Currency
Kiwi Bounces Upwards On Strong Data
The NZD was the strongest performer over the past 24-hours, as US bond yields consolidated and risk appetite inched higher, says BNZ strategist, markets, Kymberly Martin.
Calm after the storm
A string of positive US data should see the tussle between risk buying and USD strength continue, says ANZ agri economist Con Williams. However, with no local data today we can expect a subdued Friday session. ...
Kiwi Unable to Withstand USD Surge
The NZD has been unable to stand in the way of the sweeping broad strength of the USD, following yesterday morning’s Federal Reserve decision, says Kymberly Martin, markets strategist at BNZ. ...US Pressure on NZ Dollar
Expect further brutal moves for the NZD as rising US yields provide an opportunity for it to stab deeper through support levels.says Mark Smith, senior economist at ANZ. ...Kiwi Goes Higher
The NZD inched higher over the past 24-hours. It was whipped around overnight by the release of positive US retail sales data, and the US FOMC announcement this morning, says Kymberly Martin , markets strategist at BNZ. ...Topside Move for the Kiwi?
Early morning digestion of the US FOMC meeting minutes may well see further topside moves for the NZD, says Mark Smith senior economist at ANZ. ...Easier bias for NZD
The NZD traded with a slight downward bias over the past 24-hours, to sit just above 0.8170 currently, says Kymberly Martin, markets strategist at BNZ. ...Kiwi Looking for a Direction
The NZD should again find a directional bias from offshore as it attempts to shrug off AUD weakness, says ANZ interest rate strategist David Croy. ...Strong US dollar dominates
The NZD declined relative to a broadly stronger USD on Friday, though it held up better than most of its peers, says BNZ markets strategist Kymberly Martin. ...Testing week ahead for Kiwi
With little by way of local data to trade off this week the NZD will again look to offshore direction and demand, says Cameron Bagrie, chief economist at ANZ. ...
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