NZD/USD Grapples 0.7000 With RBNZ’s Inflation Expectations Survey on Deck
NZD/USD rose overnight against falling stock prices on Wall Street. The RBNZ's inflation expectations survey is in focus as the central bank's rate decison nears.
Read More »Stocks stall ahead of bumper US inflation data
Overnight Headlines *US stocks snapped their eight-day winning streak *USD treaded water after weakening over the past three days *Gold backed off $1834 resistance, real yields remain depressed *Oil extended…
Read More »New Zealand Dollar Forecast: NZD/USD Falls as Traders Eye Chinese Inflation Data
The New Zealand Dollar fell overnight versus the US Dollar as Wall Street stocks broke a multi-day winning streak. APAC traders are watching the wires for Chinese inflation data.
Read More »It’s all about the Fed taper and beyond…
Overnight Headlines *US stocks post record highs, eyes on the FOMC meeting *USD edged higher, trading just above 94 *US spending bill shows new progress in house, sticking points remain…
Read More »New Zealand Dollar at Risk as AMZN, AAPL Earnings Miss. NZD/USD Eyes Resistance
The sentiment-linked New Zealand Dollar gained as the Dow Jones and S&P 500 climbed. But, soft Amazon and Apple earnings risk evaporating NZD/USD’s progress during Asia-Pacific trade.
Read More »Risk momentum a key driver of current sentiment
Overnight Headlines *US stocks hit fresh record highs, tech led the way *USD was mixed but closed higher as EUR faltered *Gold broke above $1800 and 200-day SMA again *Tesla…
Read More »Dollar stabilises as China’s economy stumbles
Overnight Headlines *US stocks rose as gains continued for a third day *USD closed lower on the week, but DXY is stabilising around 94 *Bitcoin is eyeing up record highs…
Read More »Dollar holds near 14-month high as gas whipsaws
Overnight Headlines *US stocks ended in positive territory after initially suffering heavy losses *USD advanced above 94 though closed off its high *Bitcoin surged through $53,000 to it highest level…
Read More »NZD – ANZ have lifted their milk price forecast to $8.20/kg MS (from $7.70)
ANZ have revised their farmgate milk price forecast for the 2021-22 season by 50c to $8.20/kg MS From ANZ’s report (in brief): NZD update: Earlier re NZD:
Read More »Energy spike concerns continue, dollar advances
Overnight Headlines *US stocks rebounded as tech bounced back, Vix inched lower *USD broadly firmer with yields pushing to new cycle highs *RBNZ hiked by 25bps as expected, market…
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