Scoop has an Ethical Paywall
The NZDUSD opens at 0.7303 (mid-rate) this morning
The NZDUSD opens at 0.7303 (mid-rate) this morning.
A lack of direction as we await economic data releases has seen all markets trade sideways over the past 24hrs.
At 9:00am this morning the first RBNZ monetary policy statement of the New Year will take centre stage. Reserve Bank Gov Graham Wheeler who earlier this week announced that he would not seek another term, is widely tipped to leave the OCR unchanged at 1.75%. Investors will be hoping the accompanying statement will provide a forecast of where the Reserve Bank sees rates heading over the course of this year. A press conference including a Q&A session will be held at 10:00am with Gov Wheeler also due to testify on the monetary policy statement before the Finance and Expenditure Select Committee, in Wellington at 13:10 this afternoon.
Global equity markets continue to remain mixed- Dow -0.25%, S&P 500 -0.05%, FTSE +0.04%, DAX -0.05%, CAC +0.299%, Nikkei +0.51%, Shanghai +0.44%.
Gold prices have continued to edge higher overnight currently up 0.6% at $1,242 an ounce, WTI Crude Oil has clawed back some of yesterday’s fall currently up 0.7% at $52.33 a barrel.
NZDUSD 0.7303 - -0.2%
NZDEUR 0.6838 -
0.0%
NZDGBP 0.5835 - -0.2%
NZDJPY 81.89 -
-0.1%
NZDAUD 0.9569 - -0.1%
NZDCAD 0.9619 -
-0.1%
HiFX
International Payments Expertly Done
HiFX is one of the largest foreign exchange and international payment specialists in the world, managing over $30 billion on behalf of over 100,000 clients worldwide every year.
Large enough to undertake the biggest transactions, yet small enough to care about each and every one – send and receive overseas payments and manage your account anytime, anywhere. HiFX gives you the flexibility you need to transfer money quickly and easily via a secure online platform 24 hours a day, seven days a week - making moving money as easy as 1,2,3.
HiFX Ltd ABN 54 106 779 953/ AFSL No 240914
Business Canterbury: Urges Council To Cut Costs, Not Ambition For City
Wellington Airport: On Track For Net Zero Emissions By 2028
Landcare Research: ANZAC Gall Fly Release Promises Natural Solution To Weed Threat
NZ Anti-Vivisection Society: Auckland Rat Lovers Unite!
University of Canterbury: $1.35 Million Grant To Study Lion-like Jumping Spiders
Federated Farmers: Government Ends War On Farming
