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RBNZ Shift To Dovish, Kiwi Keels Over

March 27, 2019 1:57 AM
Stating that the next OCR direction is likely to be down, RBNZ crunched their way out of the neutral gear whilst NZD traders burned rubber towards the exit.

NZD/USD Riding High on RBNZ and Optimistic Trade Talk Fumes

February 15, 2019 7:30 PM
In the middle of the week, the RBNZ opted to leave its primary interest rate unchanged at 1.75%, where the central bank expects it to remain for a “considerable period.” Governor Orr and company noted that there were both upside and downside risks to inflation; therefore, the next change to interest rates could either be higher or lower.

FX update: Dollar hit by profit-taking; RBNZ and US CPI in focus

February 12, 2019 2:14 PM
The major FX pairs further extended their losses earlier this morning, before rebounding to turn green on the day as North American participants slowly made their way to their trading stations.

NZD/USD at pivotal area ahead of RBNZ, FED policy decisions

November 7, 2018 3:55 PM
With the US mid-term elections out of the way, investors’ focus will slowly return to global economics and away from US politics slightly.

EUR/NZD appears poised for bullish breakout

August 7, 2018 4:47 PM
The single currency is also holding its own relatively well against the commodity currencies, non-more so than the New Zealand dollar.