Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: Kiwi falls drastically against major peers after RBNZ’s cash rate decision

  • AUD/NZD is currently trading around 1.0435 marks.
     
  • Pair made intraday high at 1.0444 and low at 1.0309 marks.
     
  • Intraday bias remains bullish for the moment.
     
  • A sustained close above 1.0364 will drag the parity higher towards key resistances around 1.0428/1.0488/1.0540/1.0570/1.0590/1.0634 levels respectively.
     
  • Alternatively, a daily close below 1.0329 will take the parity down towards key supports around 1.0275/1.0237/1.0192  marks respectively.
     
  • New Zealand March cash rate stays flat at 1.75 % (forecast 1.75 %) vs previous 1.75 %.
     
  • RBNZ - More likely direction of our next OCR move is down,
     
  • RBNZ - Expect low interest rates, increased govt spending and investment to support growth over 2019.
  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

June 19 12:30 UTC Released

CACPI YY SA

Actual

2.33 Percent

Forecast

Previous

2.11 Percent

June 19 12:30 UTC Released

CACPI NSA

Actual

136.6 Index

Forecast

Previous

136 Index

January 31 00:00 UTC 726543726543m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 726543726543m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 738363738363m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 726543726543m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 738363738363m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 726543726543m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 726543726543m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 726543726543m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.