A combination of factors causes aggressive selling around the NZD / USD on Tuesday. Rising US bond yields push the dollar to more than a month high and put pressure on the pair. The aversion to risk helps to move away the monetary flows of the NZD of higher perceived risk. The pair of NZD […]
Tag: NZDUSD
NZD / USD falls to session lows below 0.7050 ahead of Fed statements
The NZD / USD turned south after closing in positive territory on Thursday. The US dollar index posted modest gains near 93.20. FOMC President Jerome Powell is scheduled to deliver a speech at 14:00 GMT. The risk-positive market environment and widespread USD weakness helped the pair NZD / USD to close in positive territory on […]
NZD / USD in consolidation, clings to modest gains above 0.7000
The NZD / USD gains traction during the Asian session. The US Dollar DXY Index continues to move sideways above 93.00. Investors wait for the FOMC to announce policy decisions. The pair NZD / USD It closed for the fourth straight day in negative territory on Tuesday, but rebounded during Asian trading hours on Wednesday. […]
NZD / USD retreats towards the 0.7000 zone, on course to close the fourth consecutive day lower
The NZD / USD fell to fresh three-week lows on Tuesday. The US dollar index stabilizes around 93.20, it seems to close sideways. The major Wall Street indices are clinging to small daily gains. After closing the previous three trading days in negative territory, the pair NZD / USD It rose to a daily high […]
NZD / USD extends intraday recovery gains and rises to 0.7050 region
The NZD / USD makes a nice bounce from the support of the 50-day SMA near the 0.7000 level. Risk appetite weighs on the safe-haven USD and benefits the higher perceived risk NZD. The optimistic expectations of the Fed and the rebound in US bond yields could help limit losses around the USD and limit […]
NZD / USD bounces modestly towards 0.7030 before testing 0.7000
The NZD / USD erased a portion of its daily losses early in the US session. The US dollar index struggles to preserve bullish momentum. The major Wall Street indices are suffering heavy losses. The pair NZD / USD It started the new week under downward pressure and fell to its lowest level in three […]
NZD / USD remains bearish near three-week lows, remains above 0.7000
A combination of factors continued to drag NZD / USD lower for the third day in a row. Expectations of an aggressive Fed pushed the USD to month-long highs and put some pressure on it. Risk aversion did even more to drive away flows of kiwi perceived as riskier. The pair NZD / USD it […]
NZD / USD cuts most daily gains, trading around 0.7070 ahead of US data.
The NZD / USD lost its traction before hitting 0.7100 on Friday. The US Dollar Index consolidates Thursday’s rally below 93.00. Focus shifts to September MU consumer confidence index data. The pair NZD / USD It fell to its lowest level in 16 days at 0.7063 on Thursday and recorded a modest recovery in the […]
GDP breaks expectations and rises 2.8% in the second quarter compared to the 1.3% expected
Gross domestic product New Zealand GDP widely exceeded expectations in the second quarter, reaching 2.8% versus 1.3% expected. On an annual basis, it also beat expectations, rising 17.4% versus the 16.3% expected. “Because these data inform us about the historical starting point of the economy, it is the only data set that, if strong, will […]
NZD / USD remains calm above 0.7100 ahead of New Zealand GDP data
The NZD / USD appears to close modestly higher on Wednesday. The New Zealand economy is expected to grow at an annual rate of 16.3% in the second quarter. The US Dollar Index remains near 92.50 ahead of US retail sales data. After falling to 0.7074 earlier in the day, the pair NZD / USD […]
