Tag: Hike

New Zealand Dollar Jumps 1% as Rising Inflation Spurs Rate Hike Bets By Investing.com

By Ambar Warrick Investing.com-- The jumped on Tuesday after inflation for the third quarter blew past expectations, driving up bets that the central bank will deliver more interest rate hikes this year. The...

New Zealand Dollar Elevated by Rate Hike Risk. Will NZD/USD Rally Continue?

New Zealand Dollar, NZD/USD, RBNZ, CPI, US Dollar, AUD/NZD - Talking PointsThe New Zealand Dollar has firmed after CPI data beat expectationsThe figures reveal price pressures took off in the 3rd quarter despite...

Westpac are forecasting a 75bp Reserve Bank of New Zealand rate hike on November 23

<p>Westpac revising thier call for the Reserve Bank of New Zealand at the November 23 meeting.</p><ul><li>expect +75bp rate hike</li><li>sees the RBNZ peak rate at 5% (prior 4.75%)</li></ul><p>Follows the skyrocketing CPI data today:</p><ul><li><a href="https://www.forexlive.com/news/nz-q3-cpi-22-qq-expected-16-20221017/"...

BoC Hike Odds Dip While the Fed’s Rises, Bullish USDCAD

Canadian Dollar Weekly Fundamental Forecast: BullishUSD/CAD vulnerable to further upside as Fed, BoC rate hike odds diverge ahead of penultimate meeting of the yearFiscal and monetary policy cohesion in focus ahead of annual...

Bank of England Gov Bailey says the next interest rate hike could be higher than expected

The BoE is due to announce its next decision on interest rates on November 3. Governor Bailey was speaking at an International Monetary Fund event in Washington. “As things stand today, my best...

Germany 40 (DAX) Rejects Resistance as Fed Rate Hike Bets Rise

DAX (German 40) Talking PointsDax 40 rejected by Fibonacci resistance as prices fall back towards long-term psychological support holding at 12,000.Dax futures remain bound between 12,000 and 12,400, providing support and resistance for...

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