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Last modified on November 17th, 2017 3:22 am

When converting New Zealand dollars (NZD) to Australian dollars (AUD), or AUD to NZD, by exchanging via Direct FX, you will save a significant amount of money. Our wholesale currency exchange rates for money transfers, are significantly more competitive than bank foreign exchange rates. Being Australasian based, we specialise in knowing what drives NZD to AUD currency conversion rates.

NZD to AUD Overview: Australia is New Zealands biggest trading partner. Therefore the performance of the New Zealand economy and the NZD, is closely linked to the Australian economy and AUD. Due to this extremely close correlation, when compared to other currency pairs, the NZD to AUD exchange rate remains one of the most stable. More often than not, it is the interest rate differential between the two countries, that dictate the prevailing NZD to AUD exchange rate.

Historical Ranges: 1 year 5 years 10 years
NZD/AUD .9067 – .9760 .7642 – .9974 .7242 – .9974
AUD/NZD 1.0246 – 1.1029 1.0026 – 1.3086 1.0026 – 1.3808

Current Official Cash Rates:
Reserve Bank of New Zealand (RBNZ): 1.75%         Reserve Bank of Australia (RBA): 1.50%

NZD/AUD (AUD/NZD) Update:

Click here for NZDAUD charts

We have seen choppy trading on this cross over the week but within existing ranges. The New Zealand dollar (NZD) is now at 0.9048 vs the Australian dollar (AUD) down from the 0.9092 high on Wednesday after the disappointing AU wage growth figures. It looks a little directionless and should consolidate at current levels to start next week, but Aussie politics are a risk. Resistance around 0.9080 should continue to cap any potential gains as we head into next week.

Exchange Rates

The current interbank midrate is: NZDAUD 0.9047     AUDNZD 1.1054

The interbank range this week has been: NZDAUD 0.8977 – 0.9099     AUDNZD 1.0990 – 1.1140

NZD/AUD (AUD/NZD)

Click here for NZDAUD charts

Impact on this currency pair:

Now at 0.9004 the New Zealand dollar (NZD) has dropped in value against the AUD from 0.9054 highs seen on Friday. Aussie political problems are to one side at the moment, but we expect these to soften the Australian dollar (AUD) on this cross in the medium term. We favour a pullback in the NZD into the sub 0.9000 level testing initial support at 0.8975 over the next day or so.

Current Level Support Resistance Last week’s range
NZD/AUD 0.8998 0.8820 0.9080 0.8997 – 0.9081
AUD/NZD 1.1114 1.1013 1.1337 1.1012 – 1.1114

NZD/AUD

Impact on this currency pair:

The New Zealand dollar (NZD) has pushed higher against the Australian dollar (AUD) during the week from lows around 0.8980 seen on Monday. Now at 0.9048, the NZD was also helped by the weaker Australian retail sales data which pressured the AUD. A push onto the 0.9080/90 level may be possible next week but any gains much over 0.9100 will most likely be seen as a good selling opportunity for those looking to transfer NZD to AUD. Click here to access NZD/AUD currency charts.

The current interbank midrate is: NZDAUD 0.9042       AUDNZD 1.1059

The interbank range this week has been: NZDAUD 0.8987 – 0.9097      AUDNZD 1.1015 – 1.1127

NZD/AUD
Direct FX – NZD to AUD Exchange Rates

AUD/NZD
Direct FX – AUD to NZD Exchange Rates

NZD to AUD

The New Zealand dollar (NZD) continues to hold firm against the Australian dollar (AUD) after last week’s weak Aussie retail sales. It is now at 0.9025 with today’s Reserve Bank of Australia rate decision not expected to have much influence. The increasing rise in commodities will favour the AUD. A break of 0.9040 would target 0.9090, but we view this as unlikely ahead of Thursday’s RBNZ meeting. Click here for currency charts.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9026 0.8820 0.9040 0.8911 – 0.9049
AUD/NZD 1.1079 1.1061 1.1337 1.1051 – 1.1223

NZD/AUD

The New Zealand dollar has bounced back against the Australian dollar on this cross helped by the better NZ employment data earlier this week and today’s lower the forecast Aussie retail sales. It should hold around current levels 0.9000 ahead of tonight’s US jobs data, as we head into next week. Looking further out a recover back toward the 0.9100 area may well unfold.

