© Rawpixel.com, Adobe Stock. The Kiwi’s fortunes now depend on whether global markets can maintain their newfound calm, which has prevailed since the stock market sell off of February 06, and on noises emanating from the Reserve Bank of New Zealand.
February 27,2018
The GBP/NZD pair looks poised to rise up to the November highs as it resumes its uptrend following the recent correction.
February 26,2018
Divergent trends in Kiwi and Australian wage growth could mean more downside for AUD/NZD but betting on a fall in the Pound-to-Kiwi rate makes more sense, according to Deutsche Bank.
February 23,2018
GBP/NZD continues pulling-back as we start the new trading week but longer-term the trend remains bullish and is expected to reassert itself in time.
February 19,2018
Inflation expectations are important for currency markets because the RBNZ can only be expected to raise interest rates after inflation has made a sustainable return into the higher end of the 1% to 3% target band.
February 14,2018
GBP/NZD is trading with an upside bias and could potentially move up to the 1.98s if there is a breakout in the week ahead.
February 12,2018
“We don’t foresee an OCR hike until late-2019. If anything, we would put the odds of an OCR reduction this year as slightly higher than the odds of a hike, although a large shock would be required to generate either,” - Westpac.
February 8,2018
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