FOREX NEWS & BLOG

RBNZ acting Governor Hawkesby is speaking soon – on monetary policy

RBNZ acting Governor Hawkesby is speaking soon – on monetary policy

Reserve Bank of New Zealand Deputy Governor Christian Hawkesby gives a speech about the February Monetary Policy Statement at the ANZ Investor Tour.

With Orr’s resignation last week Hawkesby will be acting Governor until March 31.

At 0130 GMT/2130 US Eastern time

25 years of cash rate

This article was written by Eamonn Sheridan at www.forexlive.com.

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New Zealand’s Deputy Prime Minister Winston Peters to visit the United States this week

New Zealand’s Deputy Prime Minister Winston Peters to visit the United States this week

New Zealand Deputy Prime Minister and Foreign Minister Winston Peters will travel to New York and Washington DC later this week

  • will hold meetings with members of the Trump Administration including Secretary of State Marco Rubio, other US political contacts, and senior representatives of the United Nations

From the media release:

  • “The United States is one of New Zealand’s closest and most important partners,” Mr Peters says. “This visit provides a chance for the New Zealand Government to engage directly with the Trump Administration in Washington on our mutually beneficial bilateral relationship. “New Zealand and the United States have a long history of close and broad cooperation in pursuit of shared interests, and we look forward to discussing in Washington how to continue building on that in the months and years ahead.”

Peters departs New Zealand on Thursday 13 March and arrives back on Friday 21 March.

This article was written by Eamonn Sheridan at www.forexlive.com.

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Here’s a EUR/USD forecast to 1.20 after the German fiscal bazooka lst week

Here’s a EUR/USD forecast to 1.20 after the German fiscal bazooka lst week

Catching up on some of the revised forecasts after Germany ditched its debt brake, ICYMI:

Bank of America revised up their forecasts for the euro:

  • now see EUR/USD reaching $1.15 by the end of 2025
  • and to around $1.20 by the end of 2026

This article was written by Eamonn Sheridan at www.forexlive.com.

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US Air Force intercepted 2 aircraft in restricted airspace near Mar-A-Lago on Sunday

US Air Force intercepted 2 aircraft in restricted airspace near Mar-A-Lago on Sunday

U.S. Air Force fighter jets intercepted a civilian aircraft that entered restricted airspace over President Trump’s Mar-a-Lago estate in Florida on Sunday, violating a temporary flight restriction, according to NORAD.

This was the second such incident in 48 hours where F-16s from the Continental U.S. NORAD region responded to unauthorized flights over Palm Beach, NORAD stated. Since Trump’s inauguration on January 20, the agency has dealt with more than 20 such airspace violations in the area.

During the interception, the fighter jets deployed flares to signal and communicate with the pilot. The incident took place while Trump was at his golf course in West Palm Beach, according to a White House pool report.

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The info comes via US politics website Axios.

Its Sunday, let the man play golf!

This article was written by Eamonn Sheridan at www.forexlive.com.

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