Earlier this year RBNZ Governor Wheeler reiterated his pledge to start increasing interest rates soon, also mentioning he requires more information in order to asses the economy's outlook in March, bolstering the case of March's rate hike.
There are more and more concerns now the world's third largest economy will be dragged into another recession by the April's consumption tax hike that will weigh on domestic demand.
It seems that U.K. politicians and policymakers are having different views on the domestic economy.
The world's largest economy has been reporting weak data from practically all sectors of the economy, including labour and housing markets.
Wednesday's disappointing news from the United States were unable to get either side of the most traded currency pair moving, while the pair was poised to end the week above 1.37.
Earlier this week Australian policymakers signalled they are getting more confident in the nation's future economic performance, saying weaker Aussie is contributing to growth.
It seems that Japanese policymaker have found a new low-cost way to look like they are easing further their monetary policy without making any bold steps.
The U.K. economy is currently suffering from turbulent economic conditions even despite a recent upswing in growth last year.
The Federal Reserve will keep its monetary policy accommodative until unemployment fall to around 6.5%. Wait, have we heard something similar from the BoE already?
Central banks all over the world are getting more and more predictable as there were no surprises from policymakers so far this year.
Comments from Australian policymakers can sound strange for some, taking into account weak performance by a resource-rich economy during the last couple of months.
Japan's central bank offered no surprises to markets this time, leaving its unprecedented stimulus programme unchanged ahead of a looming tax hike a couple of months later, while decided to extend its loan programmes that were due to expire soon.
The U.K. economy has been highly volatile during the several months. After a rapid expansion and hawkish comments it is getting obvious the growth is loosing some of its steam.
Last week the first testimony by Janet Yellen as the Chairman of the Fed confirmed that interventionist Keynesian policies at the U.S. Federal Reserve are considered to be well-entrenched and still far from being over.
German ZEW Economic Sentiment usually has a strong market impact, as it is a leading indicator of economic health.
The NZD/USD currency pair is still trading in boundaries of a triangle pattern that was formed in the middle of April.
The world's third largest economy failed to regain momentum during the last three months of 2013, official data showed Monday, as spending by companies and households deteriorated over the period.
This week investors should definitely pay their attention to the Pound as every single day of the week a set of vital data or comments that can shed light of central bank's future moves will be available to public.
The number of economists projecting the Federal Reserve will start increasing interest rates later this year is constantly rising.
The single currency soared to its highest level in three weeks against the U.S. Dollar ahead of the Eurogroup meeting, while the fact the U.S. markets will remain closed on Monday means that the most traded currency pair will be driven by fundamental news from Europe.
The Australian Dollar recovered on Friday, after it was pushed lower by disappointing domestic jobs data.
This week only few of the Bank of Japan watchers are expecting the central bank to tweak its monetary policy ahead of the looming April's tax hike that is likely to become a massive drag on the economy.
The Bank of England's new, adjusted forward guidance has shifted the focus of monetary policy away from one key economic indicator that was difficult to predict, to another which is almost impossible to measure.
The FOMC or the Federal Open Market Committee is comprised of presidents of the several Fed banks in the United States and members of the Fed Board of Governors.