The Morning Report

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US dollar falls after growth below forecast

The US dollar fell on Friday night, after first quarter growth came in below expectations at 2.2% vs. 2.5%. Despite ongoing strength in the labour
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Kiwi Softens after Bollards Comments

The NZ Dollar starts the day about -0.50 cents lower than yesterday’s peaks after international markets have taken on board RBNZ Governor Bollards comments that
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US Fed Raises Growth forecast, RBNZ Says NZD too high

We have had two Central Bank meetings this morning, the US Federal Reserve and the Reserve Bank of New Zealand. The US Fed improved their
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