"This week has a definite make-or-break feel about it as we head into the RBNZ MPS," says David Croy, a strategist at ANZ Bank, regarding the key event facing the New Zealand Dollar.
February 26,2024
TD Securities is the latest bank to say the Reserve Bank of New Zealand (RBNZ) will raise interest rates again, which can further underpin recent New Zealand Dollar resilience.
February 23,2024
The Reserve Bank of New Zealand could send ripples through financial markets if it raises interest rates next week, says Rabobank.
February 21,2024
The New Zealand gained after New Zealand’s BusinessNZ Performance of Services index unexpectedly climbed above the 50 zone that separates expansion from contraction, adding to speculation that the RBNZ may not be done raising interest rates yet.
February 20,2024
GBP/NZD is trending lower in the short term and the next target is seen at approximately 2.04; however, a strong UK PMI reading on Thursday could frustrate the move.
February 22,2024
The New Zealand Dollar has been weighed down by various factors of late, but new analysis from Commerzbank says "things could start to look better in the coming months".
February 16,2024
The New Zealand Dollar gave back some of its recent gains following the release of a survey showing a decline in inflation expectations, which lowered the odds of another Reserve Bank of New Zealand interest rate cut.
February 13,2024
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