The current interbank midrate is: NZDAUD 0.8999 AUDNZD 1.1112

 

The interbank range this week has been: NZDAUD 0.8906 – 0.9027 AUDNZD 1.1078 – 1.1228

NZD/AUD

After a low of 0.8848 seen last week, the New Zealand dollar has seen a small recovery against the AUD.  Now at 0.8915 it is up from yesterday’s 0.8897 low but hardly convincing. All the action should remain off shore this week and we expect this pair to remain side-lined. We continue to believe the 0.8850 support zone will contain any periods of weakness in the near term, and a broader recovery should develop. Australian data later this week in the form of Retail Sales will be key.

Current Level Support Resistance Last week’s range
NZD/AUD 0.8922 0.8850 0.8980 0.8857 – 0.8975
AUD/NZD 1.1208 1.1135 1.1299 1.1142 – 1.1290

NZD/AUD

New Zealand dollar weakness, on the back of the coalition announcement, helped to drive this pair all the way down to a low of 0.8857 on Wednesday, ahead of the release of Australian inflation data. That data, which printed softer than forecast, triggered a quick reversal from those lows as the Australian dollar then saw sharp selling pressure. The cross bounced around 1 cent before settling around the 0.8930 level where it’s ranged since. We believe a low has probably been put in place for this move and a broader recovery toward 0.9000 may well develop over the coming week or two. Those with AUD to convert to NZD should consider dealing at current levels.

The current interbank midrate is: NZDAUD 0.8929 AUDNZD 1.1200

 

The interbank range this week has been: NZDAUD 0.8857 – 0.8953 AUDNZD 1.1169 – 1.1290

NZD to AUD

The NZD is still holding on this cross around the 0.9180-0.9200 level with no clear direction. A good dairy auction could see 0.9220 topside threatened but political uncertainty around NZ coalition will keep the NZD under the pump. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9177 0.9080 0.9220 0.9130 – 0.9233
AUD/NZD 1.0896 1.0846 1.1013 1.0831 – 1.0953

NZD to AUD

The New Zealand dollar has staged a solid recovery from 0.9100 earlier the week and is now at 0.9195.  Providing there are no shocks in coalition talks, the NZD looks to take a crack at the 0.9220 level next week, although the pair may struggle to maintain gains past that level for now. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9192    AUDNZD 1.0879

The interbank range this week has been:    NZDAUD 0.9114 – 0.9228    AUDNZD 1.0837 – 1.0972

NZD to AUD

The New Zealand dollar is now around 0.9110 AUD and looking for direction. Given the post-election moves we favour the AUD on this cross but look for a 0.9100-0.9170 range over the next few days. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9115 0.9080 0.9220 0.9109 – 0.9237
AUD/NZD 1.0971 1.0846 1.1013 1.0825 – 1.0978

NZD to AUD

This pair has also whippy trading this week as the New Zealand dollar has enjoyed a good bounce from 0.9018 AUD at the close of last week. It is now at 0.9195 and although the election provides event risk, once this is out of the way the weaker metal price could see 0.9220 tested next week. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9192    AUDNZD 1.0878

The interbank range this week has been:    NZDAUD 0.9044 – 0.9237    AUDNZD 1.0826 – 1.1058

NZD to AUD

The New Zealand dollar is now at 0.9030 vs its Australian counterpart after a 0.8972-0.9076 weekly range. This cross is finding it hard to sustain moves into the 0.89 levels, but the NZ political situation is likely to see further attempts next week. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9042    AUDNZD 1.1060

The interbank range this week has been:    NZDAUD 0.8981 – 0.9108    AUDNZD 1.0979 – 1.1134

NZD to AUD

The New Zealand dollar has no clear direction against the AUD, as it continues to trade the board 0.9050-0.8970 range. Little in the way of data this week and both the AUD & NZD will be influenced by offshore moves although AUD jobs data on Thursday has potential to provide a breakout. We believe the NZD is looking a little cheap on this cross, but uncertainty around the upcoming election will limit any near term recovery. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9024 0.8940 0.9080 0.8974 – 0.9068
AUD/NZD 1.1082 1.1013 1.1185 1.1028 – 1.1144

NZD to AUD

The New Zealand has been very choppy against its Australian cousin. The high for the week on this cross has been up at 0.9062 but it’s now back at 0.9020. The NZD has looked oversold on this cross and it may be trying to form a base. It’s tough going however with the Australian dollar benefiting from solid metals prices and a run of good data over recent weeks. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9020    AUDNZD 1.1086

The interbank range this week has been:    NZDAUD 0.8975 – 0.9068    AUDNZD 1.1028 – 1.1142

