New Zealand Dollar (NZD)

Summary: RBNZ leaves OCR unchanged at 1.75% at the monetary policy meeting in May Interest rates left unchanged for the nineteenth consecutive month RBNZ gives fresh economic forecasts. Downgrades GDP and inflation RBNZ…
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The first quarter unemployment data was released by Statistics New Zealand last week. According to official data, the New Zealand unemployment rate fell to a nine-year low in the first three months of the year ending March 2018. The…
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The Reserve Bank of New Zealand's monetary policy meeting was largely a non-event as it was partly overshadowed by the Fed's announcement to hike interest rates. The central bank meeting which followed a few hours after the Fed meeting…
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The Reserve Bank of New Zealand decision will be released in few hours, while the economic activities have weakened further compared with the data that was available for the bank during the previous decision. At 09:00 GMT+, eyes will be on…
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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…
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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…
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Summary: RBNZ’s June monetary policy meeting saw no changes to the OCR, which remains steady at 1.75% RBNZ leaves forecasts unchanged from the May policy meeting Expects further cooling in home prices Inflation expected to…
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The Reserve Bank of New Zealand's monetary policy meeting yesterday saw the central bank keeping the overnight cash rate (OCR) unchanged at 1.75% as widely expected. The central bank noted that economic developments since the February…
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AUDUSD Remains Weak Below 0.77 It looks like the Reserve Bank of Australia will not allow the Australian Dollar to add further gains anytime soon and may intervene on any gains. We were looking at the AUDUSD for the past three months…
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The quarterly inflation data for New Zealand released on Thursday showed that headline consumer prices increased 0.4% on the quarter ending December 2016. The annual inflation rate in New Zealand rose to 1.3% up from 0.4% in the previous…
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