Tag Archives: GBP/NZD

Weekly Forex & Interest Rate Outlook

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

We believe the RBNZ will temper its OCR outlook at Thursday’s Monetary Policy Statement (MPS).

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

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

The early part of last week was dominated by news fromoffshore. At a major central bank conference,

There is a feeling of inevitability about it. Deterioration in the external accounts, that is. The precise timing is always difficult to

NZD/USD Outlook: Down this week The decline in NZD/USD, which started on 10 July from 0.8836,

The events of the last week reinforced the message thatconditions for the New Zealand economy have softenedsince the start of the year.

The NZD/USD has climbed its way back up to 0.8400 thismorning, from yesterday’s lows below 0.8360.

Last week we released our latest Quarterly EconomicOutlook. If you haven’t seen it already, it’s well worth aread.

The past month has seen considerable traction made toward our end-of-year targets, as NZD underperformed amidst a broader USD rally.

Last week’s labour market data raised fresh doubts aboutthe economy’s capacity to