{"id":68510,"date":"2015-02-24T04:40:20","date_gmt":"2015-02-24T09:40:20","guid":{"rendered":"http:\/\/countingpips.com\/?p=68510"},"modified":"2015-02-24T07:20:02","modified_gmt":"2015-02-24T12:20:02","slug":"new-zealand-dollar-falls-usd-broadly-higher-ahead-of-yellen","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/02\/new-zealand-dollar-falls-usd-broadly-higher-ahead-of-yellen\/","title":{"rendered":"New Zealand dollar falls, USD broadly higher ahead of Yellen"},"content":{"rendered":"<div id=\"inves-2628966118\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">February 24, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<p>A drop in inflation expectations in New Zealand hurt the kiwi dollar on Monday. The currency was the biggest mover on major currency markets on Monday, diving more than one percent against its US counterpart. A quarterly Reserve Bank of New Zealand survey showed the market is bracing for declining inflation and easier monetary conditions.<\/p>\n<p>One and two-year-ahead expectations of annual consumers\u2019 price inflation have declined as per the survey. The one-year series decreased from 1.59% to 1.11% on a mean basis and the median fell to 1.0%.<\/p>\n<p>The two-year-ahead inflation expectations decreased from 2.06% to 1.80%. The median remained at 2.0% but it compares to June 2014 rate of 2.36%.<br \/>\nBy 0834 GMT, the New Zealand dollar was down 1 percent on the day to $0.7450.<\/p>\n<p>The main risk event of the day will be Fed Chair Janet Yellen\u2019s appearance before the US Senate Banking Committee. Her testimony will likely draw extra attention after dovish-sounding minutes from the Fed\u2019s January meeting released last week dented expectations of an early interest rate hike.<\/p>\n<p>Analysts are divided on whether she will be hawkish or dovish, although few think she is ready to take the sort of clear step toward a first hike that would spur another round of dollar gains.<br \/>\nThe dollar rose to 119.58 yen by 09:00 GMT.<\/p><div id=\"inves-578824956\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime A drop in inflation expectations in New Zealand hurt the kiwi dollar on Monday. The currency was the biggest mover on major currency markets on Monday, diving more than one percent against its US counterpart. A quarterly Reserve Bank of New Zealand survey showed the market is bracing for declining inflation and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-68510","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/68510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=68510"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/68510\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=68510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=68510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=68510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}