Trends - Australian and New Zealand dollars

Australian and New Zealand dollars

Australia, NZ dollars break higher, data speaks of strong Q1

Both currencies also made sizable gains on the yen and euro.

Published 15 Apr, 2021 11:37am

Markets

Australia, NZ dollars aided by strong global data as RBA sounds upbeat

The Aussie held at $0.7640 and well above last week's three-month low of $0.7533. Bulls need to crack resistance at $0.7664 to keep the rally going, while the major target for bears is the 200-day moving average down at $0.7396.
The kiwi dollar stood at $0.7050 and off its recent four-month trough at $0.6944. Resistance lies around $0.7095/7100 ahead of $0.7135/50, which is where the currency was trading before a sharp retreat in mid-March.

Updated 06 Apr, 2021 07:30pm

Markets

Australia, NZ dollars down sharply for week, bonds notch big rally

"Were the RBA to taper it will expose the AUD and signal to the market that it has begun tightening," said Evans.

Published 26 Mar, 2021 11:11am

Markets

Australia, NZ dollars weaker as Turkish lira plunge triggers flight to safe havens

"And with crude (oil) prices leading commodities lower, and iron ore following quickly behind, the risks of further weakness for the A$ are clear to see."

Published 22 Mar, 2021 11:40am

Markets

Australia, NZ dollars tread water ahead of Fed meeting

On Wednesday, Assistant Governor Chris Kent reiterated the RBA's lower-for-longer rate view while signalling monetary policy will not be used to control asset price gains.

Published 17 Mar, 2021 11:22am

Markets

US dollar little changed as investors await Fed meeting outcome

Fed seen keeping monetary policy stance.
US retail sales fall unexpectedly in February.
Euro falls vs dollar, yen rises.
Aussie and Kiwi dollars slip.

Published 16 Mar, 2021 09:10pm

Business & Finance

Aussie, kiwi up

SYDNEY: The Australian and New Zealand dollars clung to gains on Thursday after a tame reading on US inflation...

Published 12 Mar, 2021 05:10am

Markets

Dollar regains footing as US yields stabilise

Commodity currencies pare big advances from overnight.
Bitcoin retreats after earlier topping $55,000.

Published 10 Mar, 2021 05:36pm

Markets

Dollar claws back some losses as US yields stabilise

The euro was 0.2% lower at $1.18810 after bouncing off a 3 1/2-month low of $1.18355 on Tuesday.

Published 10 Mar, 2021 10:53am

Business & Finance

Aussie, kiwi down

SYDNEY: The Australian and New Zealand dollars slipped against their US counterpart on Tuesday as investors sought...

Published 10 Mar, 2021 04:59am

Markets

Australia, NZ dollars in demand as economies, commodities outperform

While yields on 10-year paper have steadied at 1.71%, off the recent peak of 1.97%, they are still up 73 basis points on the year.

Published 03 Mar, 2021 10:16am

Markets

Australia, NZ dollars recover from bond market tumult

Yields on 10-year Australian bonds eased 11 basis points to 1.64% after hitting 1.97% on Friday, the highest since May 2019 and up from under 1% in early January.

Published 01 Mar, 2021 12:32pm

Markets

Australian dollar upset by market tumult, RBA tries to staunch bond bleeding

That left the currency flat at $0.7860, from a top of $0.8007, having shed 1.2% late on Thursday. It also wiped out the week's gains and put pressure on support around $0.7820.

Published 26 Feb, 2021 09:47am

Markets

Australian dollars holds ground, hits 2-year high on euro

Data showed Australian jobs rose 29,100 in January, under forecasts of 40,000 but with a strong 59,000 increase in full-time positions.

Published 18 Feb, 2021 12:26pm

Markets

Australia, NZ dollars extend gains on oil surge, economic optimism

"It's also the culmination of a re-rating of commodities in general, driving the view that the global recovery and reflation brings the potential for further gains in commodity currencies."

