Post Tagged with: "Alan Bollard"
Forex Daily Outlook – November 4th 2009
A very busy day expects forex traders with a rate decision in the US being the highlight of the day. There are important figures from all over the world. Let’s see what’s up: Here’s the Arabic version of this daily forex forecast. British Nationwide Consumer Confidence is expected to edge up from 71 to 72
Forex Daily Outlook – October 28th 2009
Risk aversion continues to dominate the markets, and the US dollar enjoys it. Today’s highlights are Durable Goods Orders, New Home Sales and an interesting rate decision in New Zealand. Let’s see what’s on the menu today: Australian CPI rose by 1% in the previous quarter, exceeding expectations of a 0.9% rise. Trimmed Mean CPI
Forex Weekly Outlook – October 26-30 2009
The last week of October provides American and Canadian GDP, rate decision in New Zealand and Japan, and many other important figures from all over the globe. Will the dollar continue weakening? Let’s see what will affect the markets this week. General dollar weakness didn’t affect all the currencies. Some have their own troubles. In
The Kiwi Flies Higher – Rate Hike Coming?
NZD/USD, the kiwi, reached new Year to date highs, passing 0.75 at the beginning of the new week. Is the market expecting a rate hike next week? Forex trading began with new dollar weakness. Many currencies regained against the dollar after losing ground on Friday. Mostof them are currently within levels seen last week: EUR/USD
New Zealand Rates Unchanged – Kiwi Makes A Roundtrip
The interest rate in New Zealand remained unchanged at 2.5%. In the official RBNZ rate statement, the first paragraph talks about recovery while the last paragraph hints of future rate cuts. The kiwi went down just before the statement only to go up. A similar knee-jerk reaction was seen with Non-Farm Payrolls. Such events are
Forex Daily Outlook – July 29th 2009
American Durable Goods Orders and a rate decision in New Zealand are the highlights of this busy day in forex trading. Australian HIA New Home Sales starts the day. Last month, this figure fell by 5.7%. In New Zealand, NBNZ Business Confidence is an important release that will give a broad view over the economy. A bigger
Forex Daily Outlook – March 3rd 2009
This can easily be called “Super Tuesday”: rate decisions from Australia and Canada, Swiss GDP, House Prices from Britain, Pending Home Sales in America and Bernanke’s testament fill up a very promising day in forex trading. Australia supplies lots of data at the beginning of Tuesday. First Retail Sales are expected to turn negative, dropping
Kiwi Jumps After Employment Data
NZD/USD got some strengh after the quarterly Employment Change was surprisingly good in New Zealand. NZD/USD now trades at 0.5080, making a quick leap. Employment in New Zealand is comparably in a good shape. This rate is far from being the worst in the world, and still causes envy sights from other Western nations. And as
NZD/USD Broke Support Line – What’s next?
NZD/USD currency pair broke the support line of 0.5150. I’m following up on a post NZD/USD on the Edge that was written prior to this break, and after the huge interest cut of 1.5%. It came after the Building Consents squeezed by 6%. The fall of the New Zealand dollar was also helped by remarks by