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Entries for February, 2008

Another high approaching

It seems inevitable that the NZD/USD will make new highs this week in the lead up to central bank meetings in March. At present NZ is seen as one of the high inflation, high interest rate, high commodity price, moderate-to-high growth group of economies. However the ‘growth’ component will soon be questioned … Read Can we match Australia?

Australia to lead the way

The greatest influence on the NZ dollar is the Australian dollar. The RBA’s comments last week has likely set the direction for the AUD for the next 2-3 weeks … Read AUD to drag NZD along

No magic from the G7

There was some hope that the G7 might be able to weave some magic on the weekend in the form of new coordinated policies to temper financial market concerns. They did not. They did warn, though, that more difficulties lie ahead … Read As the problems spread

NZD/USD back towards 80c

The NZD/USD pushes towards 80c again as the USD continues aggressive monetary policy easing. The NZD next move will depend largely on what happens offshore … Read USD poised on a knife-edge