NZD to AUD

The NZD continues to suffer against the Australian dollar. It has been down to 0.8967 late last week which looks a little overdone to us. It is now back at 0.9007 and given the sharp decline some retracement is possible, but the election overhang will prevent anything much over 0.9100. A very data heavy for the Aussie this week may also have an effect. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9001 0.8850 0.9100 0.8986 – 0.9150
AUD/NZD 1.1109 1.0989 1.1299 1.0929 – 1.1129

NZD to AUD

Not a good week for the New Zealand dollar on this cross after 0.9143 on Tuesday is now down at 0.9022. It continues to look soft against the Australian dollar with election uncertainty now becoming more apparent. That being said, we don’t see any fundamental reason for the pair to continue to lose significant further ground. 0.9000 should hold going into the weekend. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9022    AUDNZD 1.1084

The interbank range this week has been:    NZDAUD 0.9025 – 0.9150    AUDNZD 1.0929 – 1.1080

NZD to AUD

The New Zealand dollar has been knocked around against the Australian dollar and continues to look weak. It is now at 0.9125 trading a narrow range in a quiet session. It should hold around current levels for the next day or so. The immediate risk remains to the downside, however we still look for a base to form around the 0.9100 area and those looking to convert AUD to NZD should take advantage of the current levels. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9118 0.9080 0.9185 0.9104 – 0.9232
AUD/NZD 1.0967 1.0887 1.1013 1.0832 – 1.0984

NZD to AUD

The New Zealand dollar has traded softly against the Australian dollar this week, dropping from the 0.9230 level seen at the start of the week. It is now holding on grimly at 0.9130 and we can’t rule out a test of 0.9080 next week. That being said, there seems little fundamental reason for the pair to continue to trend significantly lower and re believe the current levels off good value for those looking to convert AUD to NZD. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9132    AUDNZD 1.0951

The interbank range this week has been:    NZDAUD 0.9115 – 0.9256    AUDNZD 1.0804 – 1.0971

NZD to AUD

The New Zealand dollar has been in a 0.9200/0.9300 range over the last 10 days, although it’s been trading at the lower end of that range for the last 5 days. It is now at 0.9220 with little clear direction. There is not much data for NZ or Aussie this week. We expect the pair to hold around current levels and an eventual move to threaten 0.9250 over the next day or so. A break below 0.9200 would target 0.9185 then lower. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9216 0.9185 0.9250 0.9192 – 0.9303
AUD/NZD 1.0851 1.0810 1.0887 1.0749 – 1.0879

NZD to AUD

The New Zealand dollar is softer against the Australian dollar, back at 0.9230 after a low of 0.9184 earlier in the week. It is too early to tell for sure but looks as if the NZD may have formed a bottom and we will gradually grind higher over next week. A break back and hold over 0.9250 would confirm this outlook. We still see solid support around the 0.9200 area holding any periods of weakness. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9224    AUDNZD 1.0841

The interbank range this week has been:    NZDAUD 0.9192 – 0.9303    AUDNZD 1.0749 – 1.0879

NZD to AUD

The New Zealand dollar is higher at 0.9270 and continues to range trade. If AU commodities extend gains this will see the Australian dollar outperform and place pressure back on the NZD. A break of 0.9250 would target 0.9175. We still view any dips toward or below 0.9200 as a good opportunity for those looking to transfer AUD to NZD. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9279 0.9200 0.9350 0.9206 – 0.9337
AUD/NZD 1.0777 1.0695 1.0870 1.0711 – 1.0863

NZD to AUD

The New Zealand dollar is currently around 0.9242 vs the AUD. There is good support around the 0.9200 area and for the time being we expect that to contain this period of weakness. Longer term, we still favour the NZD against the Australian dollar but the current trend is weaker and it will likely remain soft over the coming sessions. We view the current level, or any potential further weakness, as a good opportunity for those who are looking to transfer AUD to NZD. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9245    AUDNZD 1.0816

The interbank range this week has been:    NZDAUD 0.9206 – 0.9372    AUDNZD 1.0670 – 1.0863

NZD to AUD

The New Zealand dollar has broken down on the lower side of the range and is currently around 0.9280. We still favour the NZD longer term against the Australian dollar but some weakness may persist induced by the RBNZ this week. The pair should hold above 0.9220 ahead of Thursday. Direction after that will depend on the tone of the RBNZ statement. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9285 0.9220 0.9350 0.9277 – 0.9383
AUD/NZD 1.0770 1.0695 1.0846 1.0657 – 1.0779

NZD to AUD

The New Zealand dollar has remained in the narrow 0.9340-0.9410 range over the last few days. It’s now at 0.9354 against the Australian dollar and there is still no major trend to follow. However, the RBNZ statement next Thursday may provide the break-out of this current range. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9334    AUDNZD 1.0713

The interbank range this week has been:    NZDAUD 0.9306 – 0.9441    AUDNZD 1.0592 – 1.0745

NZD to AUD

Although we have seen slightly disappointing Australian data this week along with a strong NZ trade balance, action in this pairing has largely been driven by volatility in the wider market. Both the New Zealand dollar and the Australian dollar saw periods of strength this week on the back of broad based USD weakness, and that volatility has been a big driver of the NZDAUD cross rate. The reality is the pair has traded sideways for much of the week, but it’s been choppy back and forth around the 0.9380 area (1.0661). With overall direction lacking at the moment we can expect more of the same in the near term. Topside resistance comes in around 0.9465 (support at 1.0565) and I would expect that to cap any potential gains as we head into next week. There is minor support around 0.9330 (resistance 1.0718), with any move below there opening the way for another test toward 0.9200 (1.0870). Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9396    AUDNZD 1.0643

The interbank range this week has been:    NZDAUD 0.9299 – 0.9424    AUDNZD 1.0611 – 1.0754

NZD to AUD

One of the most surprising aspects about last week’s price action was the strength of the bounce the New Zealand dollar made of its 0.9222 low (1.0844 high) against its Australian cousin. The NZDAUD bounced in quick fashion all the way to 0.9429 (1.0606), before the recovery eventually ran out of steam. Positive comments from Finance Minister Joyce certainly helped the move and it now leaves near term direction a little undecided. We do favour the downside been tested again over the coming week, but after such a strong recovery sellers will be a little more cautious. I would expect resistance around 0.9460 (support around 1.0571)  to cap and further attempts to rally over the course of this week, that is assuming we don’t get a negative surprise from Australian inflation data on Wednesday. That data will be the highlight from an otherwise light economic calendar. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9379 0.9220 0.9460 0.9222 – 0.9424
AUD/NZD 1.0062 1.0571 1.0846 1.0611 – 1.0844

NZD to AUD

For much of this week the New Zealand dollar has simply been outperformed by its Australian cousin. Upbeat RBA minutes have combined with a solid Australian employment report to underwrite the Australian dollar’s gains. The pair traded to a low of 0.9222 in the immediate aftermath of yesterday’s jobs data, although that was short lived. Last night the NZD managed to claw back some if its losses against the AUD and we currently trade around the 0.9300 level. It’s far from a major reversal at this stage however, and the risks are skewed toward a renewal of the downtrend over the coming sessions. That being said, our view is that the pair could easily make a medium term low somewhere between 0.9100 and 0.9200 so we’re not getting too carried away with expectations for wholesale declines from here. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9309    AUDNZD 1.0743

The interbank range this week has been:    NZDAUD 0.9222 – 0.9466    AUDNZD 1.0564 – 1.0844

NZD to AUD

The Australian dollar outperformed the New Zealand dollar last week helping to drive the cross rate down to the 0.9380 level, where it traded for much of yesterday. This morning however the NZD has been dealt a significant blow with softer than forecast inflation data hitting the wires and that’s seen the cross trade to a low of 0.9320 so far. The focus remains on the downside and a test of support around 0.9300. That may contain this initial bout of weakness, but if tonight’s dairy auction also produces a negative surprise, we can expect a break below that level. In that case the target would quickly move to 0.9100.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9335 0.9300 0.9500 0.9323 – 0.9542
AUD/NZD 1.0712 1.0526 1.0753 1.0480 – 1.0726

NZD to AUD

The New Zealand dollar has been outperformed by its Australian cousin this week and that’s pushed the cross rate back down below 0.9500 (above 1.0526). The Australian dollar has actually been the standout performer over recent days helped by some better than forecast data and rising gold prices. I suspect however the much of the recent gains in the AUD are been driven by changing interest rate expectations. Forecasters who had been suggesting the next rate move from the Reserve Bank of Australia (RBA) was likely to be an interest rate cut, are now revising their outlook to are more stable interest rate forecast and the currency is therefore getting revalued on that basis. We continue to believe that selling into any NZDAUD strength is right play. The broad parameters of 0.9100 to 0.9600 should continue to contain the pair over the coming months. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9466    AUDNZD 1.0564

