nzd fundamentals
Article
Previous Articles
Print
- Friday, 16 October 2009 20:23:24 GMT New Zealand Dollar Vulnerable To Pullback In Risk Appetite
- Monday, 12 October 2009 22:22:35 GMT New Zealand Retail Sales More Than Double Expectations in August
- Saturday, 10 October 2009 02:28:09 GMT New Zealand Dollar Rally Surviving on Borrowed Time and Strength
- Tuesday, 06 October 2009 18:51:16 GMT New Zealand Dollar US Dollar Exchange Rate Forecast
- Monday, 05 October 2009 02:19:09 GMT New Zealand Commodity Export Prices Rise Most in Over 22 Years
- Friday, 02 October 2009 20:56:52 GMT New Zealand Dollar At Risk of Turn Lower on Extreme Sentiment
- Friday, 25 September 2009 21:39:52 GMT New Zealand Dollar May Forge New Highs with G-20 Help
- Wednesday, 23 September 2009 19:57:03 GMT New Zealand Dollar Maintains Strength Following Q2 GDP Results â Exports May Fall to Lowest Since January 2008
- Wednesday, 23 September 2009 02:21:33 GMT New Zealand Dollar Surges as GDP Unexpectedly Grows in Q2
- Monday, 21 September 2009 23:28:37 GMT New Zealand Current Account Surprises With Surplus in Second Quarter
- Monday, 21 September 2009 03:00:48 GMT New Zealand Service Sector Expands For Second Month But Sales Decline
- Friday, 18 September 2009 22:05:19 GMT New Zealand Dollar To Weaken as Growth Rate Contracts, Trade Falters
- Thursday, 17 September 2009 01:26:06 GMT New Zealand Manufacturing Shrinks at Faster Pace as New Orders Plummet
- Tuesday, 15 September 2009 02:20:40 GMT New Zealand Manufacturing Falls Most on Record in Second Quarter
- Monday, 14 September 2009 00:48:53 GMT New Zealand Retail Sales Unexpectedly Drop in July as Unemployment Rises
- Friday, 11 September 2009 21:26:44 GMT New Zealand Dollar Strength May Be its Own Undoing
- Wednesday, 09 September 2009 23:49:32 GMT RBNZ Rate Decision Provokes Volatility but Falters with Direction
- Wednesday, 09 September 2009 00:42:20 GMT New Zealand Dollar's Run May be Cut Short by RBNZ Rate Decision
- Monday, 07 September 2009 18:14:22 GMT New Zealand Dollar Reaches Fresh 2009 Highs
- Sunday, 06 September 2009 21:47:23 GMT New Zealand House Prices Rise for Fourth Month in August
The New Zealand dollar was rather strong this week, but those gains could prove short-lived next week as an upcoming GDP report is anticipated to show that the New Zealand economy contracted for the fifth straight quarter during Q1 at a rate of -0.7 percent, which could push the year-over-year rate down to match the Q4 1991 low of -2.3 percent. Indeed, the New Zealand economy has been hit hard as demand for exports has fallen, unemployment has climbed, and consumer spending has faltered. As it stand, Credit Suisse overnight index swaps are pricing in a 26 percent chance of a 25bp cut by the Reserve Bank of New Zealand (RBNZ) on July 29, but if New Zealand GDP falls more than expected, speculation of such a move could rise and weigh on the New Zealand dollar.
Resources
