Tags » Rbnz

Update on Kiwi, RNNZ on hold as expected...

The Kiwi has remained under pressure against the greenback since the middle of July when it flirted with its 3-year resistance at 0.8840. Since then, we saw a lower than expected CPI that printed at 1.6% in Q2 on July 15 (vs 1.8% expected) followed by a dovish stance from RBNZ policymakers on July 24th. 214 more words

FX Trading

NZD/USD : Change in direction ?

The RBNZ, during its last meeting signalled a pause in its  cycle of interest rate raises.  Market got surprised by this release and the parity has fallen for the last two days  (see chart below). 37 more words


The New Zealand economy cannot live on debt forever

Brian Gaynor in the NZ Herald wrote a piece on the amount of debt in the New Zealand economy and the fact that the Reserve Bank needs some fresh ideas to stem the increasing trend. 203 more words


NZD/USD : Changement de direction ?

La RBNZ a déclaré lors de sa réunion une pause dans son cycle de hausses des taux d’intérêt. Suite à cette annonce qui a surpris le marché, le cours a chuté depuis 48 heures (voir graphique ci-dessous). 36 more words


Notes From Underground: Its a Very Cold Day In July ... When Bundesbank Capitulates

The financial press is filled with articles about the recent EURO weakness. During the last week the EU currency has fallen about 1.5 percent. Many pundits have opined that it is the Ukraine situation and Gaza that have made investors uneasy, thus the move into U.S. 562 more words