The NZD / USD fades the bounce from two-week lows as the USD bulls return. Post-Fed risk appetite and recovery in US yields fueling the USD rally. The focus shifts to the US NFP on Friday for a decisive move in the pair. The NZD / USD moves lower and retraces below the 0.7150 level […]
Tag: NZDUSD
NZD / USD Extends Gains Driven by New Zealand Employment Data
The NZD / USD received a big boost on Wednesday in reaction to upbeat employment data in New Zealand. The dollar presents mixed results in the market awaiting data from ADP and the FOMC. The NZD / USD maintained its tone of demand during the European session and reached new daily highs at the 0.7140 […]
NZD / USD falls to two-week lows to test 0.7100
The Kiwi under pressure during the American session, among the worst results. NZD / USD breaks two-week range to the downside; the 20-day moving average awaits at 0.7080. Wednesday: New Zealand Employment Report, FOMC Announcement. The NZD / USD it is falling sharply on Tuesday amid a stronger dollar and ahead of the FOMC meeting […]
NZD / USD probing 0.7200, set to stay in range ahead of key risk events
The NZD / USD is testing the 0.7200 level and the NZD is outperforming on Monday, but the pair is within recent ranges. Catalysts for a recent range break include New Zealand jobs data from Wednesday or the FOMC meeting, or the US NFP. Despite the lack of specific fundamental catalysts related to New Zealand, […]
NZD / USD remains in negative territory near 0.7150
The NZD / USD fell to a daily low of 0.7132 on Wednesday. The US dollar index remains in a consolidation phase below 94.00. Investors await durable goods orders and US trade balance data.The pair NZD / USD it came under modest downward pressure early in the European session on Wednesday and fell to a […]
NZD / USD testing support at 0.7150 after rejection from 0.7195
The kiwi fails at 0.7195 and returns to the support zone at 0.7150. The US dollar appreciates further in a risky session. NZD / USD Bullish Momentum Loses Force – UOB. The NZD has given up earlier gains after falling back from 0.7195 on Tuesday, to test support at 0.7150. The pair NZD / USD […]
Orr says current price increases are proving to be more persistent
There could be a prolonged period of faster inflation requiring a monetary policy response, courtesy of climate changesaid the Governor of the Reserve Bank of New Zealand (RBNZ), Adrian Orr, in a virtual press conference on Tuesday in Wellington after the central bank published a report on climate change. Featured Comments “Some of the price […]
NZD / USD cuts early gains, remains calm around 0.7150
NZD / USD struggles to gain bullish momentum on Monday. The US Dollar Index rises towards 94.00 after a weak start to the week. After closing the second consecutive week in positive territory, the pair NZD / USD it rose during the Asian session on Monday, but lost its bullish momentum. At time of writing, […]
NZD / USD rises to daily highs and approaches the 0.7200 level
The NZD / USD captures new purchases on Friday and recovers a significant part of the previous day’s decline. The stability in the markets benefits the NZD with the highest perceived risk amid moderate demand for the USD. High US bond yields help limit losses around the USD and could limit the pair’s rally. The […]
Support test at 0.7160 / 70 as risk appetite fades
NZD closes six-day rally, retreating from 0.7215 The USD rebounds, favored by a moderate aversion to risk. NZD / USD: The upside bias remains positive while above 0.7160 / 70. The NZD / USD it is about to end a six-day rally against its US counterpart, weighed down by weaker sentiment. The pair has retreated […]
