The Fundamentals The Kiwi maintains the offered tone in the Asian trades, extending its range-trade into a fifth day, as markets await fresh impetus from the Chinese manufacturing PMI reports for further momentum. Is NZDUSD ready to change direction? In the day ahead, risk remains to the downside, as the demand for the higher-yielding risk cur...

2017-08-29 Colibri Trader Read more
August 2017_Market outlook_0108

The month of July saw the investor sentiment in the US dollar continue to deteriorate. The greenback came under pressure on both fronts that included economic and political developments. Inflation remained a major concern among policymakers. While the uncertainty about the stability of the Donald Trump government continued to play in the backgr...

2017-08-01 John Benjamin Read more
RBA

A few weeks ago, we took a detailed look from a technical point of view at the two interesting pairs. We speculated the possible scenarios, based on the previous reactions and the potential catalysts, which could lead to the next move. Are Australia’s & New Zealand’s central banks intervening in FX market? The Aussie and the Kiwi did it on...

2017-07-26 Nour Eldeen Al-Hammoury Read more
RBNZ_Kiwi

For the past year, there were two currencies which failed multiple times to break above key resistance areas, despite the fact that the US Dollar has been declining for the past six months. Those two currencies are the Aussie and the Kiwi against the US Dollar. Both currencies spent the last year well below key resistance areas, which raise som...

2017-07-26 Nour Eldeen Al-Hammoury Read more
RBNZ Museum

The RBNZ Governor Wheeler gave a speech last week in Auckland where he defended the RBNZ’s policy decision to keep interest rates steady. He said that there were significant downside risks to the outlook for the global economy, especially the protectionist policies from the new U.S. administration. On the domestic front, the RBNZ Governor highl...

2017-03-08 John Benjamin Read more
RBNZ_ New Zealand

RBNZ's McDermott Points To Further Easing Overnight RBNZ Assistant Governor McDermott reiterated the bank’s previous comments that further easing will likely be required. Consequently, NZD rates market is now pricing a roughly 80% chance of a 25bp reduction at the upcoming November 10th meeting.  McDermott also pointed to the upcoming Q3 inflat...

2016-10-11 James Harte Read more
Kiwi_NZ

New Zealand Dollar (NZD), holding steady positions on global markets, is among investors’ favourite currencies. Find out how you could improve your Kiwi trading skills with a special FREE webinar! Kiana Danial, a renowned forex strategist, will walk you through the process of efficient Kiwi investing and help you polish your trading strategy. ...

2016-09-23 Kiana Danial Read more
RBNZ

The Reserve Bank of New Zealand which met earlier today cut the benchmark lending rates by 25bps from 3.0% to 2.75%. The RBNZ cut rates amid concerns of softer growth from China and the weaker activity from emerging markets and developing economies has led to a decline in global commodity prices while at the same time the US economy was showing ...

2015-09-10 John Benjamin Read more
Market news

With Greece stepping out of the picture, we can safely (but still with caution) turn our attention to China, which has reported a 7% growth in its GBP for Q2, exceeding the already positive forecast of 6.9%. The industrial sector output rose 6.8% as of June year-on-year with a forecast of 6.0%. We find the Australian landscape not so bright, ...

2015-07-17 Orbex Read more