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Author Archives: NZD Editor

GBP NZD Undermined by ‘Super Thursday’ Disappointment

The Pound New Zealand Dollar exchange rate rose sharply during the first half of last week, but a disappointing ‘Super Thursday’ quickly changed Sterling’s trajectory. The Pound was able to rise on Monday, even though data showed that consumer credit ...

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NZD drops as inflation outlook weakens

The News Zealand dollar tumbled on Monday after a survey showed businesses expect inflation to move south soon. On-year inflation expectations slid to 1.77%y/y from 1.92% three months ago, while two-year ahead inflation expectations fell to 2.09%, down … Read ...

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NZD/USD: Inflation Expectations Q/Q

The NZD/USD exchange rate faced some volatility this morning, as Monday’s survey showed diminished New Zealand inflation expectations in the Q3. After the release, the pair dropped to the 0.7397 level, then bounced back and edged higher to 0.7407 some ...

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NZD/USD Very Heavy

NZD/USD drops like a rock on the short term and is very close to take out the static support from the 23.6% retracement level and the 0.7375 static support. A valid breakdown will open the door for more declines towards ...

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