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Dairy prices rose 2.2% in auction - a result which would normally be associated with a stronger New Zealand Dollar - however, this was not the case this time as the result was heavily anticipated and macroeconomic factors may also have weighed.
January 2,2018
The Pound-to-New Zealand Dollar rate has broken bearishly out of a channel, indicating more downside is probable in the short-term, whilst New Zealand Dairy prices and UK sector activity data for December constitute the main releases in the week ahead.
December 30,2017
FX Analysts from the world’s top banks give their opinions below on what 2018 might bring for the New Zealand Dollar, otherwise known as the Kiwi.
December 29,2017
The RBNZ is in danger of falling behind the curve but so too are markets. The central bank will raise rates faster than current market pricing suggests, lifting the NZD.
December 22,2017
Wednesday’s data comes closely on the heels of November trade figures and the latest auction of milk powder.
October 5,2023
An A-list appointment to head the RBNZ, higher public spending and rising inflation may not be enough to make up for a fading carry trade and continued political risk next year.
December 19,2017
The New Zealand Dollar has weakened after the first budget of the recently elected government, despite generous spending promises, but the charts indicate the currency may yet recover.
December 14,2017
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