The interbank range this week has been:    NZDAUD 0.9438 – 0.9618    AUDNZD 1.0398 – 1.0596

NZD to AUD

The past month has seen the New Zealand dollar trapped within a 0.9480 to 0.9650 (1.0550 to 1.0363) range against its Australian cousin. The market is currently sitting bang in the middle of the range around 0.9565 (1.0455). We favour selling into strength for the pair as we don’t think interest rate differentials justify a move above the 0.9650 (1.0363) area. Both central banks are on hold until next year, when we believe they will both eventually hike rates. We believe a move back below 0.9300 (above 1.0753) holds a much greater probability than a move above 0.9700 (below 1.0309). Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9531 0.9480 0.9650 0.9477 – 0.9618
AUD/NZD 1.0492 1.0363 1.0550 1.0398 – 1.0552

NZD to AUD

This pair has ended the week better than we expected with the New Zealand dollar now knocking on the door of 0.9600 thanks to the RBA earlier in the week. A look at 0.9650 later next week might be possible but we continue to feel these levels won’t be sustained. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9601    AUDNZD 1.0415

The interbank range this week has been:    NZDAUD 0.9477 – 0.9618    AUDNZD 1.0398 – 1.0552

NZD to AUD

Now around 0.9480 and looks as if a test of 0.9450 might be on the cards for the NZDAUD. We expect the RBA to hold firm, but the wording of the statement will be closely examined for any hint of a change towards a hawkish tone. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9500 0.9450 0.9560 0.9477 – 0.9629
AUD/NZD 1.0526 1.0460 1.0582 1.0385 – 1.0552

NZD to AUD

The NZD ends the week lower on against the Australian dollar. It is down around 0.9498 after being up at 0.9630 earlier. A break of 0.9480 would portend for lower moves but should initially hold at 0.9450. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9518    AUDNZD 1.0507

The interbank range this week has been:    NZDAUD 0.9492 – 0.9633    AUDNZD 1.0381 – 1.0535

NZD to AUD

The New Zealand dollar looks solid against its Australian cousin. Currently around 0.9610 after a 0.9635 high last week. Any push lower would find initial support at 0.9560 but look for consolidation around either side of the 0.9600 level for the next couple of days. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9596 0.9560 0.9635 0.9516 – 0.9641
AUD/NZD 1.0421 1.0378 1.0460 1.0373 – 1.0509

NZD to AUD

The NZD is hanging onto the AUD 0.9500 level by its fingernails, has bounced back from 0.9482 last week and is currently at 0.9522, should hold around this level unless the RBNZ rhetoric is overly negative to the NZD on Thursday. The fundamentals are still supportive of the NZD. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9519 0.9500 0.9615 0.9477 – 0.9601
AUD/NZD 1.0506 1.0400 1.0526 1.0415 – 1.0551

NZD to AUD

Softer than expected NZ GDP data combined with a positive Australian employment report yesterday to pressure this pair. The New Zealand dollar has spent close to two weeks ranging above 0.9500 (below 1.0526) but yesterday’s data seems to have dealt it a significant blow. A period of Australian dollar outperformance may well push the pair back down toward 0.9400 (up toward 1.0638) over the coming week. Key resistance comes in around 0.9525 (support 1.0500) and while below that level the risk are skewed to the downside for the pair. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9499    AUDNZD 1.0528

The interbank range this week has been:    NZDAUD 0.9477 – 0.9601    AUDNZD 1.0415 – 1.0551

NZD to AUD

The New Zealand dollar is again easier on this cross as the AUD has regained some ground over the past week. Itis now at 0.9544 after a low yesterday of 0.9517. while we have not discounted another move back over 0.9600 it’s now hard to see this occurring ahead of the US Fed statement on Thursday. Solid resistance just above 0.9600 should keep a cap on the pair in the near term. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9550 0.9500 0.9615 0.9509 – 0.9595
AUD/NZD 1.0471 1.0400 1.0526 1.0422 – 1.0516

NZD to AUD

The New Zealand dollar has pulled back a little on this cross as AUD data has not been as bad as expected and the RBA remains positive on growth. Now trading at 0.9540 after Monday’s 0.9610 high, but we look for another push over 0.9600 early next week. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9536    AUDNZD 1.0487

