Aussie and Kiwi Buck Bearish Sentiment on Strong Labor Market Readings
No. Are the labor markets as weak as previously thought? No. Is deflation an issue in either country? No. Then what's the deal with the RBA's 25-bps rate cut and the RBNZ's verbal intervention efforts? The answer is clear: these policymakers have ...
Breakouts for Forex Scalpers-NZDUSD-
Scalpers have many options when it comes to Forex strategy. Today we will discuss trading breakouts for short term market moves.A good candidate for breakout trading this week is the NZDUSD and will be our example for the day. The NZDUSD has co
Pound Sterling to New Zealand Dollar Exchange Rate (GBP/NZD) Plummets as ...
... 5.5%, as the Australian economy added 50,100 new jobs in April. The robust Employment Change result printed almost five times higher than forecasts of 11,000, which boosted sentiment in the region. In response to the data GBP/AUD shrunk by -1.0 cent.
New Zealand intervenes to curb strength of kiwi
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 ...
RBNZ intervened to curb NZD as global flood of money raises economic risks
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 ...
EURNZD testing key resistance and Bollinger Bands at 1.5600
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
Asia Session: Wheeler Takes Another Shot At NZD
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
NZ Dollar Drops as RBNZ Intervenes
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.
New Zealand dollar: NZ currency unlikely to see further aggressive RBNZ ...
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 ...
Australian dollar + New Zealand dollar firm up but forecasters see further ...
"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 ...
Markets calm, kiwi stung by RBNZ comment
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 ...
RBA Cash rate at all-time low
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 ...


