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RBNZ RATE CUT
ANZ predicts deeper OCR cuts: A double-edged sword for NZ economyANZ economists now predict the RBNZ will cut the OCR to 2.5% due to a slower-than-expected economic recovery and global uncertainties. This...
ANZ online banking up and running after suffering outage in New ZealandNearly 59% of the users faced issues with the ANZ app while 40% had problems with the internet banking interface and the remaining one perc...
New Zealand Reserve Bank cuts official cash rate to 3.5% as Trump's tariff war rattles global economyThe Reserve Bank of New Zealand reduced the official cash rate to 3.5 percent on Wednesday. This decision followed global market instabilit...
Westpac's Kelly Eckhold adjusts OCR predictions as US-China trade war looms largeKelly Eckhold, Westpac's chief economist, changed his forecast for New Zealand's Official Cash Rate. He now expects the Reserve Bank of New...
Australian dollar lifted from lows by strong jobs dataAustralia's unemployment rate unexpectedly fell to an eight-month low of 3.9% in November, boosting the Australian dollar and bond yields. ...
Aussie hit by China stimulus scepticism; US dollar firm on Fed outlookAustralian and New Zealand dollars fall due to doubts over China's stimulus and weakening local economic indicators. The New Zealand dollar...
Dollar droops after benign inflation data; kiwi firm before RBNZ decisionThe dollar declined following a softer U.S. producer price reading, fueling speculation of Federal Reserve rate cuts. Risk-sensitive curren...
Dollar firm on Powell caution, kiwi bides time before rates decisionThe dollar strengthens after Powell's cautious rate cut comments. Traders await central bank signals. RBNZ likely to keep rates steady. Mar...
Light wind in dollar's sails after bumper US payrollsU.S. consumer price inflation for March on Wednesday and a European Central Bank (ECB) policy meeting on Thursday will be the main economic...
Dollar firm with eyes on PCE data, kiwi calm before RBNZ decisionIn the U.S., the Commerce Department's Census Bureau said orders for durable goods fell 6.1% last month, exceeding the 4.5% decline forecas...
Dollar dips vs yen after Japan inflation data, US durable goodsThe dollar was down slightly against the Japanese yen on Tuesday after data showing Japan's core consumer inflation exceeded forecasts and ...
Dollar droops as key US data looms; yen firms on CPI beatThe U.S. dollar index, which measures the currency against a basket of peers including the yen and euro, traded flat at 103.78 early in Asi...
Dollar firms ahead of busy data week with US inflation in focusInflation figures in the euro zone, Japan and Australia are also in the data calendar this week, alongside a rate decision from the Reserve...
Dollar slides on Fed cut bets; kiwi jumps after RBNZ strikes hawkish tone"Whilst the RBNZ were expected to hold, their statement struck a hawkish tone by stating that inflation remains too high," said Matt Simpso...
New Zealand dollar climbs as central bank hikes, predicts a lot more to comeThe New Zealand dollar climbed on Wednesday after the country's central bank raised interest rates by half a point and sharply lifted its p...
Dollar stands tall as Covid rattles kiwiThe euro touched $1.1702 early in the Asia session, its lowest since November 2020. The kiwi nursed losses at $0.6922, after the discovery ...
Dollar edges up, kiwi slides as RBNZ flags possible rate cutThe dollar index versus a basket of six major currencies was up 0.2 per cent at 96.912, adding to modest gains made overnight.