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Alan Bollard

Trading Plan For RBNZ Rate Decision 06/09/10

by Henry Liu on June 8, 2010

RBNZ (Reserve Bank of New Zealand) will be releasing its interest rate decision today and it is widely expected that Gov. Bollard will hike rates today from the current level of 2.50% to 2.75%; here is the forecast:

 5:00pm (NY Time)  RBNZ Rate Decision   Forecast 2.75%    Previous 2.50%
ACTION: NZD/USD        BUY 3.00%     SELL 2.50%             

Trading Plan For RBNZ Rate Decision 06/09/10 225px Alan Bollard cropped MPS2008 06 05 10 14 57

According to analysts, RBNZ will be following RBA’s (Reserve Bank of Australia) and BOC’s (Bank of Canada) examples and start its rate tightening policy in today’s meeting.  Out of 15 analysts surveyed by Bloomberg, 13 have forecasted a hike of 25 basis point and 2 remained at unchanged…


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RBNZ Interest Rate Decision Trading Plan 04/28/10

by Henry Liu on April 27, 2010

RBNZ (Reserve Bank of New Zealand) will be releasing its interest rate decision today and it is widely expected that Gov. Bollard will keep rates at the current level of 2.50%; here is the forecast:

5:00pm (NY Time)  RBNZ Rate Decision   Forecast 2.50%    Previous 2.50%
ACTION: NZD/USD        BUY 2.75%             

RBNZ Interest Rate Decision Trading Plan 04/28/10 225px Alan Bollard cropped MPS2008 06 05 10 14 57

RBNZ Gov. Bollard


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RBNZ Official Cash Rate Decision 03/10/2010

by Henry Liu on March 9, 2010

3:00pm (NY Time)  RBNZ Rate Decision   Forecast 2.50%    Previous 2.50%
ACTION: NZD/USD        BUY 2.75%     SELL Unchanged

RBNZ Official Cash Rate Decision 03/10/2010 225px Alan Bollard cropped MPS2008 06 05 10 14 57 RBNZ is expected to keep rates unchanged at the current level of 2.50% in this meeting, as unanimously agreed by all economists surveyed from different news media companies.  As a matter of fact, aside from the bullish statement and hawkish tone during previous RBNZ rate statements from Governor Bollard, there seems to be no other fundamental reasons supporting a rate hike for NZD in the near future.


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