posted by
wizardfx
15 days ago
in NZD
The Reserve Bank of New Zealand usually keeps intervention quiet, and its rare admission came after the currency surged to 20-month highs of $0.8676 (U.S.) last month, undercutting exporters and pressuring an economy finding its feet after devastating ...
posted by
chloegurl
15 days ago
in NZD
The Reserve Bank of New Zealand usually keeps intervention quiet, and its rare admission came after the currency surged to 20-month highs of US$0.8676 last month, undercutting exporters and pressuring an economy finding its feet after devastating ...
posted by
stephenlovesforex
15 days ago
in USD, NZD, Technical
A Forex trading technical analysis video showing EURNZD testing key resistance at 1.5600/50 area. This has been the low area seen during Feb and March before a drop to the 1.5080 low, as well as the high seen throughout April which has repeatedly
posted by
GAINSY
15 days ago
in NZD, Fundamental
RBNZ Governor Wheeler sparked a sell-off in the kiwi after he stated that the RBNZ has been selling NZ dollars and is capable of further intervention to weaken the kiwi. This isn't the first time the Governor has talked about intervention, but th
posted by
commodityblog
15 days ago
in USD, NZD, Fundamental
The New Zealand dollar dropped today as the Reserve Bank of New Zealand intervened, selling the currency, and signaled that it may do so again to halt the rally of the kiwi.
posted by
chloegurl
15 days ago
in NZD
The pound versus New Zealand dollar has meanwhile hit 3 month highs; GBP/NZD is 0.84 pct higher at 1.8464. [Please note: The above quotes are ... We think interest rate cuts are unlikely given recent housing market strength. "As such, FX intervention ...
posted by
Dan
16 days ago
in AUD, NZD
"The market is pricing in a 43% chance of a cut at the RBA's June meeting, which highlights the scope for further losses in the weeks ahead. This pair (GBP-AUD) is in good shape and trades at 1.52, the uptrend should continue from here," says Richard ...
posted by
BhadrakshRocks
16 days ago
in USD, EUR, JPY, CAD, AUD, NZD
Major currencies got off to a sleepy start in Asia on Wednesday following an uninspired session overnight, but the New Zealand dollar stood out after the central bank complained it was overvalued, prompting markets to briefly ...
posted by
AnnJ
16 days ago
in AUD, NZD
Kiwibank wary of macro-prudential requirements. TOP STORY: The threat of inflation or deflation. Opinion: With inflation expectations 'anchored', major central banks err on the side of providing too much... more Business. QUICK LINKS: Success ...
posted by
freshmint
17 days ago
in USD, EUR, JPY, GBP, CAD, AUD, NZD
ECB President Draghi was in the media last night and elaborated on last week's suggestion of taking EUR interest rates to negative -"The Governing Council has decided for the first time to look openly at the possibility of reducing the interest rate on ...
posted by
victoryismine
18 days ago
in NZD
NZ Government fiscal deficit for 9 months of fiscal year lower than forecast on back of higher tax take. NZ OBEGAL for 8 months to March 31 at NZD4.95bln, or 5.2% better than forecast. Govt net debt at March 31 NZD58.5bln, 27.9% of GDP vs 28.6% forecast.
posted by
insensitive
18 days ago
in USD, JPY, GBP, CAD, AUD, NZD
If inflation continues to trend down, it provides further room for a rate cut leading to downward pressure on the AUD (FXA), and if retail numbers stay strong, the AUD should strengthen. (click to enlarge). (click to enlarge). Next up is the HSBC China ...