{"id":80138,"date":"2015-10-27T03:28:57","date_gmt":"2015-10-27T07:28:57","guid":{"rendered":"http:\/\/countingpips.com\/?p=80138"},"modified":"2015-10-27T08:28:41","modified_gmt":"2015-10-27T12:28:41","slug":"kiwi-drops-after-soft-new-zealand-trade-data-rbnz-now-in-focus","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/10\/kiwi-drops-after-soft-new-zealand-trade-data-rbnz-now-in-focus\/","title":{"rendered":"Kiwi drops after soft New Zealand trade data, RBNZ now in focus"},"content":{"rendered":"<div id=\"inves-2374250767\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 27, 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>New Zealand\u2019s weaker than forecast trade report for September led to a dip to $0.6740 before steadying around 0.6760.<\/p>\n<p>New Zealand\u2019s trade deficit reached a 12-month high last month as exports falter and dairy prices remain sour.<\/p>\n<p>The deficit was NZ$1.222bn in September, marking the fourth trade shortfall in a row.<\/p>\n<p>While the September deficit is actually smaller than the N$1.359bn gap one year before, the last two deficits are each above NZ$1bn.<\/p>\n<p>Focus now turns to the Reserve Bank of New Zealand\u2019s policy meeting on Thursday.<\/p><div id=\"inves-3120797303\" 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>Having already delivered three rapid-fire rate cuts, is expected to leave interest rates unchanged this week as it studies recent encouraging developments in the economy.<\/p>\n<p>Many economists expect the official cash rate (OCR) to stay at 2.75 percent at the October 29 policy review. However, almost all see a cut at the next meeting in December.<\/p>\n<p>The RBNZ which reviews its cash rate eight times a year, lowered the OCR by a quarter point in each of the past three meetings.<\/p>\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","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime New Zealand\u2019s weaker than forecast trade report for September led to a dip to $0.6740 before steadying around 0.6760. New Zealand\u2019s trade deficit reached a 12-month high last month as exports falter and dairy prices remain sour. The deficit was NZ$1.222bn in September, marking the fourth trade shortfall in a row. While [&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-80138","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80138","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=80138"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80138\/revisions"}],"predecessor-version":[{"id":80163,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80138\/revisions\/80163"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=80138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=80138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=80138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}