RBNZ

The Reserve Bank of New Zealand meet this week, on Wednesday 23 November 2022 (local time).Earlier:RBNZ Shadow Board majority view is for a +75bp interest rate hike (cash rate to 4.25%)This from Danske on the decision and the NZD…

Recommended by Daniel Dubrovsky Get Your Free Equities Forecast Global market sentiment was a mixed bag last week. It was a relatively disappointing 5 days for Wall Street as the tech-heavy Nasdaq 100 sank…

With the Thanksgiving holiday in the US on Thursday, markets may be slow towards the end of the week.  Friday is also a half-day in for markets in the US.  However, that also means that if there is a surprise in the markets, things…

EUR/USD is expected to deliver a lackluster performance ahead of Fed Powell’s speech. Fed’s Powell is expected to follow the footprints of RBNZ’s Orr and may sound hawkish The arrival of winter will impact the…

NZD/USD Weekly Fundamental Forecast: BearishNZD/USD remains dependent on the USD despite leading up to another official cash rate hikeNZD weighed down by proximity to China as US-China tensions flare upNZD/USD Rises on Softer USD…

Risk assets surged last week after a softer-than-expected US consumer price index (CPI) cooled inflation and growth concerns. The Dow Jones Industrial Average (DJIA) closed the week with a 2.92% gain. The small-cap Russell 2000 climbed…

RBNZ news (read from the bottom up for the chronology)Other: USD/JPY climbed back above 137 during the session with little in the way of fresh news nor data. USD/JPY lows were circa 136.70 and the…

The Reserve Bank of New Zealand raised the cash rate by 50bps at its monetary policy meeting. This takes the cash rate from 1.5% to 2.0%. The rate hike was widely, basically unanimously, expected. Markets were pricing in the peak for the…

The  NZDUSD  NZD/USD The NZD/USD is a commonly offered currency pair representing the New Zealand dollar or Kiwi and US dollar.  The pair is popular for exposure into a commodity currency, i.e. the NZD,…

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