Thursday 1 May 2014

NZD Market Update from NZ Forex

NZD Market Update

Hi Sarah,

Since reaching a high of 0.8635 following the Reserve Bank’s decision to increase interest rates last week the Kiwi is now a cent lower having exchanged at 0.8535 against the U.S dollar. On the 10th of April the NZD peaked at 0.8745, its highest level in over 2 ½ years, but is now trading some 2.5% below this high and looking vulnerable to more downside.

With important economic data out of the U.S this week the volatility is set to continue so now could be a good time to review any international money transfer requirements. Simply click here to log in for a live dealing rate or view what’s expected from this weeks economic data releases.

http://i9.cmail1.com/ti/d/A7/18C/A0F/102435/images/bt_login.gif

NZD/USD Chart
NZD/USD Chart

NZD Cross Rates at 10:11 AM, April 29, Auckland
NZD Cross Rates

 

Sarah Turner
New Zealand Operations Manager



Ph: 09 834 7936
Mob: 022 043 1226
Toll free: 0800 86 36 36

www.abuyerschoice.co.nz
sarah.turner@abuyerschoice.com

 

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