Tag Archives: NZD/JPY
Weekly Commentary
New Zealand’s powerful economic upswing appears to haverumbled on through the first quarter of 2014 – althoughthere are some question marks in the detail.
Daily FX Wrap and Strategy
The NZD/USD sits a little lower at 0.8700 this morning,having made intra-night highs above 0.8740.The NZD did not show much response to yet anotherstrong domestic data point yesterday.
Daily FX Wrap and Strategy
The NZD/USD has broken to new highs after the releaseof US Fed Minutes this morning. It sits at 0.8720 currently.Ahead of the release the NZD/USD slid overnight, toaround 0.8650.
Markets Outlook – Blunt Force
If we had to single out the most important category of numbers in tomorrow’s QSBO it would be those to do with the labour market. Something looks to be going nuts on this front.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Neutral this week The NZD has struggled against a resurgent US dollar lately.
Weekly Commentary
A steep fall in world dairy prices at auction last weeksparked a flurry of questions from the market aboutwhether a key part of the New Zealand economy’s goodnewsstory is coming unstuck.
Markets Outlook – Business Outlook “Actually” Stronger in March
This afternoon’s ANZ business survey registered a slight decline in its headline confidence – to +67.3, from +70.8 in February. However, we judge an increase in seasonally adjusted terms – to +68.9,
Weekly Commentary
Last week’s data has emphasised one of the importantthemes in the NZ growth story; that the current pickupin growth has become increasingly broad based.
Daily FX Wrap and Strategy
The NZD finished the week with somewhat of a whimper, falling 0.1% against the USD to 0.8660. However, in the context of an outstanding week, a bit of profit-taking seems understandable.
Weekly Commentary
New Zealand’s economic performance over 2013 leaves it wellpositioned to achieve around 4% economic growth over 2014.That would be the fastest growth the economy has seen since2004.
Weekly Commentary
As was widely expected, the Reserve Bank lifted theOfficial Cash Rate to 2.75% last week, and signalled anextended series of hikes over the course of the next fewyears.
Forex Weekly Report
Two over-extended currencies suggest a pullback Although there are fundamental signs that GBP/CAD may be due a correction lower we are attracted to this pair predominantly because