Tag Archives: NZD/JPY
Weekly Commentary
All on track The highlight last week was the release of the Quarterly Survey of Business Opinion (QSBO).
NZ Fiscal “Drag” Signals Economic Stimulus
* A fiscal surplus for pork-barrel politics * Tuesday’s QSBO to indicate above-trend growth
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Neutral this week This week is likely to witness opposing forces – strong NZ fundamentals countered by the developing US fiscal crisis.
Priced for perfection?
Solid domestic data last week, along with further guidance from the Reserve Bank, all served to reinforce the message that the OCR will be heading up next year.
September: Hijacked by the Fed
* Market sentiment brightened following the Fed’s decision not to taper asset purchases, but the US dollar and US bond yields took a pounding.
Weekly Commentary
We take the opportunity of a quiet data week to review the state of the New Zealand export sector. Primary exporters are enjoying remarkably buoyant conditions,
Daily FX Wrap and Strategy
After consolidating earlier in the week above 0.8350, the NZD/USD has succumbed to a bout of post-Fed profit taking. The NZD/USD currently sits around 0.8280.
Daily FX Wrap and Strategy
The NZD/USD has spent the past 24 hours consolidating above 0.8350. Investors appear to be suffering from a bit of headline fatigue.
Weekly Commentary
The US Fed’s decision to delay ‘tapering’ has sent the NZ dollar back into the stratosphere. While that in itself will make the RBNZ less keen to raise interest rates,
Weekly Commentary
The Reserve Bank inched one small step closer to hiking the OCR when it delivered its Monetary Policy Statement last Thursday.
Daily FX Wrap and Strategy
The NZD/USD spent most of Friday’s offshore trading session consolidating above 0.8100. Globally, currency markets struggled a bit for direction.