The NZD / USD regained its traction after closing lower on Monday. The US Dollar Index remains below 92.00 on Tuesday. New Zealand’s second quarter employment report will be seen for fresh momentum. The pair NZD / USD It posted small losses on Monday but managed to gain bullish momentum during the Asian session on […]
Tag: NZDUSD
NZD / USD clings to gains near session highs, 0.7000 remains in sight
The NZD / USD drew some buying in the dips near 0.6950 on Monday amid a renewed USD sell bias. Dovish Fed expectations, falling US bond yields, and risk appetite undermined the safe-haven dollar. Concerns about the fast-spreading delta variant could act as a headwind and limit gains. The pair NZD / USD it maintained […]
NZD / USD is trading below 0.7000 following US inflation data.
The NZD / USD is moving slightly lower at the beginning of the US session. Core inflation for the PCE rose slightly in June, but was below market expectations. The US Dollar Index clings to modest gains near 92.00. The pair NZD / USD it is pushing lower in the early hours of the US […]
NZD / USD remains near 0.7000 after disappointing US data.
The NZD / USD is holding on to strong daily gains early in the US session. The US Dollar Index remains deeply lower near 92.00. The US economy grew at a softer pace than expected in the second quarter. The pair NZD / USD remains in positive territory early in the US session as the […]
NZD / USD could keep consolidation tone unchanged – UOB
In the opinion of UOB Group currency strategists, the pair is expected to NZD / USD stay in the 0.6900-0.7010 range in the coming weeks. Featured statements: 24-hour outlook: “While we expected the NZD to weaken yesterday, we are of the opinion that ‘a breakout of the major support at 0.6920 is unlikely.’ However, the […]
NZD / USD falls to fresh one-week lows, approaching 0.6900 ahead of FOMC
The NZD / USD witnessed some follow-up selling for the second consecutive session on Wednesday. As US bond yields rallied, risk aversion benefited the dollar as a safe haven and put pressure. Investors eagerly await the FOMC’s monetary policy decision before making further directional bets. The pair NZD / USD it maintained its offered tone […]
The RBNZ could lead to raising interest rates to 2% by the third quarter of 2022 – Grant Spencer
It is The Reserve Bank of New Zealand (RBNZ) is likely to start its rate hike cycle from August, then rise again in November and bring your official cash rate (OCR) to 2% or more for the third quarter of 2022, MNI reported, citing comments from the former RBNZ deputy governor. Grant Spencer. Featured statements […]
NZD / USD bounces from six-day lows above 0.6950
Kiwi cut losses against the dollar, remains among the worst performers. NZD / USD falls for the first time after rising for four consecutive trading days. The NZD / USD it bottomed during the US session at 0.6938, the lowest level since last Wednesday, and then rebounded sharply, cutting losses. The pair rose to 0.6970, […]
NZD / USD falls near 0.6950 amid risk aversion
The NZD / USD sees some selling on Tuesday amid resurgent demand for the USD. The troubles surrounding COVID-19 weigh on investor sentiment and benefit the safe-haven USD. Falling US bond yields could act as a headwind for the USD and help limit the pair’s losses. The pair NZD / USD spreads its intraday losses […]
NZD / USD stabilizes around 0.7000 as USD struggles to find demand
The NZD / USD rebounded after falling to the 0.6950 area. The US Dollar Index appears to end the day in negative territory. Focus shifts to Tuesday’s US data release ahead of the FOMC meeting. The pair NZD / USD He started the new week off the back foot and dropped to 0.6950 before regaining […]
