By FXEmpire.com
NZD/USD Fundamental Analysis April 12, 2012, Forecast
Analysis and Recommendation: (close of the Asian session)
The NZD/USD is trading at 0.8174
The New Zealand dollar fell more than half a cent against the greenback, amid renewed concerns about Spain’s growing public debt.
The New Zealand dollar fell as low as 81.24 US cents overnight from 82.01 cents on Tuesday at 5pm. The kiwi traded at 81.47 cents.
Global risk sentiment weakened amid renewed concerns more European sovereign rescues may be required as Spain struggles to contain its rising debt after the yield on Spanish and Italian government bonds rose.
Economic Reports for April 10-11, 2012 actual v. forecast that affect the AUD, NZD, CNY and JPY
|
USD |
FOMC Member Fisher Speaks |
|||
|
NZD |
NZIER Business Confidence |
13 |
0 |
|
|
Apr. 11 |
AUD |
Westpac Consumer Sentiment |
-1.60% |
-5.00% |
|
AUD |
Home Loans (MoM) |
-2.5% |
-3.5% |
-1.1% |
|
JPY |
BoJ Monthly Report |
Economic Events for April 12, 2012 for AUD, NZD,CNY and JPY
02:30 AUD Employment Change 6.0K -15.4K
02:30 AUD Unemployment Rate 5.3% 5.2%
Employment Change measures the change in the number of people employed. Job creation is an important indicator of consumer spending. The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month.
Government Bond Auctions April 10-20, 2012
Apr 12 09:10 Italy BTP/CCTeu auction
Apr 12 09:30 UK Gbp 2.0bn 4.25% Jun 2032 Conventional Gilt
Apr 12 15:00 US Announces auction of 5Y TIPS on Apr 19
Apr 12 17:00 US Auctions 30Y Bonds
Apr 13 10:00 Belgium OLO mini bond auction
Apr 16-30 n/a UK Re-opened 3.75% 2052 Conventional Gilt syndication
Apr 16 09:10 Slovakia Auctions floating rate Nov 2016 & 4.35% Oct 2025 & Bonds
Apr 16 09:10 Norway T-bill auction
Apr 17 08:30 Spain 12 & 18M T-bill auction
Apr 17 09:30 Belgium Auctions 3 & 12M T-bills
Apr 18 09:10 Sweden Nominal bond auction
Apr 18 09:30 Germany Eur 5.0bn 0.25% Mar 2014 Schatz
Apr 18 14:30 Sweden Details T-bill auction on Apr 25
Apr 19 08:30 Spain Obligacion auction
Apr 19 08:50 France BTAN auction
Apr 19 09:30 UK Auctions 0.125% I/L Gilt 2029
Apr 19 09:50 France OATi auction
Apr 19 15:00 US Announces 2Y Notes on Apr 24, 5Y Notes on Apr 25 & 7Y Notes on Apr 26
Apr 19 17:00 US Auctions 5Y TIPS
Apr 20 15:30 Italy Details CTZ/BTPei on Apr 24 & BOT on Apr 26
Originally posted here
