"Just another weblog in the financial world market by Js. It's all about money money come.. This magic wand here should bring you a lot of fortune once you really masterskill it by heart. Believe it or not. Yum~~ yum~ Should you join all my friends in this network for two bucks. You are not alone, Fireball. Donate $2 and get my personal judgement as a gift wrapper."

Quotes from RBS:

-The deviation of GBP/NZD with our fair value estimate has been narrowing modestly since the end of February driven mainly by the almost 2.8% fall in our model. As BoE rhetoric has turned more dovish, the 5 year UK/NZ swap rate has shifted in favour of the NZD, while the rise in equity and agricultural commodity prices has also provided support for the NZD. The pair now looks to be just over 1% cheap to fair.

-Worries over the UK appear to continue to be reflected via GBP, but the RBNZ may sound more dovish at this week’s meeting given a still strong NZD and the downside economic risks from the drought on the North Island. Nochange in the policy is expected but a more dovish sounding RBNZ could see GBP/NZD move closer to fair.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Tag Cloud

%d bloggers like this: