Financial Markets Wrap

NZD Struggles In June

Jason Wong -
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The NZD showed a broadly based fall over June as global and domestic factors weighed...Fresh 2-year low reached for NZD/USD...NZ-US rate differentials continued to fall

NZD Eventually Finds Support During May

Jason Wong -
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May was an eventful month that incorporated some turmoil in emerging markets, swings in oil prices, a meltdown in Italy, and US-China trade tensions. Amidst all that, the record will show the NZD TWI relatively flat for the month, albeit driven by some divergent swings on NZD crosses.

NZD Slumps in April

Jason Wong -
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After a volatile period through February and March, risk appetite improved during the month, reflected in a recovery in global equities and higher global bond yields. Currency markets played to a different tune, with broadly based weakness in the NZD going against that force.