Tag Archives: GBP/NZD
Daily FX Wrap and Strategy
The NZD/USD was shunted around with the rest of themajors as markets responded to the US retail sales report. But overall, the currency is little changed,just 0.2% higher at 0.8630.
Weekly Commentary
The March quarter labour market figures confirmed that ahiring spree is under way as the economy gathers steam. But with more and more people being drawn into the work force,
NZD Corporate FX Update
The NZD inched higher over April, despite a lesssupportive fundamental picture. It’s not that NewZealand’s good-news economic story is suddenlyunravelling – it’s just no longer surprising.
Weekly Commentary
New Zealanders go to the polls in 2014 and with theelection now a little over 6 months away politicalannouncements are starting to make headlines.
Financial Markets Wrap – April: Holding Out
US data continue to improve, but not at a stellar pace. Dovish rhetoric from the Fed kept the USD subdued.
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.
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.
Daily FX Wrap and Strategy
The NZD weakened by 0.7% against the USD overThursday to 0.8560. With little movement over Friday andMonday, it opens this morning around that level. The move occurred in the face of broad-based USDstrength.
Daily FX Wrap and Strategy
The NZD is 0.3% weaker against the USD this morning,sitting at 0.8630.Yesterday, the main event was the Q1 2014 CPI reading,which revealed an inflation rate of 1.5% y/y,
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.