Tag Archives: EUR/NZD
Approaching a ‘Cross’ Roads
Recent NZD/USD price action has done little to change our view (propounded most recently. Last week’s Fonterra botulism scare continues to occupy the attention of the nation’s media.
Strategist
Recent NZD/USD price action has done little to change our view. With the positive NZ economic story increasingly ‘in the price’,
July: Gloom Evaporates
• Financial market sentiment recovered strongly as central banks around the world renewed their commitment to accommodative monetary policy.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week NZD/USD momentum has reversed, pointing to a test of the 2013 low of 0.7684 this week.
Weekly Commentary
Fonterra product recall During the weekend, news of a Fonterra milk product recall affecting China and four other countries affected New Zealand markets.
Long-run Valuations Chart Pack
On a long-run basis, the NZD is more than one standard deviation overvalued against the AUD and GBP.
Weekly Forex & Interest Rate Outlook
NZD/USD upward momentum remains strong, pointing to a test of the June peak of 0.8137 this week.
Crossing the Rubicon
The Reserve Bank’s stance on monetary policy has come into line with our long-held views – all now agree that the housing and construction booms will provoke inflation.
Daily FX Wrap and Strategy
The NZD/USD traded a tight range on Friday, ending the week at 0.8090. The NZD, along with most of its peers, had a quiet end to the week.
Daily FX Wrap and Strategy
The NZD has performed head and shoulders above its peers over the past 24-hours. The NZD/USD sits around 0.8090 this morning.
Daily FX Wrap and Strategy
The NZD sits lower this morning against a broadly stronger USD. The NZD/USD trades around 0.7930 currently.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week We retain our positive bias for another week but remain negative one month out and beyond.