The NZD / USD is rising modestly after closing negative on Monday. The US Dollar DXY Index consolidates Monday’s gains near 93.00. The focus shifts to key US macroeconomic data. The pair NZD / USD it closed on the first day of the week with small losses and has changed its direction on Tuesday. At […]
Tag: NZDUSD
NZD / USD stable above 0.6670 despite strong US dollar
NZD / USD consolidates gains above 0.6670. Kiwi remains stable despite overall USD strength. NZD / USD likely to extend rally, targeting 0.6770 / 6806 – Credit Suisse. The New Zealand dollar it is consolidating gains near 0.6700 on Monday after the three-day rally from 0.6550 made last week. Kiwi remains strong in risk aversion […]
NZD / USD consolidates last week’s gains just below the 0.6700 level
The NZD / USD is moving within a tight range at the beginning of the week. The USD strengthens thanks to safe-haven monetary flows. The focus is on the new home sales data and the Chicago Fed National Activity Index for the US. The pair NZD / USD it gained nearly 80 pips last week […]
NZD / USD recovery extends above October high at 0.6680
The NZD / USD bounce from 0.6635 has reached new one-month highs above 0.6680. Kiwifruit holding firm amid broad USD rally. NZD / USD seen trapped between 0.6570 and 0.6700. The New Zealand dollar It has resumed its uptrend from Tuesday’s lows at 0.6550 and is on track to post its second consecutive positive day […]
NZD / USD remains stable near weekly highs, around the 0.6665-70 zone
The NZD / USD rose for the second consecutive session on Thursday. The softer risk tone benefited the dollar as a safe haven and limited the rise. Investors are now looking to Trump-Biden for a significant boost. The pair NZD / USD it traded with a slight positive bias during the mid-European session and was […]
Defend the support of the 50-day SMA as the range movement continues
The NZD / USD is rebounding from the key support of the 50-day SMA at 0.6633. A move above 0.6682 is needed to confirm a bullish breakout. The NZD / USD pair is moving slightly higher during the European session on Thursday, around the 0.6660 region, after having defended the 50-day SMA at 0.6633 earlier […]
NZD / USD extends bounce above 0.6600 as USD continues to weaken
NZD / USD bounces sharply from eight-day lows. USD weakens amid US stimulus hopes and risk appetite. The rebound in US Treasury yields could end the pair’s rally. The pair NZD / USD moves sharply higher during the European session on Wednesday, extending the previous day’s bounce towards the 0.6625 region amid the incessant selling […]
NZD / USD falls sharply to 0.6550 zone, low in almost two weeks
Kiwi under pressure in anticipation of more stimulus from the RBNZ. NZD / USD reversed Monday’s rise and is approaching monthly lows. The NZD / USD is falling on Tuesday and It operates at 0.6570, after having managed to move away from the lows of the day. The rebound of the last hours had to […]
NZD / USD makes new highs near 0.6650
Kiwi gains momentum after data from China and elections in New Zealand. NZD / USD rises for the second day, rebounding from the 100-day average. The NZD / USD is rising on Monday with a positive tone, although not yet fully recovered from the fall he had last Thursday. The apatite for risk and the […]
NZD / USD Price Analysis: Falls to new weekly lows below 0.6600 level
A strong pickup in USD demand puts heavy pressure on the NZD / USD. A sustained break below the 200 hourly SMA has been considered a key trigger for bears. The pair now looks vulnerable to retesting the monthly lows, around 0.6550. The NZD / USD pair witnessed strong selling on Thursday and extended the […]
