Tag Archives: GBP/NZD
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.
Preparing for a Lower NZD?
• NZD sell flows continue to dominate • Exporters still well covered, although hedging duration continues to drift lower
Daily FX Wrap and Strategy
The NZD was amongst the weakest performers overnight as risk aversion dominated markets. The NZD/USD sits at 0.7800 currently.
Daily FX Wrap and Strategy
The NZD was the strongest performer amongst its key peers over the past 24-hours, sitting at 0.7850 currently.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week NZD/USD is expected to test the bottom of a two-month range.
Weekly Commentary
Invention and intervention The Reserve Bank headed into the unknown last week, intervening in the housing market with its loan-to-value ratio (LVR) restrictions.
RBNZ On Shaky Ground?
• Recent data highlight RBNZ’s dilemma • Leading indicators portend 4.0 – 5.0% GDP growth
Weekly Commentary
A household-centric week of local data has reinforced our view that the Reserve Bank will be raising interest rates early next year,
Daily FX Wrap and Strategy
The NZD experienced some volatility overnight but sits a little higher at 0.8080 this morning. Yesterday’s NZ PMI served to reinforce the message that domestic economic momentum is very strong.
Weekly Forex & Interest Rate Outlook
NZD/USD remains in consolidation mode, the most likely catalyst for a break outside the 0.7685-0.8135 range being the Fed’s decision on tapering.
Keep calm and carry on
There are still many unknowns around the Fonterra whey product contamination scare,