On the global calendar this week, the Reserve Bank of Australia and the US Federal Reserve release minutes of their last policy meetings, though Derek Rankin of Rankin Treasury Advisory says he sees little emerging to change market views.
"When the kiwi dropped from US88 cent to US80 cents you had a lot of people who owned risk currencies get out and take their money home," said Derek Rankin, a director at Rankin Treasury Advisory. "Now it's really difficult for that to happen because a ...
Kiwi dollar tipped to gain as equity markets recover
"They've built the gun already, the ESFS, but it's got no bullets at the moment," said Derek Rankin, a director at Rankin Treasury Advisory Ltd. "They need to pump a serious amount of money into so that investors can be comforted and begin buying ...
NZ Dollar Outlook: Kiwi may rise as equities breathe Jackson Hole sigh of relief
In spite of all this we're not seeing euro decline significantly, said Derek Rankin, a director at Rankin Treasury Advisory Ltd. The problem is that larger investor countries and other sovereign states are overweight on US dollars and there's ...