RBNZ

Reserve Bank of New Zealand forecast from Westpac Bank in New Zealand.Westpac revises RBNZ rate cut forecast, now sees easing in October, NovemberWestpac now expects the Reserve Bank of New Zealand to cut the official cash rate by 25 basis…

New Zealand's consumer price inflation rate fell more than expected in the second quarter, boosting bets that the economy is slowing at a pace that could prompt an interest rate cut by the Reserve Bank. China's gross domestic product…

Basic OverviewThe US dollar fell broadly last week after another weak US CPI report and positive jobless claims numbers. The market has not only priced in a September rate cut, but has also started to price in some chances of a back-to-back…

UBS has updated its forecast for the New Zealand dollar (NZD), expecting a weaker-than-expected performance against its G10 peers, including the US dollar. The adjustment follows a previous warning on May 30 that the pair was on thin ice…

The Reserve Bank of New Zealand left interest rates unchanged at 5.50% for the eighth straight month in July, as expected. Their official statement indicated that their restrictive monetary policy had succeeded in reducing price…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

Most Asian currencies moved in a flat-to-low range on Wednesday as the dollar found some strength after Federal Reserve Chairman Jerome Powell offered no direct signals on interest rate cuts. The New Zealand dollar was the worst performer…

The two most interesting items during the session here were inflation data from China and the Reserve Bank of New Zealand's July monetary policy review. The Reserve Bank of New Zealand dropped a dovish bombshell. I explained it at the…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

Basic OverviewThe US dollar has been broadly weaker since last Friday following the weak US non-farm payrolls report. The data showed further slowdown in the labor market with the unemployment rate rising and wage growth declining.…