0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
Mixed
Oil - US Crude
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Mixed
GBP/USD
Bullish
USD/JPY
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Third consecutive weekly gain in the #SP500 as of today's close, rising 0.63% #Fed balance sheet gained by 0.18% over the same period after shrinking -0.06% previously Generally speaking, the size of the b/s has remained more or less unchanged for a month https://t.co/0TrEA5RGmA
  • The outlook for gold might look a little tenuous at the moment, but this won’t be the first time a strong bull market has shown signs of a potential top due to short-term price action. Get your $XAUUSD technical analysis from @PaulRobinsonFX here: https://t.co/N8a84hRnHN https://t.co/jCEkFzCxEr
  • Well, I don't know who has had it worse this week: Barca or Kodak
  • GBP/USD is either treading water at resistance and is nearing a breakout or is working on developing a top. Get your $GBPUSD technical analysis from @PaulRobinsonFX here:https://t.co/RnrBCFE3gt https://t.co/bDWWjzT57m
  • Stop watching the Champions League game. The FX markets are still open
  • After a swift recovery from the March 2020 low, EUR/USD price action has been in favor of the bulls. Get your EUR/USD market update here: https://t.co/goRwqwO1iC https://t.co/S3LsxMOP1E
  • Precious Metals Update: #Gold 1945.41(-0.42%), #Aluminum 1763.50 (-1.32%), and #Copper 6256.00 (-2.74%) [delayed]
  • Retail Gold CFD traders at IG increased their bullish exposure these these past few weeks. Long interest has hit a new high and the net position is near its cyclical highs for the past year https://www.dailyfx.com/sentiment?ref-author=Kicklighter&CHID=9&QPID=917719 https://t.co/MvbWuuYUcf
  • Fed's Kashkari says not much more the #Fed can do until COVID is contained - BBG
  • USD/MXN has been chopping around the past few couple of months, and on a couple of occasions it looked like it wanted to provide signaling on a direction only to fail to follow through. Get your $USDMXN market update from @PaulRobinsonFX here: https://t.co/Ca7jY3JE0B https://t.co/LLw8lGkHqD
New Zealand Dollar Falls Sharply as RBNZ Signals Rate Hike Pause

New Zealand Dollar Falls Sharply as RBNZ Signals Rate Hike Pause

2014-07-23 21:53:00
Rajyavardhan Pasari,
Share:

Talking Points:

  • Reserve Bank of New Zealand Hikes Official Cash Rate by 25 bps to 3.5% as Expected
  • 10-year NZ Bond YieldFell to 4.177%, Their Lowest Levels Since May 2013
  • The New Zealand Dollar Falls Sharply as RBNZ Signals Pause in Future Rate Hikes

The New Zealand Dollar fell sharply today as the Reserve Bank of New Zealand delivered its monetary policy announcement. The central bank hiked the official cash rate by 25 basis points to 3.5 percent from a prior rate of 3.25 percent, meeting market expectations. The Bank said that it expected today’s rate hike to keep average annual inflation around 2 percent.

The New Zealand Dollar likely fell because the policy statement accompanying the rate decision undermined the case for continued tightening. The Bank’s governor, Graeme Wheeler, said it is “prudent that there now be a period of assessment before interest rates adjust further.” The Kiwi fell alongside a parallel decline in New Zealand’s bond yields, a reflection of monetary policy expectations. The rate on the benchmark 10-year note fell to its lowest level since May 2013.

New Zealand Dollar Falls Sharply as RBNZ Signals Rate Hike Pause

NZDUSD [15 mins – 07/23/2014]. Created using FXCM Marketscope.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.