The global auction in dairy products is a major release for the New Zealand Dollar given the importance of dairy exports to the New Zealand economy, in the UK there is the Autumn Budget and on the …
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The New Zealand Dollar has pulled-back into the ideal sell-zone and bears should prepare for another selling session, says Trade With Precision.
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A lower-than-expected data print from the UK has sent Sterling into free-fall.
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The Pound-to-New Zealand Dollar (Kiwi) has pulled back as a result of surprise Kiwi strength due to a better economic outlook, the Pound meanwhile remains deadlocked over Brexit.
Read more … →The Kiwi has been oversold since the September election. Government policy means RBNZ inflation forecasts are rising, while the RBA sees price pressures waning further still, leading one stra…
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Kiwi interest rates are likely to rise sooner than previously thought, RBNZ reform is looking like a damp squib and strategists are saying the NZD could be due a recovery.
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The New Zealand Central Bank has the power to influence the exchange rate to a considerable degree, although analysts are divided as to whether it will when it meets on Wednesday.
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