RBNZ

NZDUSD

NZDUSD: Will the RBNZ Expand Its QE Program or Not?

This is the key question the Reserve Bank of New Zealand (RBNZ) will answer when it delivers its interest rate decision and rate statement, followed by the press conference from the RBNZ Governor Adrian Orr at 2 am GMT, and 3 am GMT respectively. The market consensus is for the […]

AUDUSD Australian dollar

New Zealand Inflation Expectations: Implications for NZDUSD

The NZDUSD will be the cynosure of attention as the New Zealand inflation expectation is released at 3 am GMT. New Zealand's recently released jobs report showed that employment grew 1.6% on an annualized basis as against the market consensus of 0.7%. Average hourly earnings rose 1.4% quarter-on-quarter, which trumped the market expectation of a 0.9% growth.

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