BoE
Good local data underpins the NZD; markets shorting the AUD, but not extreme; plenty of data releases over holiday period
Good local data underpins the NZD; markets shorting the AUD, but not extreme; plenty of data releases over holiday period
Markets absorb messages from MPS; see 'demise' of AUD, expecting NZ PMI and consumer confidence to be 'strong'
Markets absorb messages from MPS; see 'demise' of AUD, expecting NZ PMI and consumer confidence to be 'strong'
Fonterra announcement sees NZ$ sell-off and any attempts by the RBNZ to delay hiking the OCR in early 2014 could see further NZ$ softness
Fonterra announcement sees NZ$ sell-off and any attempts by the RBNZ to delay hiking the OCR in early 2014 could see further NZ$ softness
If the RBNZ statement pours cold water on the market’s OCR expectations the NZ$/US$ could pull-back
If the RBNZ statement pours cold water on the market’s OCR expectations the NZ$/US$ could pull-back
US budget deal nears, this time without a crisis; UK economy data expected to be strong and possibly push GBP:NZD lower
US budget deal nears, this time without a crisis; UK economy data expected to be strong and possibly push GBP:NZD lower
Kiwi currency gains from currency volatility of majors, especially the yen; BNZ worry market is getting ahead of itself
Kiwi currency gains from currency volatility of majors, especially the yen; BNZ worry market is getting ahead of itself
BNZ believes current level of NZ$/A$ justified when looking at the trans-tasman fundamentals
BNZ believes current level of NZ$/A$ justified when looking at the trans-tasman fundamentals
Aussie Q3 GDP came in below expectations and the numbers show signs of soft domestic demand
Aussie Q3 GDP came in below expectations and the numbers show signs of soft domestic demand
Higher prices in Fonterra auction and ANZ Commodity Index components helping to strengthen NZ$ against majors
Higher prices in Fonterra auction and ANZ Commodity Index components helping to strengthen NZ$ against majors
The A$ is weaker overnght and will remain in the spotlight today ahead of the RBA meeting
The A$ is weaker overnght and will remain in the spotlight today ahead of the RBA meeting
Sell-off in NZ$ surprising given strength of local data and fundamentals
Sell-off in NZ$ surprising given strength of local data and fundamentals
With the NZ-US 3-year interest rate differentials at around 340 bps, historical correlations suggest the NZ$/US$ cross rate should be above 85c
With the NZ-US 3-year interest rate differentials at around 340 bps, historical correlations suggest the NZ$/US$ cross rate should be above 85c
The demise of the Kiwi dollar due to combination of US$ strength, commodity price weakness and a string of upbeat US economic indicators
The demise of the Kiwi dollar due to combination of US$ strength, commodity price weakness and a string of upbeat US economic indicators
Article notes upward pressure on RBNZ to lft interest rates; NZ$/A$ grinds higher to 5-year highs
Article notes upward pressure on RBNZ to lft interest rates; NZ$/A$ grinds higher to 5-year highs
Positive momentum behind the NZ$ along with macro and leveraged buying saw the NZ$/A$ almost break 90c
Positive momentum behind the NZ$ along with macro and leveraged buying saw the NZ$/A$ almost break 90c