Falling dairy prices has put more pressure on the New Zealand authorities to loosen monetary policy and weaken their currency, whilst the Pound buckets on Brexit risk.
Read more … →More downside likely both from the charts and the attraction of New Zealand interest rates.
Read more … →The survey of international businesses finds they expect a lower NZD exchange rate eventually, less FX demand from exporters and increased use of FX Options as a hedge.
Read more … →The normally strong New Zealand dollar has pulled back over recent days as expectations have increased that the Reserve Bank of New Zealand (RBNZ) are likely to raise interest rates in the near futโฆ
Read more … →For GBP/NZD the outlook is dictated by trade data for New Zealand Dollar, UK GDP revisions and technical studies that show a bearish right-angled triangle forming.
Read more … →The New Zealand dollar has been out-performing almost all the other currencies in the G10 currency-sphere recently, is this rally over now or has it got further to go?
Read more … →Westpacโs in-house G10 FX Model has made an aggressive bet on further New Zealand Dollar strength over coming days.
Read more … →