New Zealand
Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.
- Newest
- Popular
UK, CA, NZ inflation at the helm: The Week Ahead
With traders keen to see who will be the first among the BOE, BOC or RBNZ to cut rates, their attention will be surely on next week's inflation reports for their respective regions.
NZD/USD turns lower as the RBNZ hold rates once more
NZD/USD's break above 60c ahead of the RBNZ's announced that they held rates at 5.5% again was shortly lived, and momentum has turned decisively lower. Ans there could be further downside to come.
The RBNZ hold rates, AUD/USD breaks out ahead of US CPI
The RBNZ held their cash rate steady for the first time following 12 consecutive hikes, whilst AUD/USD broke above its 200-day MA ahead of a key US inflation report.
NZD/USD analysis: The RBNZ’s latest 25bp hike could be their last
NZD pairs were lower after the RBNZ hiked for a 12th consecutive meeting and signalled they may have reached a peak rate of 5.5%. At least for now.
AUD/USD, NZD/USD analysis: RBNZ to deliver a hawkish hike?
The RBNZ (Reserve Bank of New Zealand) are expected to hike by another 25bp tomorrow, despite 1 and 2-year inflation expectations plummeting at their fastest pace since the pandemic.
NZD/USD, AUD/NZD outlook: NZD pairs track headline inflation lower
New Zealander’s can breathe a sigh of relief that their rate of inflation is finally slowing, with both annual and quarterly CPI coming in much less than expected.
The RBNZ surprise with a 50bp interest rate hike
Not for the first time, the RBNZ surpassed market expectations with a 50bp hike, raising their cash rate for an 11th consecutive meeting to 5.25%.
RBNZ deliver a 50bp hike, AU wages softer than forecast
Today’s 50bp hike suggests there are more hikes to come, but we note that they removed the 100bp increment from their debate and slowed their pace of tightening.
RBNZ could hike by 50bp on Wednesday (but don’t discount a 75bp hike)
Whilst economists and market pricing favour a 50bp RBNZ hike on Wednesday, the potential for a 75bp hike is real.
The Consensus Calls for the RBNZ to hike by 75bp tomorrow
If the RBNZ hike by 75bp tomorrow in line with the consensus, it will be their first hike of this magnitude on record.
Asian Open: NZ unemployment falls to a new record low
New Zealand's jobs report saw unemployment fall for a fifth consecutive quarter to a fresh record low of 3.2%.
[VIDEO] NZD/USD: Line in the Sand
The New Zealand government will try and dissuade speculation in the housing market
Kiwi, King of Currencies: NZD/JPY, NZD/USD, GBP/NZD
There are plenty of opportunities to get long for traders who are bullish the Kiwi
Kiwi Trade Balance below expectations
This morning, New Zealand recorded a trade surplus of 282 million New Zealand dollars (below 293 million NZD surplus expected).
NZD/USD Dilemma: Lockdown Lift and Dampened Commodity Sentiment
NZD/USD does not seems to be benefiting from New Zealand's planned lockdown lift and upbeat CPI data...
Is There a Better Currency to Trade vs GBP than USD?
If you like the Pound, you may wish to trade it vs the NZD
What mattered last week and a preview of the week ahead
What mattered last week: An extreme week of volatility as U.S. equity market fell ~15% as the spread of Covid-19 continued. The impact of Covid-19 via border shutdowns, social distancing measures as well as the obvious impact on health impact presents a huge challenge and likely to result in a recession in several countries. Central banks and governments responded by slashing interest rates, resuming/starting Quantitative Easing (QE) programs and boosting/announcing fiscal stimulus packages.
NZD/USD Tumbles below the .60 Level
Although NZD/USD is moving lower, it may be ready for a short-term bounce.
As the facts change - NZDUSD
The well-known quote “When the facts change, I change my mind” attributed to John Maynard Keyes has resonated throughout markets again overnight as the Bank of Canada became the latest central bank to cut official interest rates in response to the economic threat of Covid-19.
NZD/USD Bulls are Salivating
Sometimes, when things look to be at the worst, they may turn out to be the best.
What mattered last week and a preview of the week ahead
What mattered last week: The benchmark U.S. stock index, the S&P 500 posted solid gains for a second straight week, shrugging off concerns over the spread of the coronavirus (now named Covid-19). As the market continues to take the view that the hit to growth from Covid-19 in the shape of travel restrictions, factory closures, etc will be temporary.