Tag Archives: EUR/NZD

Pressing On, Post Election

The National Party has been returned with a mandate to govern at least as strong as before.

The weekend’s general election returned an increasedmajority to the ruling coalition of National, ACT, UnitedFuture and Maori.

We expect Thursday’s Q2 GDP report to show a slowdown in economic growth.

The persistence of low inflation, despite an obviousacceleration in the pace of economic activity in NewZealand,

We continue to make good headway south in NZD/USD, to the point that we reached our end-September target (prev. 0.84) faster than anticipated.

The NZD continues to make headway lower, havingfollowed the AUD lower over the past 24 hours.

NZD/USD Outlook: Down this week We continue to hold a negative view of NZD/USD.

Rarely do all parts of the NZ economy move perfectly insynch.

The NZD is off marginally overnight, with market attentionfirmly elsewhere.

The NZD slid along with most major currencies as the USDrallied broadly overnight,

The shock in New Zealand’s June quarter merchandise terms of trade was that they rose 0.3%,

NZD/USD Outlook: Down this week Negative momentum in NZD/USD remains intact.