Tag Archives: EUR/NZD
Weekly Commentary
The Reserve Bank inched one small step closer to hiking the OCR when it delivered its Monetary Policy Statement last Thursday.
Daily FX Wrap and Strategy
The NZD/USD spent most of Friday’s offshore trading session consolidating above 0.8100. Globally, currency markets struggled a bit for direction.
Daily FX Wrap and Strategy
The NZD/USD moved higher overnight in the backdrop of a weaker USD. It sits at 0.8020 this morning. The NZD/USD was initially a little softer yesterday.
US Morning Update
Major Overnight Headlines • Euro Area Sentix Investor Expectations Index back at 2006 levels in September but fundamentals remain weak
Q2 GDP Slip A Bit of a Dagg?
The big question for Thursday’s Monetary Policy Statement (MPS) is how much ground the RBNZ will cede to the stronger economic pointers and market pricing we’ve seen over recent months.
Weekly Commentary
In the July OCR review, the Reserve Bank gave a clear reminder that the next move in the cash rate will be up – though just not this year.
August Angst
– Investors obsessed over surging US bond yields and the rout in emerging markets currencies
Daily FX Wrap and Strategy
After marching higher yesterday, the NZD/USD has failed to retain its foot hold above 0.7900. It currently trades around 0.7890.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week NZD/USD remains hostage to the fortunes of the US dollar. NZD/USD remains poised to test the bottom of a two-month range at 0.7685.
Weekly Commentary
The inflation debate continues Last week’s developments did little to change our thinking on the New Zealand economy.
Daily FX Wrap and Strategy
Along with most of the major currencies, the NZD felt the heat of a broad strengthening in the USD overnight. The NZD/USD slipped from 0.7830 to around 0.7775.