Tag Archives: NZD/JPY

Daily FX Wrap and Strategy

The NZD continues to make headway lower, havingfollowed the AUD lower over the past 24 hours.

NZD/USD Outlook: Down this week We continue to hold a negative view of NZD/USD.

We believe the RBNZ will temper its OCR outlook at Thursday’s Monetary Policy Statement (MPS).

Rarely do all parts of the NZ economy move perfectly insynch.

The shock in New Zealand’s June quarter merchandise terms of trade was that they rose 0.3%,

NZD/USD Outlook: Down this week Negative momentum in NZD/USD remains intact.

The early part of last week was dominated by news fromoffshore. At a major central bank conference,

There is a feeling of inevitability about it. Deterioration in the external accounts, that is. The precise timing is always difficult to

NZD/USD Outlook: Down this week The decline in NZD/USD, which started on 10 July from 0.8836,

The events of the last week reinforced the message thatconditions for the New Zealand economy have softenedsince the start of the year.

Last week we released our latest Quarterly EconomicOutlook. If you haven’t seen it already, it’s well worth aread.

The NZD/USD traded a tight range on Friday, to end theweek only slightly lower, just below 0.8490.