The Opening Bell: Where currencies start on Monday, July 16, 2018

no deposit options trader
Ayrex
binary options
Tweet

By Dan Bell

The NZDUSD opens at 0.6761 (mid-rate) this morning.

The NZD edged lower against all its major rivals on Friday, with markets on the whole lacking direction.

The USD came under pressure late on Friday after the University of Michigan released its preliminary consumer sentiment report for the month of July. The report showed an unexpected fall in consumer sentiment with the index slipping to 97.1 in July, following on from a final June reading of 98.2. The index had been forecast to remain unchanged.

The British pound lost ground against the majors after President Trump, during an interview with The Sun newspaper said that a  “soft Brexit” strategy would “affect trade with the United States, unfortunately in a negative way.” Trump believes that the current proposed Brexit deal would mean that the US would be dealing with the European Union instead of dealing with the UK, so it will probably kill the deal.

The key drivers during our trading session today will come from China’s data dump due to hit the tapes at 2:00pm, while tomorrow’s quarterly inflation report will dictate direction for the NZD this week.

Global equity markets edged higher on Friday, – Dow +0.38%, S&P 500 +0.10%, FTSE +0.14%, DAX +0.38%, CAC +0.43%, Nikkei +1.85%, Shanghai -0.23%.

Gold prices slipped lower on  Friday down 0.5% closing out the week at $1,241 an ounce. WTI Crude Oil prices fell back below $70 a barrel on Friday, to close out the week at $69.95 a barrel.

Current indicative rates:

NZDUSD0.6761-0.1%
NZDEUR 0.5785-0.3%
NZDGBP0.5109-0.3%
NZDJPY75.91-0.3%
NZDAUD0.9121-0.3%
NZDCAD0.8892-0.3%
GBPNZD1.95730.3%

 

 

 

 

 

To subscribe to our free daily Currency Rate Sheet and News email, enter your email address here.

Email:  

Dan Bell is the senior currency strategist at xe money transfer in Auckland. You can contact him here »

Daily exchange rates

Select chart tabs »

The ‘US$’ chart will be drawn here.
Loading…
Daily benchmark rate
Source: RBNZ

The ‘AU$’ chart will be drawn here.
Loading…
Daily benchmark rate
Source: RBNZ

The ‘TWI’ chart will be drawn here.
Loading…
Daily benchmark rate
Source: RBNZ

The ‘¥en’ chart will be drawn here.
Loading…
Daily benchmark rate
Source: RBNZ

The ‘¥uan’ chart will be drawn here.
Loading…
Daily benchmark rate
Source: RBNZ

The ‘€uro’ chart will be drawn here.
Loading…
Daily benchmark rate
Source: RBNZ

The ‘GBP’ chart will be drawn here.
Loading…
Daily benchmark rate
Source: RBNZ

The ‘Bitcoin’ chart will be drawn here.
Loading…

USD 

NZD

End of day UTC
Source: CoinDesk

best investing platform

Profitable Copy Trading

social trading binary options

Profitable binary options trading

trading binary options

Binary options bonus no deposit

binary options bonus no deposit

CFD Trading Tips

CFD Trading Tips