people dont like this pair?
DislikedThe price go lower, but that is ok.
There are a good chance that the price move long.Ignored
Despite of Europe‘s debt woes stock markets and commodities has not significantly signaled following worries even left growth linked currency behind and took much faster paces.Chart No.1
Shrinking GDP could be the reason to pause rate hike but we don’t want nonsense inflation at the same time unemployment persistently high so definitely rate hike must be the solution on the table.Chart No.2
when debt concerns dominate normally Japanese yen rallies and kiwi lose ground again GBP as well but as another kiwi crosses speaks, risk aversion is not core issues.Chart No.3
My understanding say this market doesn’t scared of debt but hyperinflation so if i was Dr. Bollard definitely rise official cash rate.
Source: 1 Professor
DislikedUS index weakness center-staged again and US China currency war is not likely to end anytime soon.
so what does it mean for New Zealand?
- Inflationary forces drives commodity prices up due to expansion of US fed balance sheet.
- Stronger Kiwi will makes imported goods even cheaper and make customer more exited to spend more rather than saving.
Despite of Europe‘s debt woes...Ignored
News headline here
These could be somehow the reason to rise interest rates in New Zealand too.
DislikedHmmm looks like it has some trouble breaking that trend line - sell ?Ignored