Tag Archives: NZD/JPY
Long-run Valuations Chart Pack
On a long-run basis, the NZD is more than one standard deviation overvalued against the AUD and GBP.
Daily FX Wrap and Strategy
It’s been a stuttering start to the week for the NZD. Unable to build on last week’s outperformance, the kiwi slipped to the bottom of the currency performance rankings overnight.
Weekly Forex & Interest Rate Outlook
NZD/USD upward momentum remains strong, pointing to a test of the June peak of 0.8137 this week.
Crossing the Rubicon
The Reserve Bank’s stance on monetary policy has come into line with our long-held views – all now agree that the housing and construction booms will provoke inflation.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week We retain our positive bias for another week but remain negative one month out and beyond.
As low as it goes
The Consumer Price Index rose 0.2% in the June quarter, in line with our forecast but a touch below the market median and the RBNZ’s pick of 0.3%.
BNZ Markets Map – Q3 2013
As the trend for higher US bond yields and a stronger USD gathers pace, we’ve revisited what it all means for our currency forecasts.
Daily FX Wrap and Strategy
It’s been a v-shaped sort of night for the NZD/USD. After flirting with recent lows below 0.7740, a slide in the USD and JPY soon dragged the currency back above 0.7800.
Inflation Bottom Behind Us
Whatever the precise outcome of Tuesday’s Q2 CPI, it will likely mark the proximate low in its annual rate of inflation.
All those in favour, say “Aye”
The economy has passed its vote of economic confidence. The Canterbury-construction sector ticket rallied enough votes,
Currency Flows Monitor: Signs of a Sea Change?
Last week, net flows for all NZD pairs were in the 14th percentile. This broadly matches the recent trend;
Daily FX Wrap and Strategy
The NZD/USD was amongst the strongest performers over the past 24-hours, sitting at 0.7800 this morning.