / JPY
    +
    80.1031
  • AUD / CAD
    +
    0.9591
  • AUD / SGD
    +
    0.9694
  • AUD / CHF
    +
    0.7261
  • AUD / HKD
    +
    5.6144
  • AUD / THB
    +
    22.7791
  • AUD / ZAR
    +
    10.0608
  • AUD / DKK
    +
    4.7526
  • AUD / SEK
    +
    6.6571
Euro
  • EUR / USD
    +
    1.1247
  • EUR / GBP
    +
    0.8654
  • EUR / AUD
    +
    1.5714
  • EUR / NZD
    +
    1.6819
  • EUR / JPY
    +
    125.8713
  • EUR / CAD
    +
    1.5071
  • EUR / SGD
    +
    1.5233
  • EUR / CHF
    +
    1.141
  • EUR / HKD
    +
    8.8223
  • EUR / THB
    +
    35.7943
  • EUR / ZAR
    +
    15.8093
  • EUR / DKK
    +
    7.4681
  • EUR / SEK
    +
    10.4607
United Kingdom
  • GBP / USD
    +
    1.2996
  • GBP / EUR
    +
    1.1556
  • GBP / AUD
    +
    1.8158
  • GBP / NZD
    +
    1.9435
  • GBP / JPY
    +
    145.4512
  • GBP / CAD
    +
    1.7415
  • GBP / SGD
    +
    1.7603
  • GBP / CHF
    +
    1.3185
  • GBP / HKD
    +
    10.1946
  • GBP / THB
    +
    41.3623
  • GBP / ZAR
    +
    18.2685
  • GBP / DKK
    +
    8.6298
  • GBP / SEK
    +
    12.0879
United States
  • USD / GBP
    +
    0.7695
  • USD / EUR
    +
    0.8892
  • USD / AUD
    +
    1.3972
  • USD / NZD
    +
    1.4955
  • USD / JPY
    +
    111.9204
  • USD / CAD
    +
    1.3401
  • USD / SGD
    +
    1.3545
  • USD / CHF
    +
    1.0146
  • USD / HKD
    +
    7.8445
  • USD / THB
    +
    31.827
  • USD / ZAR
    +
    14.057
  • USD / DKK
    +
    6.6404
  • USD / SEK
    +
    9.3013

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

 

Commentary

17th April 2019 Market Commentary

Markets continued to digest the strong earnings season in the US, as the lack of substantive economic data, failed to influence markets. Boston Fed President Evans spoke, confirming that ‘rates can stay unchanged until the fall of 2020’, allowing equity markets to gain momentum. German ZEW economic sentiment drifted lower, although the corresponding EU ZEW report was more positive, while US Industrial and Manufacturing Production was soft. The EUR traded 1.1280, while the JPY drifted back below 112.00. UK Employment data was on the soft side, while the chaos surrounding Brexit takes a breather with an extension to Article 50, while the GBP fell back to 1.3050.

RBA Minutes were dovish and observed economic risks allowed members to consider an interest rate cut in their last meeting, while inflationary pressures subsided. This did not do much for the AUD, which fell after the release but regained some ground in overnight trade, to trade 0.7170. The NZD was steady around 0.6750, ahead of the release of local CPI data this morning. The CPI number is expected to be soft, around 1.7% p.a., so any miss on the downside would lead to speculation of a rate cut from the RBNZ, which would undermine the currency.

Weekly Market Calendar

15/4 NZ Services PMI, UK House Prices, NZ Dairy Auction, Empire State Manufacturing

16/4 Australian Consumer Confidence, China New Home Sales, RBA Minutes, UK Employment, EU Construction, German/EU ZEW Sentiment, US Industrial/Manufacturing Production, NAHB House Market Index

17/4 NZ CPI, Japan Trade Exports/Imports, China Industrial Production, China Retail Sales, China GDP, Japan Industrial Production, EU Current Account, UK CPI, EU Trade Exports/Imports, EU CPI, US Weekly Mortgage Applications, US Trade, Biege Book

18/4 Australian Business Confidence, Australian Employment, France/German/EU Services/Manufacturing/Composite PMI, US Retail Sales, Philly Fed Survey, US Weekly Jobless Claims, US Leading Indicators, Japan CPI

19/4 US Housing Starts, US Building Permits, Easter

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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