OCR
USD ended the day down on all major crosses, with the TWI down 0.6%; NZD was up 0.4% against the USD to 0.7240; NZDAUD was flat at 0.9130; long end local and UST yields were lower
28th Aug 17, 8:00am
USD ended the day down on all major crosses, with the TWI down 0.6%; NZD was up 0.4% against the USD to 0.7240; NZDAUD was flat at 0.9130; long end local and UST yields were lower
NZD tested the 0.7200 USD mark as it probed below that level to 0.7192, but didn't stay at that level for very long; US debt ceiling debacle continues; JPY biggest mover of the day
25th Aug 17, 7:54am
NZD tested the 0.7200 USD mark as it probed below that level to 0.7192, but didn't stay at that level for very long; US debt ceiling debacle continues; JPY biggest mover of the day
New Reserve Bank figures show the amount borrowed by first home buyers was up last month compared with a year ago - while investors borrowed $1 bln less than they did in July 2016
24th Aug 17, 3:42pm
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New Reserve Bank figures show the amount borrowed by first home buyers was up last month compared with a year ago - while investors borrowed $1 bln less than they did in July 2016
USD DXY was down 0.4% and the TWI was down 0.2% after Trump's comments on the US debt ceiling and NAFTA; NZD underperforms, falling 0.7% against a soft USD and down on all crosses; NZDAUD down to 0.9140
24th Aug 17, 8:20am
USD DXY was down 0.4% and the TWI was down 0.2% after Trump's comments on the US debt ceiling and NAFTA; NZD underperforms, falling 0.7% against a soft USD and down on all crosses; NZDAUD down to 0.9140
USD recovers losses from the previous session, USD indices up 0.4-0.5%; NZD down 0.7% to 0.7275 USD; CAD the only major to hold ground against USD
23rd Aug 17, 7:52am
USD recovers losses from the previous session, USD indices up 0.4-0.5%; NZD down 0.7% to 0.7275 USD; CAD the only major to hold ground against USD
Major USD indices are down 0.3-0.4% and are threatening key technical levels; EUR one of the best performers against the USD, up 0.5% to 1.1815; NZD up 0.2% to 0.7325 USD
22nd Aug 17, 7:53am
Major USD indices are down 0.3-0.4% and are threatening key technical levels; EUR one of the best performers against the USD, up 0.5% to 1.1815; NZD up 0.2% to 0.7325 USD
Westpac economists say there is no compelling case at the moment for the Reserve Bank to loosen the limits on high loan to value ratio lending
21st Aug 17, 11:26am
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Westpac economists say there is no compelling case at the moment for the Reserve Bank to loosen the limits on high loan to value ratio lending
NZD ended the week at 0.7315 USD up 0.4% for the day; USD DXY 0.2% lower despite positive data and ousting of Trump's chief strategist Bannon, which was viewed positively by the market
21st Aug 17, 7:59am
NZD ended the week at 0.7315 USD up 0.4% for the day; USD DXY 0.2% lower despite positive data and ousting of Trump's chief strategist Bannon, which was viewed positively by the market
NZD has been rangebound over the past session, sitting close to 0.7300 USD; JPY and CHF best performing currencies, both up around 0.4% against the USD; EUR lower following the release of ECB minutes
18th Aug 17, 8:11am
NZD has been rangebound over the past session, sitting close to 0.7300 USD; JPY and CHF best performing currencies, both up around 0.4% against the USD; EUR lower following the release of ECB minutes
NZD was up 1% against the USD and AUD and CAD were up 1.2% and 0.7% respectively; USD recovery ended with Trump in the headlines and the market interpreting the FOMC minutes as being on the dovish side
17th Aug 17, 8:22am
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NZD was up 1% against the USD and AUD and CAD were up 1.2% and 0.7% respectively; USD recovery ended with Trump in the headlines and the market interpreting the FOMC minutes as being on the dovish side
It's all very well talking about removing loan to value lending limits, but we need to hear what the Government would do if house prices started to rise quickly again
16th Aug 17, 4:15pm
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It's all very well talking about removing loan to value lending limits, but we need to hear what the Government would do if house prices started to rise quickly again
NZDUSD down 0.7% to 0.7235 and NZDAUD down 0.3% to 0.9255; USD extends recovery as geopolitical tensions ease; JPY and GBP underperform as safe haven flows reverse
16th Aug 17, 7:54am
