Tag Archives: NZD/JPY

Weekly Commentary

Before large swathes of the population started theirannual migration to beaches and holiday hotspots aroundNew Zealand, there was a flurry of activity on theNew Zealand data calendar.

The economy has accelerated markedly as we anticipated. It has built up a head ofsteam as cranes have replaced broken buildings on the Canterbury skyline, house priceshave accelerated into uncharted territory and

BNZ Strategist – Strategist

Economic Outlook We remain strongly of the view that the balance of risk facing the NZ economy is that growth and inflation will prove even stronger than forecast.

Valuing NZD Amid Soaring Terms of Trade

We have updated our “fair value” purchasing powerparities (PPP) on the NZ dollar. And we’ve augmentedthese with due consideration of New Zealand’s boomingterms of trade.

Markets Outlook – December MPS Decision Flawed

The New Zealand economy is going from strength to strength. The economic expansion is broadening and deepening. No longer is the recovery story all about the rebuild of Christchurch.

Weekly Forex and Interest Rate Outlook

NZD/USD remains resilient to US data surprises. Surprisingly, good US economic news is not pushing the US dollar higher.

Weekly Commentary

A question of timing The Reserve Bank is going into this week’s interest rate decision armed with plenty of reason to reiterate the message that interest rates will rise next year.

FX Month in Review – November

* The JPY was the weakest currency monitored in the November Month in Review, declining 4.2% on a TWI basis.

Weekly Forex and Interest Rate Outlook

NZD/USD continues to suffer from pro-US dollar sentiment. NZ fundamentals continue to shine, witness the surge in the momentum of NZ economic data during the past few months (Chart 2).

Markets Outlook Weekly

We realise that many will probably see this week’s Barfootand Thompson housing report as the big economic newsof the week. Covering the month of November,

Weekly Commentary

With the New Zealand economy showing some seriousupward momentum, interest rate markets are now fullypricing in a 25 basis point OCR increase in March next year

BNZ Strategist – The Strategist

While everyone appears obsessed with the impact of the LVR restrictions, the economy continues to broaden and strengthen its momentum regardless.