Tag Archives: RBNZ

AUD/NZD sees downside below 1.0300 on hawkish RBNZ bets

AUD/NZD is expected to display significant losses after surrendering the cushion of 1.0300. The RBNZ is likely to announce a half-a-percent rate hike for the fourth time consecutively. A lower Australian Consumer Inflation Expectations print has failed to support aussie bulls. The AUD/NZD pair has turned sideways at around 1.0400 after a downside move from… Read More »

RBNZ to carry on with 50bps hike in August – Reuters poll

“The Reserve Bank of New Zealand (RBNZ) will stick to its hawkish stance and deliver a fourth straight half-point rate hike on Wednesday in its most aggressive tightening in over two decades to try to rein in stubbornly-high inflation,” as per the latest Reuters poll published early Friday morning in Asia. Key findings All 23… Read More »

AUD/NZD oscillates below 1.0600 ahead of Aussie Consumer Inflation Expectations

AUD/NZD is auctioning a marked territory as investors await Australian Consumer Inflation Expectations. Aussie Inflation Expectations are likely to remain higher due to the unavailability of a downside signal. The RBNZ has already raised its OCR to 2.5% to combat price pressures. The AUD/NZD pair is displaying back and forth moves below the critical hurdle of… Read More »

NZD/JPY Price Analysis: Declines to 84.40 on lower RBNZ inflation expectations

A lower print of RBNZ inflation expectations at 3.07% vs. 3.29% has brought a sell-off. The kiwi bulls are attempting an establishment above 50% Fibo retracement. Momentum oscillators RSI (14) has shifted into the bullish range of 60.00-80.00. The NZD/JPY pair surpassed the immediate hurdle of 84.62 in the Asian session but has slipped back… Read More »

AUD/NZD Price Analysis: Bulls approach 1.1100 on downbeat RBNZ Inflation Expectations

AUD/NZD takes the bids to refresh intraday high after RBNZ Q3 Inflation Expectations. RBNZ Q3 Inflation Expectations eased to 3.07% versus 3.29% prior. Upside break of 200-HMA, upbeat oscillators also favor buyers. Nearby support confluence around 1.1065 restricts immediate downside. AUD/NZD remains on the front foot, extending Friday’s upside break of the one-week-old descending trend… Read More »

NZD/USD slips sharply from 0.6260 as RBNZ reports inflation expectations lower at 3.07%

NZD/USD has declined to near 0.6240 on lower RBNZ inflation expectations. The RBNZ inflation expectations have declined to 3.07% vs. 3.29% reported earlier. This week, the US Inflation data holds significant importance. The NZD/USD pair has faced selling pressure while attempting a break above the immediate hurdle of 0.6260. The asset has witnessed offers after… Read More »