Tag Archives: EUR/NZD
Daily FX Wrap and Strategy
The NZD had underperformed its major peers over thepast 24-hours to sit at 0.8540 this morning.The NZD/USD paddled sideways yesterday during a quietday on the domestic data front.
Markets Outlook – As They Say of Good Intentions
Provided that Labour leaves the Governor as the single decision maker, retains CPI inflation as the primary target of policy, and maintains the Reserve Bank’s independence then proposed policy changes may end up
Weekly Commentary
Last week the Reserve Bank increased the OCR a secondtime to 3.00%, as was unanimously expected by economistsand financial markets.
Weekly Commentary
Heading into the countdown to the RBNZ’s OCR Review,last week delivered a downside surprise on inflation andanother drop in dairy prices. However, this week we shouldget another instalment of ultra-strong net migration data.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Neutral this week The NZD’s uptrend remains intact but momentum is waning.
Weekly Commentary
New Zealand’s powerful economic upswing appears to haverumbled on through the first quarter of 2014 – althoughthere are some question marks in the detail.
Daily FX Wrap and Strategy
The NZD held on to close Friday perched atop the G10leader board against the USD, inching 0.1% higher to0.8688.Friday’s CFTC positioning data showed that net longpositions for the NZD rose to 19.8k,
Daily FX Wrap and Strategy
The NZD/USD sits little changed at 0.8600 this morning,having traded a 0.8580-0.8610 range over the past 24-hours.While the strongest theme in currency markets since thestart of the week has
Markets Outlook – Blunt Force
If we had to single out the most important category of numbers in tomorrow’s QSBO it would be those to do with the labour market. Something looks to be going nuts on this front.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Neutral this week The NZD has struggled against a resurgent US dollar lately.
Weekly Commentary
A steep fall in world dairy prices at auction last weeksparked a flurry of questions from the market aboutwhether a key part of the New Zealand economy’s goodnewsstory is coming unstuck.
Daily FX Wrap and Strategy
The NZD/USD was one of the strongest performersfollowing the US payrolls release. It ended the week at0.8600.There was not too much pulse in the NZD ahead of Fridaynight’s US payrolls data.