The kiwi pair shows strong positive moment against greenback today, while doing so the kiwi pair enjoys the upward moment amidst the weaker dollar. Today New Zealand’s Prime Minister Jacinda Ardern announced the South Island Pacific nation has clinched a historic Free Trade Agreement (FTA) with the United Kingdom. It eliminates tariffs on a wide [...]
The Kiwi is trading low today has and set aside the low in the early hours of Asian session. Despite the Reserve Bank of New Zealand (RBNZ) raising the rate hike yesterday, the Kiwi pair fell the most in a week. New Zealand's central bank has raised interest rates for the first time in seven [...]
The kiwi pair is showing mid-trend on today early morning after publication of the New Zealand economic data. The pair has rose to the highest level since August 4 this year, in doing so, the kiwi pair pays a little heed to the domestic data and broad US dollar weakness as the COVID-19 fears renew. [...]
Kiwi is recapturing the bullish trend after the release of monetary policy today. A senior central bank official said that the delta variant of the corona virus in New Zealand is not yet a "game changer" and there is no pressure to act on monetary policy. At this point, our basic economic analysis and vision [...]
