Tag Archives: GBP/NZD
Daily FX Wrap and Strategy
The NZD/USD sits at a similar level to yesterday morning,at 0.8480, at present.
Financial Markets Wrap – July: A Justified Jolt Lower
USD strengthened over July as data continues to print strongly, and Yellen acknowledges risk of earlier rate rises.
Weekly Commentary
Unsettling news continues to emerge from China, and fromsome of New Zealand’s key export industries.
Lower Milk Price to Highlight ‘Unjustified’ NZD
Fonterra is expected to announce its dividend intentions by Thursday (the end of this month, as earlier promised).
Weekly Commentary
Since Graham Wheeler came to the helm, the Reserve Bankseems to have been operating a “no surprises” policy forOCR decisions.
Daily FX Wrap and Strategy
The NZD/USD sits fractionally higher at 0.8690 this morning, ahead of the RBNZ’s (9am NZT) meeting.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week NZD/USD has been hammered by surprises lately.
Weekly Commentary
The big news of last week was an 8.9% fall in theGlobalDairyTrade auction price, after a 5% drop a fortnightpreviously.
Markets Outlook – Speeding Tickets
We anticipate the CPI to show a 0.4% increase in the second quarter. This would see annual inflation rise to 1.8%,
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up/neutral this week We adopt a cautious positive bias this week.
Weekly Commentary
The New Zealand economy appeared to have hit a sweetspot in the early part of this year, but a number of previouslysupportive factors have started to turn in recent months.
NZD Corporate FX Update
The month of June was hallmarked by two blows for our bearish NZD/USD view, delivered by the two central banks critical to that cross.