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The New Zealand dollar is trading at a near 17-year low on a Trade-Weighted Index basis, and a likely hike by the US Federal Open Market Committee – the
HONG KONG, April 21 (Reuters) - Most currencies were largely steady on Tuesday, with investors waiting to see whether there will be a U.S.-Iran deal to reopen Gulf shipping, while a sticky inflation reading lifted the New Zealand dollar. With the ...
ANALYSIS: Liam Dann takes a deeper dive into the week's economic news.
Elias Haddad highlights that New Zealand Q2 Gross Domestic Product (GDP) is expected to slow sharply, with domestic demand weighed by higher fuel prices, uncertainty and falling house prices, though leading indicators suggest Q3 recovery.
New Zealand’s dollar is facing a subdued third quarter as a resurgent greenback and the lingering effects of the Iran war’s energy shock drag on the domestic recovery. Westpac Banking Corp. forecasts the currency to weaken to 55 US cents by end-July ...
Pound-New Zealand Dollar could remain elevated if UK inflation keeps BoE tightening expectations alive, while weaker New Zealand growth may weigh on the Kiwi
NZD/USD extends its losses for the third successive day, trading around 0.5850 during the Asian hours on Tuesday. The pair is depreciating as the New Zealand Dollar (NZD) remains under pressure following the release of trade data from China,
The dollar held steady near a two-week high on Wednesday ahead of a Federal Reserve decision that traders expect will mark the first in a series of U.S. interest rate hikes. Market participants are betting heavily that Fed policymakers will lift their benchmark rate by a quarter of a percentage point,
Pound-New Zealand Dollar could stay supported if Healey reassures bond markets, although softer UK GDP risks limiting Sterling’s recovery