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👤Xinyang
🕔October 11, 2016
Fundamental Outlook: NZD/USD
During the Asia-Pacific session, AUD and NZD remained pressured with the NZD weighed on by comments from RBNZ Assistant Governor McDermott who stated that “policy is to remain accommodative and that projections indicate that further policy easing will be required.” Coming up in today’s London session will be comments from MPC Member Saunders.…
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Fundamental and Technical Outlook: GBP/USD & NZD/USD
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👤Xinyang
🕔August 26, 2016
Fundamental Outlook: GBP/USD & NZD/USD
During the Asia-Pacific session the main data released was CPI data from Japan. CPI missed estimates across the board with Tokyo CPI Ex Fresh Food & Energy y/y declining to 0.1%, its lowest reading since 2013.…
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👤Xinyang
🕔July 24, 2016
NZD/USD is the top mover at -1.61 per cent (-0.01145 points) this trading week. This was due to 3 key events that happened:
1. New Zealand’s Q2 CPI data missed missed both the consensus readings from economists and RBNZ’s own forecasts, thereby renewing rate cut expectations.…
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NZD continues to descend
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👤Xinyang
🕔July 18, 2016
After yesterday’s weak inflation data, NZD/USD continues its descend as the RBNZ releases property cooling measures. A consultative paper was released by RBNZ this morning, stating that it intends to introduce new macro-prudential measures nationwide to mitigate systematic risks to bank from mortgage lending.…
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Signs of rate cut after weak New Zealand Inflation data
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👤Xinyang
🕔July 18, 2016
The NZD dropped sharply on Monday after inflation dropped unexpectedly in the second quarter. Consumer prices in New Zealand raised 0.4% y/y in the June quarter of 2016, which is similar to the previous period and lower than market expectations of a 0.5% increase.…
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