Kiwi showed downtrend showing reaction to the recent August RBNZ monetary policy decision and Country lock down. New Zealand RBNZ releases it monetary policy today, which agreed to kept the Official Cash Rate (OCR) on hold at 0.25 per cent for now. Reserve Bank governor Adrian Orr said on today that decision made among the [...]
Kiwi pair is bolted higher on stronger than expected New Zealand’s employment data for the second quarter during early Wednesday. Kiwi departed when data showed that New Zealand's unemployment rate had fallen to 4.0% in the last quarter, under the 4.5% market forecast, while employment was up 0.9%. In addition, RBNZ's focus on 'utilization' has [...]
The Kiwi pair has been edges higher on today Asian session upon the sentiment mood of US Dollar and Upbeat Chinese trade data. U.S. Dollar find support rather than inflation data, investors are on the verge of whether the figures could provide traces of tapping and interest rate hikes. The dollar is driven by U.S. [...]
Newzealand Dollar edged lower on Tuesday the most in G10 before recovering losses after the Reserve Bank of New Zealand (RBNZ) set Newzealand’s wellbeing as the longer-term target. And also the concerns of new coronavirus outbreaks in the region could undercut an economic recovery even as robust momentum in the United States prompts the Federal [...]
