Entries for April, 2007
Posted in General on Monday, April 30th, 2007
The NZ dollar is caught in a wave of yield chasing in a world where risk has been downgraded. The threat of monetary tightening has kept NZ to the fore of this wave to now. Is there another tightening imminent to sustain this trend? … Read Awaiting the damage assessment.
Posted in General on Monday, April 23rd, 2007
The Reserve Bank of New Zealand has the power to stop this NZ dollar rally and they will probably use it. But will it be sufficient? … Read Monetary tightening to impact soon
Posted in General on Monday, April 16th, 2007
The global authorities are happy to see the US dollar weaken further, and by implication currencies such as the NZ dollar appreciate. But NZ has its own current account problems. The current NZ dollar rally will bring about the conditions to create a NZ dollar fall … Read Bringing forward the NZD rise and fall
Posted in General on Monday, April 9th, 2007
The global markets are embracing risk again, and the NZ dollar along the way. But there are some very real risks that suggest a NZD/USD will struggle generally to exceed 2005 highs … Read NZ Dollar Risks Do exist.
Posted in General on Monday, April 2nd, 2007
As it turned out the NZ dollar was little changed against the major currencies by the end of the first quarter. But there were five things that happened during the quarter that were significant for the NZ dollar over the next quarter, not least being events in Australia and the US … Read Five reasons for a firm NZ dollar.