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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
    +
    0.6429
  • NZD / GBP
    +
    0.5291
  • NZD / EUR
    +
    0.5795
  • NZD / AUD
    +
    0.9482
  • NZD / JPY
    +
    68.3886
  • NZD / CAD
    +
    0.8535
  • NZD / SGD
    +
    0.8901
  • NZD / CHF
    +
    0.629
  • NZD / HKD
    +
    5.0435
  • NZD / THB
    +
    19.8702
  • NZD / ZAR
    +
    9.8393
  • NZD / DKK
    +
    4.3227
  • NZD / SEK
    +
    6.2126
Australian
  • AUD / USD
    +
    0.678
  • AUD / GBP
    +
    0.558
  • AUD / EUR
    +
    0.6111
  • AUD / NZD
    +
    1.0546
  • AUD / JPY
    +
    72.1234
  • AUD / CAD
    +
    0.9001
  • AUD / SGD
    +
    0.9387
  • AUD / CHF
    +
    0.6633
  • AUD / HKD
    +
    5.3189
  • AUD / THB
    +
    20.9553
  • AUD / ZAR
    +
    10.3767
  • AUD / DKK
    +
    4.5587
  • AUD / SEK
    +
    6.5519
Euro
  • EUR / USD
    +
    1.1094
  • EUR / GBP
    +
    0.9131
  • EUR / AUD
    +
    1.6363
  • EUR / NZD
    +
    1.7257
  • EUR / JPY
    +
    118.0174
  • EUR / CAD
    +
    1.4728
  • EUR / SGD
    +
    1.536
  • EUR / CHF
    +
    1.0854
  • EUR / HKD
    +
    8.7034
  • EUR / THB
    +
    34.2897
  • EUR / ZAR
    +
    16.9796
  • EUR / DKK
    +
    7.4596
  • EUR / SEK
    +
    10.721
United Kingdom
  • GBP / USD
    +
    1.2151
  • GBP / EUR
    +
    1.0952
  • GBP / AUD
    +
    1.7922
  • GBP / NZD
    +
    1.89
  • GBP / JPY
    +
    129.2559
  • GBP / CAD
    +
    1.6131
  • GBP / SGD
    +
    1.6823
  • GBP / CHF
    +
    1.1888
  • GBP / HKD
    +
    9.5322
  • GBP / THB
    +
    37.555
  • GBP / ZAR
    +
    18.5966
  • GBP / DKK
    +
    8.1699
  • GBP / SEK
    +
    11.742
United States
  • USD / GBP
    +
    0.823
  • USD / EUR
    +
    0.9014
  • USD / AUD
    +
    1.4749
  • USD / NZD
    +
    1.5555
  • USD / JPY
    +
    106.375
  • USD / CAD
    +
    1.3276
  • USD / SGD
    +
    1.3845
  • USD / CHF
    +
    0.9784
  • USD / HKD
    +
    7.8449
  • USD / THB
    +
    30.907
  • USD / ZAR
    +
    15.3046
  • USD / DKK
    +
    6.7237
  • USD / SEK
    +
    9.6634

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

 

Commentary

16th August 2019 Commentary

US equity markets rebounded after the crash, the previous day, boosted by strong US domestic data. The US consumer is performing strongly and supporting US GDP growth, with Q3 forecast higher to 2.2%. Strong US Retail Sales, 0.7% from an expected 0.3%, was reflected in the Walmart Sales. The consumer supports strong US domestic growth. Bond Yields continued to collapse, with the US 30 Year falling below 2%, for the first time. The 10 year slipped to 1.475%, while German 10 year bund contracted to MINUS 1%! The US Philly Fed report and the Empire State Manufacturing continued to perform well, confirming a robust domestic economy. The EUR traded 1.1100, while the GBP jumped to 1.2110, with further Brexit speculation.

 

Australian Employment data was better than expected, adding 44,000 jobs versus an expected 14,000 increase, which boosted the currency. The AUD rallied back up to 0.6780, while the NZD languished around 0.6440, still extremely vulnerable. The Chinese released some conciliatory messages, regarding the prospects of a US/China trade deal, but remain preoccupied with the evolving Hong Kong crises. Trade remains the major issue impacting markets, but Central Bank activity and Bond Yields have hijacked the narrative.

 

Weekly Market Calendar

12/8 NZ House Sales, NZ Credit Card Spending, US Mortgage Foreclosures, US Budget Statement

 

13/8 NZ Food Prices, Australia Consumer Confidence, Australia Business Confidence, German CPI, UK Employment, German/EU ZEW Economic Sentiment, NFIB Small Business Optimism, US CPI

 

14/8 Australia Consumer Confidence, China Industrial Production, China Retail Sales, German GDP, UK CPI, UK House Prices, EU Industrial Production, EU Employment, EU GDP, US Weekly Mortgage Applications

 

15/8 Australia Inflation, China House Prices, Australia Employment, Japan Industrial Production, Empire State Manufacturing, Philly Fed Survey, US Retail Sales, US Industrial/Manufacturing Production

 

16/8 NZ Manufacturing PMI, EU Trade, US House Sales, US Building Permits, University of Michigan 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.

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]