The interbank range this week has been:    NZDAUD 0.9509 – 0.9623    AUDNZD 1.0392 – 1.0516

NZD to AUD

The New Zealand dollar continues to outperform it’s Australian cousin. Now trading at 0.9560 after the weaker Aussie current account data earlier this afternoon, it made a high of 0.9615 on Friday and given the softer Aussie data if tomorrow’s Q1 GDP weakens look for a retest of resistance at 0.9615 then 0.9625. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9568 0.9500 0.9615 0.9470 – 0.9623
AUD/NZD 1.0451 1.0400 1.0526 1.0392 – 1.0559

NZD to AUD

The New Zealand dollar has been dominant on this cross breaking into the 0.9500 region and pulling up to a high of 0.9574 after yesterday’s Chinese data knocked the Aussie. It is possible for a move into the 0.9600 level, but the air is pretty thin for the NZD at these levels and next week’s RBA comments will be critical for future direction. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9567    AUDNZD 1.0453

The interbank range this week has been:    NZDAUD 0.9437 – 0.9581    AUDNZD 1.0437 – 1.0597

NZD to AUD

The New Zealand dollar continues to outperform the AUD, making a 0.9524 high last night, the highest level in 3 months. It has eased back to the 0.9490 level but looks to have good support and we expect consolidation around current levels before another push towards 0.9525. NZ fundamentals remain supportive and outweigh the more negative Aussie economic fundamentals. Further detrimental Chinese data will weaken the AUD on this cross. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9487 0.9400 0.9525 0.9355 – 0.9531
AUD/NZD 1.0541 1.0498 1.0638 1.0492 – 1.0690

NZD to AUD

The New Zealand dollar has had a solid week against its Australian cousin. The pair has rallied from last Friday’s low of 0.9247 (1.0823) to trade to a high last night of 0.9439 (1.0594). Solid NZ fundamentals have underpinned the move, but the Australian dollar has also suffered on the back of soft commodities and Moody’s downgrade of China. While the focus remains on the NZD topside for now, the pair is finding gains above 0.9400 (1.0638) much harder fought. We expect this to continue and those looking to purchase AUD should look at current levels as a good opportunity to start averaging in. The next key resistance level comes in around 0.9460 (1.0571) and this will prove very difficult for the pair to overcome. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9407    AUDNZD 1.0630

The interbank range this week has been:    NZDAUD 0.9247 – 0.9439    AUDNZD 1.0594 – 1.0815

NZD to AUD

The New Zealand dollar opens the week back over the 0.9300 level up at 0.9346 against its Australian cousin. If it can consolidate around these levels we look for a move to the 0.9400/20 level over the week as NZ fundamentals still outperform those of Aussie. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9354 0.9300 0.9400 0.9247 – 0.9377
AUD/NZD 1.0690 1.0638 1.0753 1.0664 – 1.0664

NZD to AUD

The New Zealand dollar continues to struggle against the AUD. It has been back to 0.9340/45 but can’t hold over 0.9300 for any period of time. We favour buying dips just on the positive NZ fundamentals but if it continues below 0.9300 look for an extension lower. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9268    AUDNZD 1.0790

The interbank range this week has been:    NZDAUD 0.9254 – 0.9350    AUDNZD 1.0695 – 1.0806

NZD to AUD

The New Zealand dollar has had trouble recovering on this cross after the RBNZ statement last Thursday. It’s now at 0.9290 and given the weaker Australian dollar tone it should push through 0.9300 back to the 0.9320/30 level in the next day or so. Buying into dips is the favoured play for now. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9291 0.9250 0.9400 0.9254 – 0.9424
AUD/NZD 1.0763 1.0638 1.0811 1.0612 – 1.0806

NZD to AUD

After being up at 0.9420 before the RBNZ statement, the New Zealand dollar fell to 0.9290, is now down at 0.9256 and appears to have got some buying support. We still favour the NZD’s better economics to push it back towards 0.9350 and above next week. Click here to access the NZD/AUD exchange rates chart.

The current interbank midrate is:    NZDAUD 0.9266    AUDNZD 1.0792

The interbank range this week has been:    NZDAUD 0.9255 – 0.9424    AUDNZD 1.0612 – 1.0805

NZD to AUD

The Aussie budget should not have much effect on the Australian dollar. We still favour New Zealand dollar fundamentals holding the kiwi stronger on this cross. A break over 0.9400 looks likely over the next few days. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9381 0.9300 0.9400 0.9165 – 0.9393
AUD/NZD 1.0660 1.0638 1.0753 1.0646 – 1.0911

NZD to AUD

Both the New Zealand dollar and Aussie dollar have suffered on the commodity sell off. The cross is currently at 0.9268 after a low this week of 0.9137, with iron prices lower again the NZD is favoured on this cross and we look for a move back over 0.9300 next week. Click here to access the NZD/AUD exchange rates chart.

