Roger J Kerr

Roger J Kerr says retreat by the NZD has been due to unwinding of carry trades and NZD/AUD speculative positions

Roger J Kerr says retreat by the NZD has been due to unwinding of carry trades and NZD/AUD speculative positions

Roger J Kerr says lower dairy income and lower growth means that the RBNZ won't be as aggressive with their OCR hikes

Roger J Kerr says lower dairy income and lower growth means that the RBNZ won't be as aggressive with their OCR hikes

Roger J Kerr says the FX markets are waiting to be told that the NZ economic fundamentals have weakened

Roger J Kerr says the FX markets are waiting to be told that the NZ economic fundamentals have weakened

Roger J Kerr says our economy is highly dependent on climate, export prices and currency and therefore has high vulerabilities and economic risk

Roger J Kerr says our economy is highly dependent on climate, export prices and currency and therefore has high vulerabilities and economic risk

Roger J Kerr sees the tide turning in favour of the USD internationally; the local FX market is now expects the RBNZ to revise down their GDP growth and inflation forecasts

Roger J Kerr sees the tide turning in favour of the USD internationally; the local FX market is now expects the RBNZ to revise down their GDP growth and inflation forecasts

Roger J Kerr sees interest rate yield curve steepening giving a good opportunity to fix more debt or extend the maturity on existing fixed rate debt

Roger J Kerr sees interest rate yield curve steepening giving a good opportunity to fix more debt or extend the maturity on existing fixed rate debt

Roger J Kerr says if the markets don't rescue the RBNZ they could surprise by cancelling the June OCR increase. That would get their attention

Roger J Kerr says if the markets don't rescue the RBNZ they could surprise by cancelling the June OCR increase. That would get their attention

Roger J Kerr sees a market opportunity that should not be missed by borrowers with a high level of swap maturities over the next 12 to 24 months

Roger J Kerr sees a market opportunity that should not be missed by borrowers with a high level of swap maturities over the next 12 to 24 months

Roger J Kerr says the RBNZ may consider cancelling OCR increases in June/July if the exchange rate stays high

Roger J Kerr says the RBNZ may consider cancelling OCR increases in June/July if the exchange rate stays high

Roger J Kerr sees the golden run ending as the 'upcoming winter months may be somewhat tougher for the economy than most expect'

Roger J Kerr sees the golden run ending as the 'upcoming winter months may be somewhat tougher for the economy than most expect'

Roger J Kerr says both the upcoming US jobs report and the Aussie budget are likely to be negative for the NZD, reinforcing the drop in milk powder prices

Roger J Kerr says both the upcoming US jobs report and the Aussie budget are likely to be negative for the NZD, reinforcing the drop in milk powder prices

Roger J Kerr advises the RBNZ to select their words much more carefully this time than they did in March as the currency needs to follow dairy prices down

Roger J Kerr advises the RBNZ to select their words much more carefully this time than they did in March as the currency needs to follow dairy prices down

Roger J Kerr reminds us that the demand to invest into NZ’s higher yields dissipates quickly if the currency ceases to appreciate and starts to depreciate

Roger J Kerr reminds us that the demand to invest into NZ’s higher yields dissipates quickly if the currency ceases to appreciate and starts to depreciate

Roger J Kerr warns that interest rate increases could be a lot sooner and more severe if the NZ dollar falls sharply

Roger J Kerr warns that interest rate increases could be a lot sooner and more severe if the NZ dollar falls sharply

Roger J Kerr says a surprise 'no change' OCR decision would be much more effective to pull the NZ dollar down than jawboning

Roger J Kerr says a surprise 'no change' OCR decision would be much more effective to pull the NZ dollar down than jawboning

Roger J Kerr wonders who will buy US bonds now that the Fed is cutting back; selling pressure will force yields higher

Roger J Kerr wonders who will buy US bonds now that the Fed is cutting back; selling pressure will force yields higher

Roger J Kerr says the Trade Weighted Index is looking down the barrel of a significant drop

Roger J Kerr says the Trade Weighted Index is looking down the barrel of a significant drop

Roger J Kerr says because mortgage holders aren't fixing long, OCR increases this year and next will bite the retail and housing sectors earlier and harder

Roger J Kerr says because mortgage holders aren't fixing long, OCR increases this year and next will bite the retail and housing sectors earlier and harder

Roger J Kerr says it would be more effective for the RBNZ to not increase the OCR in April, surprise the markets causing NZD selling and depreciation

Roger J Kerr says it would be more effective for the RBNZ to not increase the OCR in April, surprise the markets causing NZD selling and depreciation

Roger J Kerr looks at the official interest rate 'forecasts' by the RBNZ and sees them more as working assumptions, changeable as circumstances alter

Roger J Kerr looks at the official interest rate 'forecasts' by the RBNZ and sees them more as working assumptions, changeable as circumstances alter

Roger J Kerr says that Yellen's timing and the wholemilk powder prices drops are not positive for the Kiwi dollar

Roger J Kerr says that Yellen's timing and the wholemilk powder prices drops are not positive for the Kiwi dollar

Roger J Kerr says there's a major inflation problem in the NZ economy that the RBNZ seems unable or unwilling to address

Roger J Kerr says there's a major inflation problem in the NZ economy that the RBNZ seems unable or unwilling to address

Roger J Kerr sees the lack of flow-through since the OCR decision as confirming offshore investors are wary of the high NZD

Roger J Kerr sees the lack of flow-through since the OCR decision as confirming offshore investors are wary of the high NZD

Roger J Kerr looks at the risks or developments that could force the RBNZ to re-assess and adjust the expected pace of OCR increases

Roger J Kerr looks at the risks or developments that could force the RBNZ to re-assess and adjust the expected pace of OCR increases

Roger J Kerr expects the long-term resistance for the NZ dollar around US85c to prevail again

Roger J Kerr expects the long-term resistance for the NZ dollar around US85c to prevail again