RBNZ

NZDUSD or NZD/USD is the abbreviation used for the currency pair consisting of the New Zealand Dollar and the United States Dollar, and traders will often simply call it the "Kiwi" in reference to the flightless bird that is the country's… Read More

The Reserve Bank of New Zealand met for its monetary policy meeting on late Wednesday. As widely expected, the Central Bank held interest rates unchanged at 1.75%. The decision to leave interest rates steady came amid what is seen as a… Read More

The markets were seen trading subdued ahead of the NY trading session as polling for the mid-term elections was underway. Reports indicate that the Democrats are back in control of the House while the Republicans have maintained control… Read More

The week ahead will kick off with some big events lined up primarily in the United States. Heading into this week, the U.S. mid-term elections are due and could bring a significant bout of market volatility. This is later followed up by the… Read More

Consumer prices in New Zealand rose unexpectedly in the three months ending September 2018; official data showed last week. Headline inflation rate was seen rising 0.9% on a quarterly basis during the third quarter of 2018, data from… Read More

The New Zealand Dollar (NZD) is surprisingly popular among traders given the unique characteristics of the country it's from - taking a larger than life role in the markets, not unlike the hobbits they are now famous for. Before the Lord of… Read More

The Reserve bank of New Zealand will be holding its monetary policy meeting this week. The central bank is expected to leave interest rates unchanged. The official cash rate remains at 1.75%. Despite an uptick in recent economic data,… Read More

The economic calendar for the week ahead remains relatively quiet. This puts extra focus on the Fed's meeting due this week on Wednesday. The FOMC will be releasing its monetary policy statement along with staff economic projections and a… Read More

Summary: New Zealand quarterly retail sales rise 1.1%, above estimates of 0.4% Annual retail sales rise 3.1% Better than expected retail sales raises prospects of a stronger Q2 GDP growth The latest retail sales report from… Read More

Daily Forex Market Preview - 09/08/2018 The U.S. Dollar was on the back foot on Wednesday. China is set to hit the U.S with fresh trade tariffs of the amount of $60 billion. The market reaction was however largely muted. The British… Read More