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Foreign exchange strategists at Wall Street investment bank JP Morgan are expecting further declines in the New Zealand Dollar over coming weeks, as the market one again turns its attention to the issue of New Zealand interest rates which could be cut to 0% or below as early as November.
September 8,2020
The New Zealand Dollar's outlook has improved notably according to new technical analysis which says any weakness is likely to be considered an opportunity to buy.
September 3,2020
The New Zealand Dollar outperformed on Wednesday after Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr was interpreted as having given investors a green light to bid the Kiwi currency higher.
September 3,2020
The New Zealand Dollar reached new 2020 highs Tuesday but may be the target of incendiary remarks overnight and into Wednesday as Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr addresses an audience for the first time after being "outdoved" by the Federal Reserve (Fed).
September 1,2020
The New Zealand Dollar advanced on many rivals Friday with its strongest gain coming relative to a retreating U.S. Dollar which may have stolen some Reserve Bank of New Zealand (Fed) thunder, according to ANZ, following a change in monetary policy strategy at the Federal Reserve (Fed).
August 28,2020
Foreign exchange analysts at New Zealand and Australia lender ANZ Bank have updated their forecasts for the New Zealand Dollar, saying the currency faces near-term headwinds owing to the government's aggressive strategy on eliminating covid-19 and a central bank that is more 'dovish' than its peers.
August 27,2020
The New Zealand Dollar appeared to taunt Reserve Bank of New Zealand (RBNZ) policymakers on Wednesday when scaling the top of the major currency performance table following a series of remarks seemingly aimed at coaxing it lower, in a markt dominated by looming speeches from central bankers.
August 26,2020
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