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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


Watch the Kiwi!

As we mentioned in our previous posts, this low-volatile environment has played in favour of carry trade currencies, and especially the Kiwi. Since the RBNZ has started its monetary policy tightening cycle this year raising its benchmark three times by 0.25% to 3.25%, the NZ dollar keeps appreciating against the major currencies. 191 more words

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