New Zealand Dollar a Sell into RBNZ Meeting says Major FX Trader

New Zealand Dollar a Sell into RBNZ Meeting says Major FX Trader

From poundsterlinglive.com

The RBNZ meets on Wednesday and one foreign exchange trader says the market is too complacent of a surprise that will send the New Zealand Dollar lower. The Reserve Bank of New Zealand (RBNZ) meeting comes in the wake of the New Zealand Dollar hitting fresh multi-month and multi-year highs against some of its major partners, namely the Dollar and Euro. This currency strength will unlikely be welcomed by Governor Adrian Orr and his team who will view it as posing a strong headwind at a difficult time for the economy. Granted, New Zealand has handled the pandemic well but it has only just started vaccinating its ... (full story)

- Older Stories
Powell signals Fed to keep buying bonds even as outlook improves
From bnnbloomberg.ca|Feb 23, 2021|2 comments
Federal Reserve Chairman Jerome Powell signaled that the central bank was nowhere close to pulling back on its support for the pandemic-damaged U.S. economy even as he voiced ...
What’s Next at the RBNZ Meeting?
From orbex.com|Feb 23, 2021
Next month’s policy meeting of the RBNZ is going to be pivotal because we can expect a policy change announcement. In the world of central banks, that means that in tomorrow’s ...
Powell: Rampant inflation 'not a problem' in recovery from COVID-19
From thehill.com|Feb 23, 2021|2 comments
Federal Reserve Chairman Jerome Powell said Tuesday that rampant inflation is “not a problem” to fear amid the recovery from the coronavirus recession. Powell told members of a ...

- Newer Stories
OANDA upgrades Advanced Trader program to include cash rebates
From financefeeds.com|Feb 23, 2021
OANDA Corporation has upgraded its Advanced Trader loyalty program in the US to offer high-volume clients the option of cash rebates. With an OANDA Advanced Trader account, ...
Astrazeneca: first real-world study of covid-19 vaccine demonstrates 94% reduction in...
From @FirstSquawk|Feb 23, 2021
tweet at 4:03pm: ASTRAZENECA - FIRST REAL-WORLD STUDY OF COVID-19 VACCINE ASTRAZENECA DEMONSTRATES 94% REDUCTION IN HOSPITALISATIONS
Solidarity and Cooperation: Europe’s Response to the Crisis
From imf.org|Feb 23, 2021
video Thank you for the opportunity to address you today. As EU Commissioner I benefitted from interactions with this Confaverence and am honored to join you again at this ...