Articles tagged with "rbnz"

Kiwi volatility could ramp up around today’s RBNZ decision, even with the rate hike almost fully priced. Falling inflation expectations and softer-than-forecast economic data raise the risk that the Bank’s updated OCR track fails to match hawkish market pricing.

The Kiwi has gone quiet, but the RBNZ Survey of Expectations out soon may provide the catalyst traders have been waiting for.

Stronger employment wasn't enough to offset a surge in labour force participation, leaving unemployment at its highest level in more than a decade. The report keeps a September RBNZ hike in play but casts doubt on the rate path beyond.

The devil is in the detail. While the headline beat expectations, the underlying inflation story may be telling traders something very different.

A pickup in US inflation expectations, renewed geopolitical tensions and another bruising session for technology stocks combined to leave the Aussie under pressure overnight.

Markets went into the meeting pricing little chance of an immediate move. They came out pricing an aggressive tightening cycle as the RBNZ signalled it’s prepared to crush inflation risks at almost any cost.

With swaps markets aggressively pricing further RBNZ tightening and traders still unconvinced the RBA will hike again in June, today’s event risk may prove critical for near-term Aussie and Kiwi direction.

Rising US yields, surging Treasury volatility and a hawkish repricing in Fed expectations have combined to hammer NZD/USD in recent sessions. With weak domestic data also piling up, the Kiwi is losing support from both offshore and local drivers.

New Zealand’s labour market still looks soft despite the surprise dip in unemployment, casting doubt on whether the RBNZ will need to rush rate hikes in response to the Iran-driven energy shock. But for the Kiwi, local data is playing second fiddle to broader swings in risk sentiment.

The kiwi got a lift after hot inflation data pushed a full RBNZ hike into July pricing. Now NZD/USD is trying to crack resistance at .5920.

RBNZ lays the groundwork for hikes while easing energy risks fuel risk appetite. NZD/USD now at a make-or-break test of its February downtrend.

Fresh Wage and inflation signals muddy the RBNZ rate outlook as Kiwi pairs eye 2026 highs.