Sean Comber Quotes (7 Quotes)

The labor market data is expected to record some deterioration. This will keep the New Zealand dollar on the defensive.

The yield differential story is going to continue to be there. The Fed is getting closer to the end of their tightening cycle.

It is difficult to see the New Zealand dollar stage any kind of sustainable rally. Data is likely to portray softer growth than the Reserve Bank's projections.

The sticking point for the Reserve Bank is still inflation. It is likely to be September before the bank is comfortable that pressures have dissipated enough.

Yield demand for the New Zealand dollar appears to remain unquenched.

Any sign of softening will see markets bring forward expectations of rate cuts. Tough talk on interest rates may provide further opportunities to sell New Zealand dollars.

U.S. dollar weakness will see the New Zealand dollar test higher levels. With the prospect of less support from interest rates, the U.S. dollar fell across the board.