{"id":6197,"date":"2010-01-25T09:05:27","date_gmt":"2010-01-25T14:05:27","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=6197"},"modified":"2010-01-25T09:05:27","modified_gmt":"2010-01-25T14:05:27","slug":"aud-nzd-gain-as-risk-appetite-slowly-returns-to-markets","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/01\/25\/aud-nzd-gain-as-risk-appetite-slowly-returns-to-markets\/","title":{"rendered":"AUD, NZD Gain as Risk Appetite Slowly Returns to Markets"},"content":{"rendered":"<p><strong>By Ashley Smith<\/strong> &#8211; The Australian and New Zealand Dollars are seeing a modest recovery today against the USD and JPY as demand for riskier currencies rebounded slightly on speculation Federal Reserve Chairman Ben S. Bernanke will be confirmed for a second term. The Aussie also benefited over economists\u2019 expectations that a report due to be released on Jan. 27th will show annual inflation accelerated in the fourth quarter. The expected rise in inflation adds to speculations for further interest rate hikes by the Reserve Bank of Australia during this coming February\u2019s meeting. Annual inflation probably gained to 2% in the fourth quarter. The central bank aims to keep inflation between 2 and 3% on average.<\/p>\n<p>Australian Dollar rose 1% to currently trade at 81.75 Yen. It also gained 0.6% to 90.59 U.S. cents. The New Zealand Dollar climbed to 64.40 Yen and to 71.47 U.S. cents. New Zealand\u2019s currency gained today after a report showed the nation\u2019s services industry expanded for a second month on increased sales and new orders. However, while speculations of further interest rate hikes in Australia persist, such speculations for New Zealand dwindle, thus putting slight pressure on the currency. With inflation remaining moderate and a slightly shaky economic recovery, the central bank is not pressured to begin raising interest rates until the middle of this year.<\/p>\n<p><em><strong>Forex Market Analysis<\/strong><\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><strong>Forex Yard.<\/strong><\/a><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Ashley Smith &#8211; The Australian and New Zealand Dollars are seeing a modest recovery today against the USD and JPY as demand for riskier currencies rebounded slightly on speculation Federal Reserve Chairman Ben S. Bernanke will be confirmed for a second term. The Aussie also benefited over economists\u2019 expectations that a report due to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/01\/25\/aud-nzd-gain-as-risk-appetite-slowly-returns-to-markets\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AUD, NZD Gain as Risk Appetite Slowly Returns to Markets&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-6197","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/6197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=6197"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/6197\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=6197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=6197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=6197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}