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Analyzing NZD/USD.

NZD
New Zealand economy is slowing gaining pace in GDP growth rate from 0.4 % in Q4 of year 2016 to 0.8 % in third quarter of this year. Services has been the best performing sector of the New Zealand economy contributing the most to the otherwise sluggish growth rate of GDP. GDP is expected to grow faster moving forward as and when construction and mining sector also starts contributing positively to the GDP growth.
USD
US economy is in very good shape and expected to keep up the GDP growth rat…
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A correction likely in NZD/USD.

NZD:
The economic situation in New Zealand has brightened in recent months as New Zealand has turned
into a trade surplus economy driven by the growth in exports of Milk products and lumber.
The domestic economy is also in good shape. The unemployment rate at 4.9% in last quarter nearly touched low of 8 years.
The economy is expected to gain steam further as the construction sector should show rebound next quarter.
USD:
US GDP Growth rose to 2.6 % (YoY) in second quarter of 2017 which marks a …
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VAIBS1991 27 Sep.

The economic situation in New Zealand has brightened in recent months as New Zealand has turned into a trade surplus economy driven by the growth in exports of Milk products and lumber. The domestic economy is also in good shape. The unemployment rate at 4.9% in last quarter nearly touched low of 8 years. The economy is expected to gain steam further as the construction sector should show rebound next quarter.

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VAIBS1991 28 Sep.

The Reserve Bank of New Zealand kept its official cash rate unchanged at record low of 1.75 percent on September 28th, 2017. Major economic challenges such as persistent surplus capacity and extensive political uncertainty are yet to subside. GDP growth in the March quarter was lower than expected, with weaker export volumes and residential construction partially offset by stronger consumption. Headline inflation has increased over the past year in several countries, but moderated recently with the fall in energy prices. Nevertheless, the growth outlook remains positive.

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Predicting NZD/USD

NZD
The economic situation in New Zealand has brightened in recent months as New Zealand has turned into a trade surplus economy driven by the growth in exports of Milk products and lumber. The domestic economy is also in good shape. The unemployment rate at 4.9% in last quarter nearly touched low of 8 years. The economy is expected to gain steam further as the construction sector should show rebound next quarter.
USD
In the United States the Federal Reserve has a much more positive outlook abou…
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VAIBS1991 avatar

The economic situation in New Zealand has brightened in recent months as New Zealand has turned into a trade surplus economy driven by the growth in exports of Milk products and lumber. The domestic economy is also in good shape. The unemployment rate at 4.9% in last quarter nearly touched low of 8 years. The economy is expected to gain steam further as the construction sector should show rebound next quarter.

orto leave comments
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A retracement is possible in NZD/USD.

NZD
The economic situation in New Zealand has brightened in recent months as New Zealand has turned into a trade surplus economy driven by the growth in exports of Milk products and lumber. The domestic economy is also in good shape. The unemployment rate at 4.9% in last quarter nearly touched low of 8 years. The economy is expected to gain steam further as the construction sector should show rebound next quarter.
USD
In the United States the Federal Reserve raised the interest rates from the ba…
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orto leave comments