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Euro Recovers as Recession Dodged in Eurozone, Aussie Softens ahead of CPI

Published: January 30, 2024

Euro recovers broadly today, as lifted by GDP data that indicated the Eurozone economy has narrowly averted a technical recession. This positive development has also led to a notable rebound in Germany's benchmark treasury yields. Meanwhile selling pressure has shifted Sterling and Swiss Franc, both of which are ceding some of their recent gains against Euro. The upcoming CPI flash release on Thursday is now set to the next focal point for the common currency.

Source: actionforex.com

Reserve Bank raises Official Cash Rate to 5.5% from 5.25%

Published: May 24, 2023

Reserve Bank raises interest rates as expected but throws in a major surprise by indicating this will be the last rise

Source: interest.co.nz

RBNZ now sees smaller overall falls in house prices

Published: May 24, 2023

The Reserve Bank is now indicating it thinks the falls in house prices will slow during this year and will be about finished by the start of next year

Source: interest.co.nz

RBA may have a few more hikes up its sleeve to deliver – TDS

Published: May 2, 2023

Analysts at TD Securities note that the Reserve Bank of Australia (RBA) surprised the market by raising its policy rate by 25 basis points to 3.85%. W

Source: fxstreet.com

Liam Dann: Why the RBNZ made its shock OCR move

Published: April 5, 2023

OPINION: This could be the last hike in cycle, but near-future data will have final say.

Source: nzherald.co.nz