The NZD rises along with risk sensitive pairs like the AUD and GBP, the US dollar weakened. Fed Chairman Powell: “If we have to raise interest rates more over time, we will.” NZD / USD has a neutral-bearish bias as the pair faces the confluence of the 50, 100 and 200 moving averages on the […]
Tag: NZDUSD
NZD / USD declines back to 0.6750, looking at last week’s lows
NZD / USD recently fell back to the 0.6750 level as the dollar recovers amid safe haven flows. Kiwi and other risk-sensitive currencies are underperforming as stocks tumble amid tightening fears from the Fed. The NZD / USD it has returned to the 0.6750 level in recent trading and has been testing last week’s lows […]
NZD / USD cannot reach the 0.6800 level ahead of US data as US economic optimism rises and yields rise
The NZD / USD has failed to recover 0.6800 ahead of the US data, with the DMA of 21 at 0.6788 acting as a magnet. The pair risks incurring further losses if optimism about the US economic outlook / Fed tightening outlook continues to rise. The failure of NZD / USD to regain 0.6800 despite […]
NZD / USD with modest gains just below 0.6800, lacks bullish conviction
The NZD / USD gains some positive traction on Tuesday and recovers a portion of the previous day’s losses. Risk appetite is seen as a key factor benefiting the higher perceived risk NZD. High US bond yields benefit the USD and limit any significant rise in the pair. The pair NZD / USD moves with […]
NZD / USD holding around 0.6835-40, rally looks limited amid stronger USD
The NZD / USD recovered slightly during the European session on Monday. Resurgent USD demand acts as a headwind and limits any further gains for the pair. Risk appetite could continue to support the NZD with the highest perceived risk. The pair NZD / USD you have recovered a portion of your intraday losses and […]
NZD / USD recovers 0.6800 amid mixed market environment
The risk-sensitive NZD is advancing in a mixed market environment. US Treasury yields are on the rise, though they hesitate to drag the dollar down, which is heading below 96.00. NZD / USD has a bearish bias and could accelerate the downtrend once the 0.6800 level is broken. The NZD it is moving higher, recovering […]
NZD / USD declines returning below 0.6800 as the kiwi remains bearish against its G10 peers
The NZD / USD fell back below 0.6800 in recent trading, although support has been ahead of the 21 DMA. The pair may struggle to achieve conviction this week amid weaker Christmas trading conditions. Next week’s big list of US data could offer a boost to currency markets. The NZD / USD it has fallen […]
NZD / USD clings to 0.6800 despite losing as last trading week of the year begins
-637762358253948643.png "NZD / USD clings to 0.6800 despite losing as last trading week of the year begins")
The NZD / USD is down 0.04% during the day. The NZD is lower on the general strength of the US dollar. Market sentiment is optimistic, despite the first Covid-19 Omicron related death reported worldwide. NZD / USD Price Forecast: Has a downside bias, but a break below 0.6800 is needed to calm the NZD […]
Risk turns positive, NZD stands out with the biggest advance
This is what you need to know to operate this Wednesday, December 21: Strong gains from European stocks eventually carried over to the US session. The antipodean currencies (AUD + 0.61%, NZD + 0.84%) and the GBP (+0.45%) they performed well during the day and they continued to recover from the previous days. The yen […]
NZD / USD cuts Monday’s losses and is steady around 0.6750
The NZD / USD is moving higher on Tuesday, up 0.52%. Better market sentiment keeps risk-sensitive currencies in supply to the detriment of the US dollar. NZD / USD Technical Outlook: Bearish trend, but bullish in the short term. After spreading its losses for two consecutive days, the New Zealand dollar is advancing in the […]
