Tag Archives: GBP/NZD

Weekly Forex & Interest Rate Outlook

NZD/USD Outlook: Near term momentum has perked up slightly since making

New Zealand is on track for another year of solid growth.

We expect 2015 to be another year of solid growth in the New Zealand economy.

Within financial markets, currencies have mostly taken a back seat to

While most people are busily winding down for the festive break New Zealand’s economic reports wind up to a lather this week.

Global oil prices have plunged to a five-year low.

Near term momentum is negative and we expect a test of 0.7660 major support.

In a few short months, crude oil prices have fallen to levels not seen since 2009.

The RBNZ is set to contend with still-robust activity data but

The New Zealand economy is carrying a substantial degree of momentum into year-end,

Last week’s interest rate cut in China raised speculation that the Chinese Yuan’s appreciation might be curtailed.

We might have to revise down our GDP growth forecasts for calendar 2014, even 2015 (because of the new historical base presented),