The current interbank midrate is:    NZDAUD 0.9278    AUDNZD 1.0778

The interbank range this week has been:    NZDAUD 0.9145 – 0.9286    AUDNZD 1.0769 – 1.0935

NZD to AUD

The New Zealand dollar has bounced back against the Australian dollar after a 0.9145 low last night. It is now trading at 0.9185 vs AUD with potential to push back over 0.9200. Today’s RBA statement may provide direction for such a move. We see the risks for the pair now back on the topside. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9174 0.9100 0.9200 0.9145 – 0.9254
AUD/NZD 1.0899 1.0989 1.0869 1.0806 – 1.0935

NZD to AUD

The New Zealand dollar has had a strong week against its Australian cousin, continuing the broad recovery from the sub 0.9100 lows in Mid-March. We expect the NZDAUD to grind its way higher toward 0.9500 over the coming weeks. Stronger than forecasted NZ inflation data yesterday certainly helped the NZD, although overnight the currency has given back a large part of those gains. Immediate support comes in around 0.9280 and while above that level the focus remains on the topside. Click here to access the NZD/AUD exchange rates chart.

The current interbank midrate is:    NZDAUD 0.9290    AUDNZD 1.0764

The interbank range this week has been:    NZDAUD 0.9229 – 0.9394    AUDNZD 1.0645 – 1.0835

NZD to AUD

The New Zealand dollar struggled to kick on with gains against its Australian cousin last week as resistance ahead of the 0.9300 level capped the topside. A very strong Australian employment number on Thursday then drove the pair down to the weeks low at 0.9210. The NZD has recovered to now trade around 0.9250, but last week’s failure on the topside would suggest further gains will be limited in the near term. Look for further ranging between 0.9200 and 0.9300 unless we get a big surprise from this week’s diary action or NZ inflation. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9273 0.9200 0.9300 0.9219-0.9289
AUD/NZD 1.0784 1.0725 1.0869 1.0765 – 1.0847

NZD to AUD

The New Zealand dollar continues to hold firm against its Australian cousin. It’s currently trading around 0.9260 after an overnight high of 0.9282. Poor Aussie jobs data on Thursday could push this cross to 0.9300 and above. We continue to see the risks as skewed to the topside for this pairing. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9265 0.9200 0.9300 0.9175-0.9290
AUD/NZD 1.0790 1.0799 1.0869 1.0764 – 1.0899

NZD to AUD

The New Zealand dollar has ground higher over the last week as the Australian dollar is hit by weaker fundamentals and RBA concerns. It is up nearly 100 pips at 0.9250 since the start of the week. A break of 0.9260 looks imminent which would then target 0.9300. Click here to access the NZD/AUD exchange rates chart.

The current interbank midrate is:    NZDAUD 0.9248    AUDNZD 1.0813

The interbank range this week has been:    NZDAUD 0.9120 – 0.9263    AUDNZD 1.0796 – 1.0965

NZD to AUD

Currently at 0.9230 after lows around 0.9110 last week. Given the weaker tone to the Australian economy we expect this cross to perform in the New Zealand dollars favour in the short term. Today’s RBA statement has potential to see this cross run to a test of last week’s highs around the 0.9260 level. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9196 0.9100 0.9260 0.9119-0.9248
AUD/NZD 1.0874 1.0799 1.09899 1.0814 – 1.0967

NZD to AUD

The New Zealand dollar was trading round 0.9250 AUD only 3 days ago, but since then we’ve seen a sharp turnaround and the pair is now testing 0.9150. There hasn’t been anything fundamental to drive the move, with little in the way of key data released from either country this week, and as such we suspect support around the 0.9100 level will continue to contain the weakness. That being said, it looks like the pair may well test that level over the coming days. Next weeks should provide more lead in terms of economic data with Australian retails sales, the RBA rate meeting, and another Global Dairy Auction to digest. Click here to access the NZD/AUD exchange rates chart.

