19 years in trading
The Reserve Bank of New Zeland today left the Official Cash Rate (OCR) unchanged at 1.75 percent, NZD tumbles . Global economic growth has increased and become more broad-based over recentmonths. However, major challenges remain with on-going surplus capacity and extensive political uncertainty. Stronger global demand has helped to raise commodity prices over the past year, which has led to
Read more
The Reserve Bank of New Zealand left the Official Cash Rate (OCR) unchanged at 1.75%. Statement by Reserve Bank Governor Wheeler: Macroeconomic indicators in advanced economies have been positive over the past two months. However, major challenges remain with on-going surplus capacity in the global economy and extensive geo-political uncertainty. Global headline inflation has increased, partly due to a rise
Read more
Like there is not enough excitemet today with the BoJ and the FED, we have the RBNZ Interest Rate decision as well. As noone has done nothing so far, I hope the RBNZ will do the same, nothing and stay on hold with the rates. 22:00 h (London time) ● RBNZ Interest Rate Decision!!! 》 Current 2%, Consensus 2% 》Update
Read more
On this picture looks like that the RBNZ Governor Wheeler is showing to us that the current rate of 2.25% is to high, right!? Well, I am kidding for that, but at the last decision to stay on hold from April 28., that solution of the possible rate cut was mentioned for June. Here we are, in about hour and
Read more
22:00 h (London time) > RBNZ Interest Rate Decision!!! Previous 2.25%, Consensus 2.25%, Current 2.25%!!! Monetary Policy unchanged!!! 22:00 h (London time) > Monetary Policy Statement!! 》》》Possible rate cut in June for 0.25% to 2.0%!?
Read moreOn December 10.2015., RBNZ reduced the Official Cash Rate (OCR) by 25 basis points, from 2.75 to 2.50 percent. CPI inflation was below the 1 to 3 percent target range in December, mainly due to the earlier strength in the New Zealand dollar and the 65 percent fall in world oil prices since mid-2014. on the same time. The inflation rate
Read more
Forex Trader 