Posts Tagged ‘Zealand’
NZD/USD: Trading the New Zealand Employment Report
Employment in New Zealand is projected to increase 0.6% in the first-quarter after contracting 0.5% during the last three-months of 2010, and the rebound in the labor market should spark a bullish reaction in the high-yielding currency as the region skirts a double-dip recession.
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NZD/USD: Trading the New Zealand 4Q GDP Report
Economic activity in New Zealand is projected to expand 0.1% during the last three-months of 2010 after unexpectedly contracting in the third-quarter, and the rebound in GDP could spur a bullish reaction in the NZD/USD as the central bank maintains a neutral tone for future policy.
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NZD/USD: Trading the New Zealand 3Q GDP Report
Economic activity in New Zealand is widely expected to expand at a slower pace in the third quarter, and the data could spark a selloff in the exchange rate as the outlook for future growth deteriorates.
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Australian, New Zealand Dollars Decline on Concern China to Tighten Policy
Australian, New Zealand Dollars Decline on Concern China to Tighten Policy
The Australian dollar fell versus the U.S. currency and yen after China’s central bank said it will strengthen liquidity management and “normalize” monetary conditions, damping demand for higher-yielding currencies.
Read more on Bloomberg
New Zealand Dollar to Look Past Retail Sales Data, Trade on Risk Trends
New Zealand Dollar to Look Past Retail Sales Data, Trade on Risk Trends
Fundamental Forecast for New Zealand Dollar : Neutral N ZD/USD Double Top in Place Below 0.74 Figure? New Zealand Dollar Sinks as Jobs Report Sours Rate Hike Outlook The New Zealand Dollar remains closely tied to underlying risk sentiment, with prices showing a formidable near-term correlation to the MSCI World Stock Index on 20-day percent-change studies. The path of least resistance is unclear …
Read more on Daily FX via Yahoo! Finance
NZD/USD: Trading the Change in New Zealand Employment
As the New Zealand labor market improves throughout the first-half of 2010, the rise in employment could encourage the central bank to normalize monetary policy further over the coming months, and lead to a bullish breakout in the NZD/USD as the recovery gathers pace.
View full post on DailyFX – Trading News Events