The current interbank midrate is:    NZDAUD 09152    AUDNZD 1.0926

The interbank range this week has been:    NZDAUD 0.9137 – 0.9264    AUDNZD 1.0794 – 1.0945

NZD to AUD

The New Zealand dollar is still outperforming the Australian dollar on this cross. After an overnight high of 0.9258 it is back at 0.9225 but looks to have another test of the 0.9290 level. If broken an extension to 0.9350 is possible but this would rely on continuing weak metal prices. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9227 0.9200 0.9270 0.9115-0.9264
AUD/NZD 1.0838 1.0787 1.0869 1.0794 – 1.0971

NZD to AUD

The New Zealand dollar continues to grind higher against the Australian dollar coming from a low of 0.9106 3 days ago to 0.9231 overnight. Is now back at 0.9205 and looks set to move higher next week as the weaker iron ore price knocks the AUD. However both currencies remain at risk from USD volatility. Click here to access the NZD/AUD exchange rates chart.

The current interbank midrate is:    NZDAUD 0.9197    AUDNZD 1.0874

The interbank range this week has been:    NZDAUD 0.9088 – 0.9238    AUDNZD 1.0825 – 1.1003

NZD to AUD

The New Zealand dollar has had a better few days against the Australian dollar. It’s currently at 0.9130 after a low last week of 0.9066, above the 0.9050 support.  Immediate resistance is now at 0.9140. Tomorrow’s GlobalDairy result could see some NZD downside if prices disappoint. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9132 0.9050 0.9180 0.9074-0.9168
AUD/NZD 1.0950 1.0893 1.1050 1.0908 – 1.1021

NZD to AUD

The New Zealand dollar has tracked lower against the Australian dollar all week. It started at 0.9183 and is now around 0.9084, having made a low for the week of 0.9066. The bad NZ GDP data was somewhat balanced out by weaker Aussie jobs data, but it is the NZD that continues to struggle, next stop 0.9050. Click here to access the NZD/AUD exchange rates chart.

The current interbank midrate is:    NZDAUD 0.9097    AUDNZD 1.0993

The interbank range this week has been:    NZDAUD 0.9074 – 0.9206    AUDNZD 1.0862 – 1.1021

NZD to AUD

The New Zealand dollar continues to struggle against the Australian dollar. It’s now at 0.9150 after a 0.9125 low yesterday. The AUD remains supported by continued firm commodity prices, 0.9080 is next major support level but given the drop over the last week an NZD rebound to the 0.9225/50 level should not be discounted. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9150 0.9080 0.9225 0.9134-0.9222
AUD/NZD 1.0929 1.0840 1.1013 1.0843 – 1.0948

NZD to AUD

Another bad week for the New Zealand dollar on this cross, dropping from 0.9270 at the beginning of the week to a low of 0.9152. It is now back at 0.9180 and looks to have stabilised, a move back initially to 0.9225 looks possible but both currencies are overshadowed by US NF-Payrolls and the FOMC meeting next week. We favour a small retracement next week to the 0.9250/0.93 level. Click here to access the NZD/AUD exchange rates chart.

The current interbank midrate is:    NZDAUD 0.9180    AUDNZD 1.0894

The interbank range this week has been:    NZDAUD 0.9152 – 0.9333    AUDNZD 1.0715 – 1.0926

NZD to AUD

The New Zealand dollar continues to weaken against the Australian dollar and is now at 0.9210 with next stop around 0.9195. It continues to look soft against the AUD given the change of stance between the two Central banks, if the RBA is at all hawkish this afternoon look for further weakness in the NZDAUD cross. Click here to access the NZD/AUD exchange rates chart.

Current Level Support Resistance Last week’s range
NZD/AUD 0.9216 0.9195 0.9270 0.9204-0.9417
AUD/NZD 1.0851 1.0787 1.0875 1.0619 – 1.0864

NZD to AUD

The New Zealand dollar has struggled against the Aussie all week pushing against support at 0.9280 (1.0775). However, a surprise bad Aussie trade figure yesterday saw this cross back to the 0.9320/30 (1.0718) level. Both currencies were hit hard overnight by the USD surge but this cross has only marginally weakened and is now at 0.9315 (1.0735). Look for another test of the 0.9280/85 level next week but if this is not broken a bounce to the 0.9400 (1.0638) level may ensure. Click here to access the NZD/AUD exchange rates chart.
The current interbank midrate is:    NZDAUD 0.9323    AUDNZD 1.0727

The interbank range this week has been:    NZDAUD 0.9289 – 0.9417    AUDNZD 1.0619 – 1.0766