RBNZ monetary policy decision and review due at 0200 GMT: 3 scenarios (& NZD implications)
The Reserve Bank of New Zealand is widely expected to hike its official cash rate (OCR) by 50bp today: Wednesday, 13 July 2022 due at 0200 GMT Previews earlier: Reserve…
Read More »NZD/USD rises above 0.6300 on an upbeat market mood and a soft US dollar
The New Zealand dollar recorded solid gains vs. the greenback, snapping two days of consecutive losses, recovering from daily lows near 0.6266, pierci
Read More »Bitcoin dropped (briefly, for now) under USD30K. Risk assets more broadly lower too.
US equity index futures on Globex have taken a hit. AUD, NZD notably lower against the big dollar BTC/USD update:
Read More »NZD/USD skids below 0.6620 on progressive rate hike expectations by the Fed
The NZD/USD pair has slipped below last week’s low at 0.6626 after carry-forwarding the weakness observed on Friday. The asset has recorded a sheer do
Read More »NZD/USD Eyes Chinese Economic Data After Falling on Broad Commodity Weakness
NZD/USD fell overnight alongside US equity prices amid a broader selloff in commodity prices as fighting around Kyiv intensified. APAC traders are eyeing multiple Chinese economic data prints due o…
Read More »NZD/USD Edges Higher as Asia-Pacific Traders Monitor Russia, Ukraine Tensions
NZD/USD is edging higher to start the Asia-Pacific trading week as markets monitor the fragile situation in Ukraine, with many fearing a potential invasion as soon as this week.
Read More »New Zealand Dollar: NZD/USD in Dangerous Spot Ahead of FOMC, New Zealand CPI
The New Zealand Dollar is slightly higher versus the US Dollar in early APAC trading, but an overnight break to new yearly lows leaves NZD/USD susceptible to further losses. FOMC…
Read More »NZD/USD Rate Clears 2021 Low Ahead of New Zealand Inflation Report
Fresh data prints coming out of New Zealand may curb the recent decline in NZD/USD as inflation is anticipated to increase for the fourth consecutive quarter.
Read More »NZD/USD Gains as APAC Trading Kicks Off a Busy Week for Markets
The New Zealand Dollar is trading higher versus the US Dollar this morning despite weak PMI data out of Australia. The week ahead holds plenty of event risk, which may…
Read More »New Zealand Dollar Forecast: NZD/USD Falls as Haven Flows Charge US Dollar
The New Zealand Dollar weakened versus the US Dollar overnight as a bearish session on Wall Street prompted increased haven flows. Asia-Pacific trading is likely to see this risk-off move…
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