DirectFX-phone-number-and-phone-image3.gif

p_7_top.jpg

Get a free Quote

Name
Email
Phone
From CCY
To CCY
Amount
Message
please type the characters you see:
(spam filter)
spam control image
 
p_1_top.gif

Apply now

Obligation free account and currency commentary btn_apply_for.gif
p_1_bottom.gif
Browse By Topic

FX News

Most recent FX News:

Read more

Australasian currencies on fire!

Written by Sam Coxhead on December 30th, 2010.      0 comments

11:33 AM (NZT) The Australian and New Zealand dollar's continue the weeks rampant form since Christmas. In the last 24hrs the NZD has been the standout reaching a high of .7691. The AUD has had a modern era high of 1.0184 and is poised to move through that level as rumours of a large M&A transaction boosts demand for the AUD.

Earlier on in the day the Kiwi dollar raced higher against the beleaguered Pound Sterling to reach a post float high of .4956 and establish it self again above the .5800 against the EURO.

This week has been an excellent example of the accentuted moves in very illiquid markets. One has to wonder if post financial year end for many institutions, will we see a reversal of these moves that have been made on no strong economic data?
    Last 24 hours trade
  Current level Low  High
NZD/USD 0.7673 0.7535 0.7691
AUD/USD 1.0178 1.0084 1.0184
NZD/AUD 0.7540 0.7461 0.7543
AUD/NZD 1.3262 1.3257 1.3403
NZD/GBP 0.4952 0.4841 0.4956
NZD/EUR 0.5805 0.5759 0.5822
NZD/JPY 62.65 62.08 62.76
NZD/CAD 0.7675 0.7539 0.7696 
 

Comments