New Zealand_AUDNZD

Looking For Opportunities As FX markets continue to rotate around themes of shifting risk sentiment, Trump policy and geopolitical concerns there are some markets which have seemingly stalled and other which are presenting some interesting opportunities. AUDNZD  has come to an interesting point which offers opportunities for upside movement. I...

2017-04-11 James Harte Read more
RBA

The Reserve Bank of Australia decided to keep the current policy unchanged in its meeting earlier today at 1.5% as widely expected, despite the fact that the Labour Market in Australia is showing clear signs of slowing down over the past three months. However, the Aussie continued to decline back and slipped below 0.7450. In today’s article, we ...

2016-12-06 Nour Eldeen Al-Hammoury Read more

The Reserve Bank of Australia decided to keep interest rates unchanged at the current levels of 2% but determined that further assessment of economic data was needed for future course of policy action. The RBA's decision was largely in line with the economists estimates who expected the RBA to leave policy unchanged after the central bank cut ra...

2015-07-08 John Benjamin Read more
Weekly Forex Forecast: 15 – 19 December

RBNZ Cuts OCR rate by 25bps to 3.25% The Reserve Bank of New Zealand, in its monthly monetary policy preview cut the benchmark interest rates by 25bps from 3.5% to 3.25%. The cut in interest rates was based on low inflationary pressures and continuation of a weaker demand in commodity prices. The rate cut was not entirely a surprise for th...

2015-06-15 John Benjamin Read more

The Kiwi Dollar find saw some relief after weeks of selling off sparked by comments from RBNZ Assistant Governor warning of rate cuts and followed up by the RBNZ's monetary policy decision a week later. Despite a weaker Greenback, the Kiwi dollar fell under pressure after topping out near 0.772 levels to decline to lows of 0.7312. Retail sales d...

2015-05-15 John Benjamin Read more