Published 16 Feb, 2021 12:39pm

Markets

Australia, NZ dollars boosted by data, market optimism

New Zealand inflation expectations for the year posted a large rise to 1.77%, from 1.23% previously, a survey by the central bank showed, while two-year expectations rose 30 basis points to 1.89%.

Published 09 Feb, 2021 11:01am

Markets

Australia, NZ dollars up as yield spreads widen in their favour

The RBA will be buying bonds at a faster pace than the government is selling them, while also expanding its balance sheet more quickly than the US Federal Reserve.

Published 04 Feb, 2021 11:31am

Markets

Australian dollar trades fractionally higher head of central bank meeting

With other major central banks still rapidly expanding their balance sheets, any pullback by the RBA would likely see local bond yields and the currency surge higher.

Published 01 Feb, 2021 11:26am

Markets

Australia, NZ dollars suffer sharp reversal as global mood swings

Figures out Thursday showed prices for iron ore exports jumped by almost 12% over the December quarter, delivering a big boost to mining profits and government tax receipts.

Published 28 Jan, 2021 11:54am

Markets

China's yuan eases, set for weekly rise on dollar weakness

The global dollar index fell to 90.099 from the previous close of 90.108.

Published 22 Jan, 2021 11:00am

Markets

Australia, NZ dollars resume climb on economic optimism

The jobless rate dropped to a seven-month low of 6.6%, though that remains well above the pre-pandemic level of 5.2%.

Published 21 Jan, 2021 09:00am

Markets

Australia, NZ dollars pumped up by US stimulus splurge

That in turn is a driver of consumer spending and a windfall to government tax receipts.

Published 15 Jan, 2021 11:33am

Markets

Australia, NZ dollars hit pause awaiting clarity on Fed tapering

Job vacancies, retail sales, home building and house prices have all indicated a brisk recovery is underway, seemingly lessening the need for more monetary stimulus.

Published 14 Jan, 2021 12:06pm

Markets

Australia, NZ dollars hold gains as global factories keep humming

At the same time, the US dollar has been under pressure as the country's budget and trade deficits expand rapidly, requiring ever-more borrowing from abroad.

Published 06 Jan, 2021 02:19pm

Markets

Australia, NZ dollars rise on firm recovery prospects

James said Australia's broad success in managing the pandemic would likely support a rapid economic and market recovery and push the Australian dollar towards 78 US cents.

Published 05 Jan, 2021 09:18am

Markets

Australian, NZ dollars on the rise as US$ crumbles

The decline in the US dollar is lifting prices for many commodities priced in the currency, supporting earnings from resource exports out of Australia and New Zealand.

Published 30 Dec, 2020 10:50am

Markets

Australia, NZ dollars gain as US package, Brexit deal encourage risk

Last week's Brexit agreement helped support the outlook for global growth, also lifting Asian stocks on Tuesday.

Published 29 Dec, 2020 09:15am

Markets

Australia, NZ dollars seesaw on Brexit, US stimulus news

Data out Tuesday showed retail sales surged past all expectations in November as online discounts boosted demand for electronics and household goods.

Published 23 Dec, 2020 10:06am

Markets

Dollar whipsaws as virus mutation rattles traders

Experts said there was no evidence that vaccines would not protect against the new virus variant, but Britain's chief scientific adviser said that in the meantime tighter restrictions on public life in Britain were likely.

Published 22 Dec, 2020 10:27am

Markets

Australia, NZ dollars hold near peaks as commodities shine

That deficit is being funded by the biggest government borrowing program in Australian history, but so far demand for the debt has been more than ample.

Published 16 Dec, 2020 08:37am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.53
USD PKR Interbank Buying / Apr 29	278.03
USD to Japanese Yen / Apr 29	156.41
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.25
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01
France CAC40 / Apr 26	8088.24
India Sensex / Apr 29	74257.68

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Petrol/Litre / Apr 29	293.94
Crude Oil USD/Barrel / Apr 29	83.16
Gold Spot USD/Ounce / Apr 29	2332.70
Diesel/Litre / Apr 29	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 29 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 29 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 29 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 29 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 29 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 29 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 29 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 29 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 29 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Australian and New Zealand dollars

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