By FX Empire.com

NZD/USD Fundamental Analysis March 6, 2012, Forecast

NZD/USD Fundamental Analysis March 6, 2012, Forecast

Analysis and Recommendation: (close of the Asian session)

NZD/USD is trading at .8284 having opened this morning at 0.8306. Here just like with its cousins in Australia and Japan there is very little activity to move the currencies. There is virtually no economic reports due in the Asian countries and little in the US. If there are any moves it will be on perceived strength and weakness of the USD coming from the EU. The pair are expected to remain in this range until midweek.

Economic Events: (GMT)

Mar. 06

00:30

AUD

Current Account

03:30

AUD

Interest Rate Decision

03:30

AUD

RBA Rate Statement

Government Bond Auction Schedule

Mar 05 10:10 Norway Bond auction

Mar 06 10:10 Greece Auctions 6M T-bills

Mar 06 10:15 Austria Bond auction

Mar 06 10.30 UK Auctions 0.75% 2034 I/L Gilt

Mar 06 15:30 UK Details gilt auction on Mar 15

Mar 07 10:10 Sweden Nominal bond auction

Mar 07 10:30 Germany Eur 4.0bn Feb 2017 Bobl

Mar 07 10.30 UK Auctions new Sep 2017 conventional Gilt

Mar 08 16:00 US

Announces auctions of 3Y Notes on Mar 12, 10Y Notes on Mar

13 & 30Y Bonds on Mar 14

Mar 08 16:30 Italy Details BOT auction on Mar 13

Mar 09 11:00 Belgium OLO mini bond auction

Mar 09 16:30 Italy Details BTP/CCTeu on Mar 14

Originally posted here