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Author Archives: NZD Editor

NZD: Another test lower could be possible – ANZ

Analysts at ANZ are concerned about NZD/USD’s elevated level, particularly in the context of stretched positioning and suspect another test lower could be possible for the pair. “A number of senior Fed officials highlighted the valuation risks in some … ...

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NZD lower, local rates expected to rise

A day that looked quiet on paper has turned out to be newsworthy. In currency markets, European currencies have surged, led by EUR on hawkish comments by ECB President Draghi, while the NZD has underperformed. Bond yields are higher across ...

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NZD down vs euro as Draghi talks up Europe

The New Zealand dollar dropped to a two-week low against the euro after European Central Bank president Mario Draghi talked up the prospects for Europe’s economic recovery. The kiwi fell to 64.10 euro cents as at 8am in Wellington from ...

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NZD/USD: a favoured bullish trade – Nomura

Analysts at Nomura explained that from the NZD side of the equation, fundamentals are improving. “The NZD remains our preferred trade in the commodity bloc. With respect to commodities, the dairy market has rebalanced following its early 2017 shakeout and ...

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