RBNZ

The market is in as close to agreement as it can be that the RBNZ will cut rates when its May meeting ends on Tuesday. But there is considerable uncertainty about what it will do after that, allowing for the chance of a 50bps cut. Which…
Read More

RBNZ Rate Decision: Are We Sure It's A Cut? New Zealand's central bank is the first to wade into the choppy waters of the financial world after last week's "flash crash". Although markets have largely stabilized since then, there has been…
Read More

NZDUSD tests resistance The New Zealand dollar jumped after the RBNZ warned that further policy tightening might be needed. The pair is testing 0.6210 at the start of a sell-off in August and a bullish breakout would put last summer’s…
Read More

USDJPY steadies as BoJ may stay dovish The Japanese yen struggles as the end of the massive monetary stimulus seems elusive. As the exchange rate hits its yearly high, market participants are awaiting signs that the Bank of Japan will…
Read More

The NZDUSD has been under pressure for a while, with the major event that could potentially reverse that being the upcoming meeting for the RBNZ. The Kiwi central bank meets hard on the heels of its Australian counterpart, which held rates…
Read More