Tag Archives: EUR/NZD
Daily FX Wrap and Strategy
The NZD/USD trades a little lower around 0.8240 early thismorning.Overnight, all eyes were on Europe as the ECB and BoEannounced rate targets.
Daily FX Wrap and Strategy
The NZD/USD has started the year on the front foot. It was the strongest performer of its peers on Friday night. It trades around 0.8280 this morning.
Weekly Commentary
The economy has accelerated markedly as we anticipated. It has built up a head ofsteam as cranes have replaced broken buildings on the Canterbury skyline, house priceshave accelerated into uncharted territory and
BNZ Strategist – Strategist
Economic Outlook We remain strongly of the view that the balance of risk facing the NZ economy is that growth and inflation will prove even stronger than forecast.
Valuing NZD Amid Soaring Terms of Trade
We have updated our “fair value” purchasing powerparities (PPP) on the NZ dollar. And we’ve augmentedthese with due consideration of New Zealand’s boomingterms of trade.
Markets Outlook – December MPS Decision Flawed
The New Zealand economy is going from strength to strength. The economic expansion is broadening and deepening. No longer is the recovery story all about the rebuild of Christchurch.
Weekly Forex and Interest Rate Outlook
NZD/USD remains resilient to US data surprises. Surprisingly, good US economic news is not pushing the US dollar higher.
Weekly Commentary
A question of timing The Reserve Bank is going into this week’s interest rate decision armed with plenty of reason to reiterate the message that interest rates will rise next year.
FX Trends daily (FOCUS : EUR/NZD)
After a consolidation, the cross hasresumed its uptrend and may return tothe recent high at 1.6846 before thenext medium term resistance between1.6959 (retracement) & 1.7019
Daily FX Wrap and Strategy
After touching below 0.8160 overnight the NZD/USD has returned to trade above 0.8210 this morning. There was little on the domestic agenda to drive the currency yesterday,
FX Month in Review – November
* The JPY was the weakest currency monitored in the November Month in Review, declining 4.2% on a TWI basis.
Weekly Forex and Interest Rate Outlook
NZD/USD continues to suffer from pro-US dollar sentiment. NZ fundamentals continue to shine, witness the surge in the momentum of NZ economic data during the past few months (Chart 2).