The Australian Dollar (AUD) should appreciate against the US Dollar (USD) and the New Zealand Dollar (NZD) amid sticky core inflation, UBS FX strategists note. AUD...
NZD/USD declined 0.6% after the RBNZ stating that it expects inflation to return to the 1-3% target range in 2H. The RBNZ is also diverging from...
AUD/NZD witnessed a significant rise to 1.1090, to multi-year highs. The RBNZ kept rates steady at 5.5%, signaling a willingness to ease sooner rather than later....
AUD/NZD gains momentum around 1.1075 in Wednesday’s Asian session, up 0.63% on the day. The RBNZ maintained the Official Cash Rate (OCR) unchanged at 5.50% at...
The Reserve Bank of New Zealand is expected to keep rates on hold at 5.50% on Wednesday. Upside risks to inflation to offset economic concerns, prompting...
NZD/USD refreshes monthly low near 0.6076 as the Fed’s hawkish remarks strengthen the US Dollar’s appeal. Fed Bowman sees interest rates remaining steady for the entire year....
NZD/USD clings to gains near 0.6200 ahead of US NFP report for May. The US Employment data will influence Fed rate-cut bets for September. The New...
NZD/USD jumps to 0.6815 after downbeat US ISM Manufacturing PMI report. Weak factory activity report dents the US Dollar’s appeal. The RBNZ is less likely to...
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...
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...
New Zealand’s (NZ) inflation expectations extended their decline on a 12-month and a two-year time frame for the second quarter of 2024, the Reserve Bank of New Zealand’s (RBNZ) latest monetary conditions...
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 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...
NZD/USD recaptures 0.5900 as the RBNZ is expected to pivot to rate cuts after the Fed. The USD Index moves higher as the strong US economic...
NZD/USD bounces back from 0.5860 as the US Dollar edges down. Investors see the RBNZ beginning to reduce interest rates from November. The Kiwi asset trades...
NZD/USD moves higher to 0.5900 as traders see the RBNZ reducing key interest rates from November. NZ Q1 inflation grew by 0.6% as expected. Fed Powell...