The NZD / USD is witnessing a modest pullback from the multi-month highs hit early Thursday. Softer risk sentiment and high bond yields benefit the safe-haven USD and put pressure on the pair. Rising expectations for a further rate hike from the RBNZ warrant caution for aggressive bears. The pair NZD / USD extends its […]
Tag: NZDUSD
NZD / USD declines from multi-month highs, rises modestly around the 0.7160-55 zone
The upside bets for a further rate hike in the RBNZ took the NZD / USD to more than four-month highs. The rally in US bond yields helped reignite demand for USD and limited the pair’s rise. Any significant corrective decline could be seen as a buying opportunity. The NZD / USD pair traded with […]
Movement Above 50% Fibonacci Sets The Stage For Additional Gains
-637702284843146828.png "Movement Above 50% Fibonacci Sets The Stage For Additional Gains")
The NZD / USD gains strong traction for the fifth day in a row on Tuesday. The sustained breakout of the confluence hurdle at 0.7100 favors the bulls. Overbought conditions warrant some caution before opening new bullish positions. The NZD / USD pair has continued to move higher during the European session on Tuesday and […]
NZD / USD retraces from month-long highs and falls to the 0.7050 region
The NZD / USD is witnessing an intraday pullback from the month-long highs hit early Monday. Optimum expectations from the Fed and the rebound in US bond yields help reignite demand for the USD. A softer risk appetite further benefits the safe-haven USD and puts some pressure on the pair. The pair NZD / USD […]
NZD / USD appreciates further, approaching 0.7100
The NZD extends gains beyond 0.7040 to get closer to the 0.7100 area. Risk appetite is supporting the NZD against a weaker USD. NZD / USD: The breakout of 0.6980 could send the pair to 0.7400 – Westpac. The NZD continues north for the third day in a row on Friday. The pair NZD / […]
NZD / USD bullish attempts remain capped below 0.6970 / 80
The Kiwi rebound from 0.6910 stalls below the 0.6970 / 80 resistance area. The dollar loses ground with the flattening of the US yield curve. The FOMC Minutes confirm the gradual reduction of QE before the end of the year. The NZD It has recovered from session lows at 0.6910 on Wednesday to erase Tuesday’s […]
NZD / USD holds steady above 0.6900 as reaction from US NFP holders wanes.
The NZD / USD spiked to a daily high of 0.6959 once the US Non-Farm Payroll headline came to light. NZD / USD declines from daily highs as US employment reaction fades. Investors seem convinced that a bond phase-down announcement could be made at the next Fed meeting. The NZD / USD advancing for the […]
NZD / USD clings to modest gains near 0.6930, focus is on US NFP report.
The NZD / USD saw a modest bounce after falling towards 0.6900. The US Dollar Index moves away from the session highs and remains above 94.00. Nonfarm payrolls in the US are expected to increase by 500,000 in September. The pair NZD / USD It closed modestly higher on Thursday and spent the Asian session […]
NZD / USD bounces off 0.6875 and returns to the 0.6900 zone
The kiwi finds support at 0.6875 to try to regain the 0.6099 level. Inflationary pressures fueled the recovery of the US dollar. NZD / USD: Crucial support at 0.6860 – SocGen. The New Zealand dollar It appears to have found support at 0.6875 on its reversal from the 0.6980 area to cut losses during the […]
NZD / USD falls to fresh weekly lows below 0.6900 level
NZD / USD witnesses aggressive selling on Wednesday amid broad USD strength. The RBNZ’s decision to raise interest rates does little to impress bulls or lend support to the pair. Risk aversion also helps drive money flows away from the higher perceived risk NZD. The pair NZD / USD has fallen to new weekly lows […]
