Reserve Bank of New Zealand (RBNZ) Deputy Governor Hawkesby said on Friday that “cutting interest rates is not part of near-term discussion. “ Further comments While...
Reserve Bank of New Zealand Assistant Governor Karen Silk said early Friday that she is “concerned about near-term inflation risks.” “Bank has adjusted its modeling after...
New Zealand’s (NZ) Finance Minister Nicola Willis said in a speech on Thursday that The (government’s) deficit is expected to be larger next year than it...
NZD/USD trades in positive territory near 0.6108 in Thursday’s Asian session. The RBNZ’s hawkish hold has boosted the Kiwi. Fed minutes offered the cautious tine, indicating worries over...
Greenback is broadly firmer on Wednesday after hawkish Fed. Investors hoping for signs of rate cuts continue to be disappointed. RNBZ Governor Orr due to speak...
The Reserve Bank of New Zealand is widely anticipated to maintain the OCR at 5.50% The language in the policy statement is expected to remain hawkish....
NZD/USD holds ground after NZIER Monetary Policy Shadow Board advised the RBNZ to keep the OCR unchanged at 5.5%. The US Dollar faces a challenge as...
The daily chart reveals a strong bullish sentiment with indicators deep in positive territory. Hourly indicators show a flattening buying traction but remain positive. The pair...
NZD/USD pulls back from a two-month high of 0.6140 marked on Thursday. Technical analysis suggests a confirmation of the bullish trend for the pair. The pair...
NZD/USD holds positive ground around 0.6055, adding 0.32% in Wednesday’s early European session. Fed’s Powell said inflation might prove to be more persistent than expected, keeping the Fed to...
NZD/USD attracts some sellers around 0.6015 in Tuesday’s early European session. The Fed’s Jefferson was the latest policymaker to call for holding rates at current levels until inflation shows...
New Zealand’s Electronic Retail Sales contracted in April, falling -0.4%. The decline slowed the pace of contraction from the previous month’s -0.7%, but the annualized figure...
NZD/USD has depreciated as the softer Inflation Expectations (Q2) fueled speculation that the RBNZ may lower rates in 2024. The Kiwi Business NZ PSI fell to...
The daily chart reveals a subtle change in buyers’ momentum, noted by decreasing MACD green bars and a neutral RSI. Hourly indicators picture a balanced scenario...
NZD/USD retreated after the data showed the manufacturing sector had been in contraction for 14 consecutive months. The Business NZ Performance of Manufacturing Index improved to...
NZD/USD gains ground after Chinese import shows rise in April. RBNZ indicated a delay in any potential rate cut until 2025. The higher US Treasury yields...
NZD/USD faces selling pressure above 0.6000 as US Dollar recovers. Fed Kashkari doesn’t see interest rate cuts this year. Investors see the RBNZ reducing interest rates...
NZD/USD snaps its winning streak due to a rebound in the US Dollar. The US Dollar struggled due to softer-than-expected US jobs data revived hopes for...
The daily indicators hint at a strengthening bullish momentum. Hourly indicators are consolidating after hitting overbought conditions earlier in the session. If the buyers regain the...
NZD/USD recovers intraday losses but uncertainty remains with eyes on Fed’s policy announcement. The Fed may emphasize maintaining interest rates higher for a longer period. NZ...