Tag: NZD
RBNZ Says No More Hikes, NZD Crashes More Than 1%!
The Reserve Bank of New Zealand takes a more dovish tone as the economy’s cracks start to show.
The New Zealand Dollar declines...
Oil and the New Zealand Dollar Decline After Weak Economic Data!
The New Zealand Dollar witnesses a quick decline as we approach this week’s central bank decision and press conference. The NZD falls 0.50%...
Market Update – May 12 – USD Holds on to Gains, Stocks Mixed
The USDIndex rallied to 101.95 as the cooler PPI (3.2% vs 3.4%) and Weekly Claims (264k vs. 245k) readings yesterday added to talk that the...
Market Update – October 5 – Stocks Leap 3%, USD & Yields Sink
USDIndex – Sank and descended into 110.00 as USD and Yields slipped (US 10yr @3.61%). JOLTS missed significantly (10.05m vs 11.24 last time),...
Market Update – January 19 – Stocks tank, Yields higher, Inflation weighs
Stock markets sank (Nasdaq -2.6% as the VIX pushed higher +5.22%). Financials and Pharma companies led the slide, USD firmer supported by high Yields...
NZDUSD Looks Vulnerable as US Dollar Firms Up
NZDUSD remains vulnerable as the downtrend has resumed amid a stronger Greenback.
FOMC is looking to hike interest rates after more robust...
