USD to fresh lows
So much for the lower NZ dollar, the NZD having bounced back very quickly. With the USD under pressure more NZD/USD upside is possible. Then it becomes a matter of relative growth rates … Read When growth rates slow
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So much for the lower NZ dollar, the NZD having bounced back very quickly. With the USD under pressure more NZD/USD upside is possible. Then it becomes a matter of relative growth rates … Read When growth rates slow
The central banks around the world are in watching mode. For now the markets are relatively calm and the NZD is drifting higher. The RBNZ assume that the NZD will remain at current levels for three years. Of course that will never happen. The dollar will move, and move rapidly. Can you afford to wait and see which way it does go?… Read But can business take the risk?
The NZD continued to slide last week, noticeably falling below 85 Australian cents. The RBNZ will not necessarily want to see the NZD appreciate but inflation remains a key concern and the RBNZ will likely repeat its warning that the OCR is not about to be lowered anytime soon, except in case of global crisis, providing some support to the NZD … Read RBNZ unlikely to cut OCR soon
At times like this we turn to history to get some guide as to what happens next. The past suggests that the NZD would normally stop falling for a while now. But then, is today normal? … Read Under normal circumstances