FXStreet (Guatemala) – Analysts at ANZ offered key data releases to come this week for NZD/USD.
Key Quotes:
“There is the pivotal non-farm payrolls report later in the week and also the ISM surveys for the manufacturing and non-manufacturing sectors. Solid results here (as well as ongoing stability in financial markets) could see rate hike expectations further cemented (they are currently sitting at 50:50). Why is this relevant for New Zealand?”
“With the RBNZ’s now more explicit acknowledgement that the performance of the NZD will have implications for monetary policy, where US data heads could certainly set the tone for currency markets for the next few weeks, and be a key factor in determining whether or not the RBNZ choose to leave the OCR unchanged at its decision in December (we think it will).”
(Market News Provided by FXstreet)