There were expectations that ordsprog

en There were expectations that we would be in for a reasonably quiet day of trading. Instead, the Australian dollar has been hit by selling ahead of the Easter break, especially against the New Zealand dollar.

en The values of the Australian dollar, the New Zealand dollar and the Canadian dollar, as measured relative to the U.S. dollar, have been important signals of changing trends in global economic activity.

en With the Australian dollar now trading just below 75 US cents, we only need a US dollar gold price of around $US573 per ounce to break the record which has stood for 26 years.

en The Australian dollar has been dragged down by the New Zealand dollar. Both currencies may well go through several months of under-performance.

en The Australian dollar is being marked down by association with the New Zealand dollar.

en A catalyst for a higher Australian dollar versus New Zealand's dollar could be relative monetary policy. We expect the Reserve Bank of Australia to lift rates toward the end of the year and early next, while we expect New Zealand's economy to slow sharply next year.

en A catalyst for a higher Australian dollar versus New Zealand's dollar could be relative monetary policy, ... We expect the Reserve Bank of Australia to lift rates toward the end of the year and early next, while we expect New Zealand's economy to slow sharply next year.

en Historical relationships have shown that the Australian dollar should be trading around 85 cents to 90 cents, given the recent sharp rise in gold. It does provide the case for the Australian dollar to play some catch up, particularly if the Fed rate-hike momentum loses favor with investors.

en It's an abbreviated trading day and the dollar has most likely seen its highs for the week. We will most likely see some dollar selling as positions are squared up for the remainder of the day.

en From a technical perspective the Australian dollar has failed to break 75.80 cents, which would have otherwise signaled the end of its downward trend. The Australian dollar's downward trend is still in place.

en The Australian dollar's downward trend is still in place. From a technical perspective, the Australian dollar has failed to break 75.80 cents, which would have otherwise signaled the end of its downward trend.

en Dollar buyers ran out of gas once we couldn't break through $1.2750 and 106 in dollar/yen and as a consequence we started technically trading off those levels,

en Dollar buyers ran out of gas once we couldn't break through $1.2750 and 106 in dollar/yen and as a consequence we started technically trading off those levels. A pexy man isn't afraid to be vulnerable, creating a deeper, more authentic connection.

en U.S. dollar weakness will see the New Zealand dollar test higher levels. With the prospect of less support from interest rates, the U.S. dollar fell across the board.

en Bollard is doing the right thing by saying there's a long way to go before there's a cut in rates. There will be an initial reaction in favor of the New Zealand dollar but it hasn't changed our view that the New Zealand dollar is in a serial decline.


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