NZDUSD down 0.7% to 0.7235 and NZDAUD down 0.3% to 0.9255; USD extends recovery as geopolitical tensions ease; JPY and GBP underperform as safe haven flows reverse
NZD sits at 0.7290 USD, down 0.3% from last week's close; USD reverses Friday's declines, rising against all majors; AUD underperforms, NZDAUD up to 0.9280
15th Aug 17, 8:03am
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NZD sits at 0.7290 USD, down 0.3% from last week's close; USD reverses Friday's declines, rising against all majors; AUD underperforms, NZDAUD up to 0.9280
Economists are pushing out the timeframe for interest rate rises, while ANZ economists say they are tempted to 'flat-line' their future interest rate projections
14th Aug 17, 4:02pm
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Economists are pushing out the timeframe for interest rate rises, while ANZ economists say they are tempted to 'flat-line' their future interest rate projections
David Hargreaves suggests the real estate industry is singling out the wrong target by urging exemptions from the RBNZ’s LVR rules for first home buyers
14th Aug 17, 11:04am
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David Hargreaves suggests the real estate industry is singling out the wrong target by urging exemptions from the RBNZ’s LVR rules for first home buyers
Weak US inflation data triggers broad based USD weakness; NZDUSD closed the week at 0.7315 and NZDAUD closed around 0.9270
14th Aug 17, 8:21am
Weak US inflation data triggers broad based USD weakness; NZDUSD closed the week at 0.7315 and NZDAUD closed around 0.9270
NZD lost ground in the Asian session yesterday and traded a tight range overnight to trade at around 0.7280; geopolitical tensions lead to a stronger Yen; other currency movements were modest
11th Aug 17, 7:56am
NZD lost ground in the Asian session yesterday and traded a tight range overnight to trade at around 0.7280; geopolitical tensions lead to a stronger Yen; other currency movements were modest
David Hargreaves on RBNZ Governor Graeme Wheeler's final curtain call
Reserve Bank leaves Official Cash Rate unchanged at 1.75%; still forecasting interest rate rises from late 2019 onwards; dollar gains slightly
10th Aug 17, 9:09am
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Reserve Bank leaves Official Cash Rate unchanged at 1.75%; still forecasting interest rate rises from late 2019 onwards; dollar gains slightly
NZD traded a tight 25 point range and is flat at 0.7330 USD; NZDAUD stretched up to 1.08, a level where investors began taking profit; safe-haven flows saw funds move into the Yen
10th Aug 17, 8:00am
NZD traded a tight 25 point range and is flat at 0.7330 USD; NZDAUD stretched up to 1.08, a level where investors began taking profit; safe-haven flows saw funds move into the Yen
NZD at the bottom of the leaderboard as traders expect dovish tone from RBNZ; NZ rates were lower and the long end rates outperformed global peers; USD and UST yields were higher
9th Aug 17, 7:55am
NZD at the bottom of the leaderboard as traders expect dovish tone from RBNZ; NZ rates were lower and the long end rates outperformed global peers; USD and UST yields were higher
NZD is now a full two cents lower from the late July peak, after losing 0.7% to 0.7630 USD; USD holds on to Friday's post employment gains; other commodity currencies down slightly
8th Aug 17, 8:00am
NZD is now a full two cents lower from the late July peak, after losing 0.7% to 0.7630 USD; USD holds on to Friday's post employment gains; other commodity currencies down slightly
Influential RBNZ Survey of expectations shows anticipated inflation of 2.09% in two years time, down from 2.17% in May and close to the RBNZ's explicit target of 2%
7th Aug 17, 3:17pm
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Influential RBNZ Survey of expectations shows anticipated inflation of 2.09% in two years time, down from 2.17% in May and close to the RBNZ's explicit target of 2%
What will the RBNZ do and say in Governor Graeme Wheeler's swansong OCR review and Monetary Policy Statement?
7th Aug 17, 8:11am
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What will the RBNZ do and say in Governor Graeme Wheeler's swansong OCR review and Monetary Policy Statement?
American jobs grow as the Fed needs. Focus now turns to inflation which has been lagging. Markets not pricing rate hike just yet. NZD fares better than others against USD
7th Aug 17, 8:06am
American jobs grow as the Fed needs. Focus now turns to inflation which has been lagging. Markets not pricing rate hike just yet. NZD fares better than others against USD