AUD/NZD skids below 1.0700 as the RBNZ increased interest rates by 25 bps By Sagar_Dua24 RBNZ AUDNZD InterestRate Inflation
To contain the soaring inflation in the kiwi region, the RBNZ highly needed to bank upon the interest rate hike as the last resort. The latest print of kiwi’s inflation at 5.9% is significantly higher than the average range of 1-3% in the last two decades. However, the geopolitical jitters amid the Russia-Ukraine tussle have jeopardized the monetary policy decision-making for various central banks.
Meanwhile, the Australian Bureau of Statistics has reported the quarterly and yearly Wage Price Index data in the Asian session. The quarterly Wage Price Index has remained in line with the estimates at 0.7% but above the previous print of 0.6% while the yearly one comes lower than the market consensus of 2.4% at 2.3% but higher than the previous figure of 2.2%.Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
NZD/JPY Prices Analysis: Crosses seven-week-old hurdle on RBNZ rate hike, 78.00 eyedNZD/JPY Prices Analysis: Crosses seven-week-old hurdle on RBNZ rate hike, 78.00 eyed By anilpanchal7 NZDJPY Technical Analysis ChartPatterns TrendFollowing RBNZ
続きを読む »
NZD/USD Price Analysis: RBNZ in focus, key levels and market structure to watchNZD/USD is the focus and a 25bp rate hike should reinforce NZD's carry status against the low-yielders, while the prospects of a 50bp hike increase wo
続きを読む »
AUD/JPY skids below 82.50 on violation of peace by the KremlinThe AUD/JPY pair has attracted offers around 82.64 and is likely to settle below 82.50 amid the escalation of geopolitical tensions between Russia and
続きを読む »
NZD/USD: RBNZ to distract traders momentarily from Ukraine crisis-riskNZD/USD is currently trading at 0.6734 and is coming to a close in the North American session, up by over 0.5%. Commodity-FX is getting a lift from in
続きを読む »
NZD/USD: RBNZ needs to deliver 50bps hike and hawkish guidance to strengthen the kiwi – MUFGThe Reserve Bank of New Zealand (RBNZ) will provide their latest policy update in the week ahead. There is a high likelihood that the RBNZ delivers a
続きを読む »
NZD/USD surges above 0.6700, tests February highs pre-key RBNZ meeting as geopolitical concerns shrugged offDespite sharp downside in the global equity space on further escalation of military tensions between Ukrainian and pro-Russia separatist/Russia forces
続きを読む »