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NZD/USD Forms Head and Shoulders Top Ahead of RBNZ Financial Stability Report
Tuesday, November 12, 2013 - 9:31am | 387The New Zealand dollar is trading lower against the US dollar for a fourth consecutive day in Tuesday's London trading session. The Reserve Bank of New Zealand (RBNZ) bi-annual financial stability report is due for release this week. The financial stability report covers the soundness and...
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New Zealand ETF Down Slightly After RBNZ Intervention News
Wednesday, May 8, 2013 - 11:44am | 691The iShares MSCI New Zealand Capped Investable Market Index Fund (NYSE: ENZL), the lone ETF devoted exclusively to New Zealand, is trading modestly lower Wednesday after Reserve Bank of New Zealand Governor Graeme Wheeler confirmed the central bank has been intervening in the foreign exchange...
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An ETF For Legitimately Strong Dollars
Thursday, February 21, 2013 - 1:12pm | 810With speculation rampant that the Federal Reserve may ease or halt its bond-buying activities known as quantitative easing, the U.S. dollar gotten a lift in the past two trading sessions. Actually, the U.S. Dollar Index (DXY) is riding a multi-week winning streak and the PowerShares DB US Dollar...
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New Zealand ETF Falls Despite Intervention Comments
Wednesday, February 20, 2013 - 1:19pm | 497In what may be seen as a surprise to some traders, the iShares MSCI New Zealand Investable Market Index Fund (NYSE: ENZL) is off about 2.7 percent Wednesday even after New Zealand's Reserve Bank Governor Graeme Wheeler made comments regarding a possible intervention in the foreign currency market...