We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
Bearish
Oil - US Crude
Bearish
Wall Street
Mixed
Gold
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
GBP/USD
Bullish
USD/JPY
Bearish
More View more
Real Time News
  • Heads Up:🇮🇳 Inflation Rate YoY (JUN) due at 12:00 GMT (15min) Expected: 5.3% Previous: 5.91% https://www.dailyfx.com/economic-calendar#2020-07-13
  • RT @DanielGMoss: #Silver surging to fresh yearly highs as the RSI bursts into overbought territory Significant change in sentiment as pri…
  • Join @MBForex at 8:30 AM ET/12:30 PM GMT for his weekly strategy #webinar Register here: https://t.co/VAnAfZU02T https://t.co/fu8UmwtSkz
  • Heads Up:🇧🇷 BCB Focus Market Readout due at 11:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-07-13
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.95%, while traders in US 500 are at opposite extremes with 73.16%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/PQBbkVhsYC
  • Tune in to @CVecchioFX 's #webinar at 7:30 AM ET/11:30 AM GMT for insight on major event risk in the week ahead. Register here: https://t.co/X8TIhpKxtF https://t.co/cY4d8HuulB
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Silver: 1.76% Gold: 0.55% Oil - US Crude: -1.72% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/3jrww8p1wR
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.34% 🇪🇺EUR: 0.24% 🇨🇦CAD: 0.18% 🇨🇭CHF: -0.04% 🇬🇧GBP: -0.09% 🇯🇵JPY: -0.16% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/MrwBNuRDKM
  • Further gains in USD/IDR could be curbed as USD/PHP establishes a floor around 2017 lows. USD/MYR may fall next as USD/SGD fast approaches a key falling trend line.Get your #ASEAN currencies market update from @ddubrovskyFX here:https://t.co/9JgZm2n8Fl https://t.co/uJE0fNg0UJ
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Germany 30: 1.07% FTSE 100: 1.03% France 40: 0.98% Wall Street: 0.62% US 500: 0.53% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/gEAqOTqF0h
NZ Terms of Trade Worsen, Kiwi Response Muted

NZ Terms of Trade Worsen, Kiwi Response Muted

2012-02-29 22:00:00
Lujia Lin,
Share:

NZ terms of trade worsen, but less than expected > Markets still focused on Bernanke testimony > NZD flat

The New Zealand Dollar was barely changed after data showing that the nation’s terms of trade worsened by less than expected in the 4th quarter of 2011. According to the data, an index tracking the prices of the South Pacific economy’s exports versus the prices of its imports fell 1.4 percent, less than consensus estimates of a 1.9 percent drop. The change for the 3rd quarter was revised up from minus 0.7 percent to minus 0.6 percent. The figures come after trade data earlier this month showing that New Zealand unexpectedly ran a trade deficit in January.

NZ_Terms_of_Trade_Worsen_Kiwi_Response_Muted_body_Picture_5.png, NZ Terms of Trade Worsen, Kiwi Response Muted

Chart generated using FXCM Strategy Trader

Reaction to the data on the currency markets was muted, with the Kiwi having already experienced a sharp move lower against the US Dollar after Fed Chairman Ben Bernanke dampened expecations of further monetary stimulus.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.