Tag Archives: NZD/JPY

NZD Corporate FX Update

The past month has seen considerable traction made toward our end-of-year targets, as NZD underperformed amidst a broader USD rally.

With such strong income growth occurring in the New Zealand economy, there is plenty to boost the nation’s spending…and saving.

Last week’s labour market data raised fresh doubts aboutthe economy’s capacity to

The NZD/USD managed to (once again) keep its headabove the 200-day moving average into the close, losing0.2% to sit at 0.8460.

USD strengthened over July as data continues to print strongly, and Yellen acknowledges risk of earlier rate rises.

Attention turns to the labour market this week. While we expect Wednesday’s trio of labour market reports to

NZD/USD Outlook: Neutral this week We retain a negative medium term bias toward NZD/USD,

Unsettling news continues to emerge from China, and fromsome of New Zealand’s key export industries.

Fonterra is expected to announce its dividend intentions by Thursday (the end of this month, as earlier promised).

Since Graham Wheeler came to the helm, the Reserve Bankseems to have been operating a “no surprises” policy forOCR decisions.

The JPY has been trading within the past few months’ trading range. There is limited room for the BoJ to easing monetary policy further,

NZD/USD Outlook: Down this week NZD/USD has been hammered by surprises lately.