New data since the Reserve Bank of New Zealand’s October meeting suggests that a 75 basis point hike may be preferred to the 50 bps hikes deployed thus far
New Zealand Dollar Analysis: NZD/USD Energy Builds After Positive Economic Data
2021-05-05 23:00:00
Thomas Westwater,
Analyst
New Zealand Dollar, NZD/USD, NZ Building Permits -Talking Points
Wall Street mixed after Fed speakers calm premature market taper expectations
NZD/USD tracking higher as the currency pair eyes the April high just below 0.73
Thursday’s Asia-Pacific Outlook
Asia-Pacific markets may see an upbeat trading day despite a mixed performance on Wall Street overnight when technology and small-cap stocks moved lower. The tech-heavy Nasdaq 100 index dropped 0.30% while the Dow Jones Industrial Average (DJIA) gained 0.29%, a new record high. The US Dollar was mostly unchanged, while Treasuries caught a bid across the curve from bond traders.