2016-09-21 21:00 GMT | [NZD - Official Cash Rate] past data is 2.00%forecast data is 2.00%actual data is 2.00% according to the latest press release if actual > forecast (or previous one) = good for currency (for NZD in our case) [NZD - Official Cash Rate] = Interest rate at which banks lend balances held at the RBNZ to other banks overnight. ========== NZD/USD M5: 59 pips range price movement by RBNZ Official Cash Rate news ...
Trading the News: Reserve Bank of New Zealand (RBNZ) Interest Rate Decision According to a Bloomberg News survey, 10 of the 17 economists polled anticipate the Reserve Bank of New Zealand (RBNZ) to retain its current policy in June, but more of the same from Governor Graeme Wheeler and Co. may encourage a further recovery in NZD/USD should the central bank largely endorse a wait-and-see approach for monetary policy. What’s Expected: ...
New Zealand posted a merchandise trade deficit of NZ$53 million in December, Statistics New Zealand said on Thursday - representing 1.2 percent of exports. more...
SNB, BoE, RBNZ, EUR Correction, Don't Sell CHF For Now What we’re watching: FX Focus – Don’t sell the franc…for now: unstable risk sentiment and limited scope of the SNB turning more aggressive next week may trigger further franc upside risk, in particular versus the AUD. USD– Retail sales will be the last important data release ahead of the December rate announcement.GBP – A reiteration of the dovish language from the last inflation report as part ...
US Dollar Forecast- Dollar and Market Confidence Ride on FOMC Decision The US Dollar managed to muscle out a modest advance this past week despite favorable winds for investor sentiment (through benchmarks like S&P 500 and volatility indexes) as well as a persistent dovishness in rate forecasts. Japanese Yen Forecast – USD/JPY to Eye Fresh Highs on Less-Dovish FOMC, More BOJ Easing The fundamental outlook for USD/JPY remains bullish as Federal Open Market Committee (FOMC) ...
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