Tag Archives: GBP/NZD
Warrant for the Reserve Bank’s Arrest
The Reserve Bank’s June Monetary Policy Statement was predicated on the economy starting to slow over the second half of this year.
Weekly Commentary
There was a notably widespread downturn across therange of activity indicators for the New Zealand economy inApril,
Daily FX Wrap and Strategy
The NZD/USD sits a little lower, at 0.8750, this morning. Yesterday’s release of the ANZ business survey for Juneshowed business confidence falling to 42.8 from 53.5previously.
As Good As It Gets?
We believe GDP growth is peaking about now. That view was reinforced strongly today with the release of ANZ’s business outlook which revealed a continued downtrend in business sentiment.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week NZD/USD’s positive momentum remains strong and
Weekly Commentary
Recent data give us no reason to expect the RBNZ to departfrom the plans it set out in June. Those plans include afollow-up hike in July,
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week This month’s hawkish surprise from the RBNZ should keep the market in
Weekly Commentary
Last week was the climax of the New Zealand quarterlydata calendar, with March quarter GDP and current accountdata released.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week The hawkish surprise from the RBNZ should resound with markets for the next few weeks at least.
Markets Outlook – Optimism Gets Real
Post a solid increase in Q1 GDP, abatement certainly seems to be the more recent theme in the local data. However, for the most part this appears mostly a case of optimism getting real.
Weekly Commentary
Last week the Reserve Bank increased the OCR for a thirdconsecutive time to 3.25%, and delivered much the sameguidance on future interest rates as it did in its MarchMonetary Policy Statement (MPS).
Daily FX Wrap and Strategy
The NZD cooled off slightly on Friday, paring its post-RBNZ gains. The NZD/USD fell 0.3% to 0.8670.The dip lower was in line with the AUD and