The NZD / USD reversed its direction after rising sharply earlier in the day. The US dollar index remains above 92.50 in the American session. Market sentiment deteriorated with the major Wall Street indices pushing down. The pair NZD / USD It reached its highest level since mid-June at 0.7106 on Tuesday, but wiped out […]
Tag: NZDUSD
NZD / USD is trading near multi-week highs that settled above 0.7100
NZD / USD is clinging to impressive daily gains on Tuesday. Upbeat New Zealand data provided a boost to NZD. The US Dollar Index remains green above 92.30 ahead of the PMI data. The pair NZD / USD It gained traction during Asian business hours on Tuesday and reached its highest level since mid-June at […]
NZD / USD climbs to three-week highs around 0.7100 in light of RBNZ rate hike
Expectations of a RBNZ rate hike provided a strong boost to the NZD / USD on Tuesday. Diminished hopes of a tightening of past monetary policies by the Fed weigh on the dollar. The scenario looks set for a move towards the test of the 100-day SMA, near 0.7150. The pair NZD / USD has […]
Commodity currencies rise against the dollar, focus is on ISM services PMI
This is what you need to know to trade today Tuesday, July 6: The US dollar remains on the defensive as Americans return after a long weekend and ahead of the ISM services PMI. The Australian dollar lags behind the middle New Zealander in a mixed RBA decision and oil is rising after the failure […]
NZD / USD comfortably holds above 0.7000 level, lacks continuation
The NZD / USD is advancing for the second day in a row amid moderate demand from the USD. Diminishing the odds of an earlier Fed rate hike keeps USD bulls on the defensive. A softer risk tone prevents the pair’s bulls from opening new positions around the higher perceived risk NZD. The pair NZD […]
NZD / USD extends its sideways move above 0.7000
The NZD / USD struggles to find direction at the beginning of the week. The US Dollar Index remains flat above 92.00 on a quiet day. Financial markets in the US will be closed due to the Independence Day holiday. Despite a decisive rally on Friday, the pair NZD / USD it closed the previous […]
NZD / USD bounces above 0-7000, still on track to post weekly losses
The NZD / USD staged a decisive rally in the American session. The US Dollar Index struggles to stay above 92.50. The NZD / USD is still on track to close the week in negative territory. The pair NZD / USD It fell below 0.6950 early in the US session but managed to turn 180 […]
NZD / USD remains on the defensive near 0.6960, all eyes on the US NFP report.
The NZD / USD pair remains in negative territory on Friday. The US Dollar Index remains near the multi-month highs set earlier in the day. US nonfarm payroll data is next on the US economic agenda. The pair NZD / USD it extended its weekly decline and hit its lowest level in nearly two weeks […]
NZD / USD struggles near two-week lows just above 0.6950
The NZD / USD remains under some selling pressure during the first half of the European session. Optimistic expectations from the Fed push the USD to fresh three-month highs and act as a headwind for the pair. The drop appears to be supported as investors turn cautious ahead of America’s monthly NFP jobs report. The […]
NZD / USD struggles to stay above 0.7000 as USD gains strength
The NZD / USD lost its traction after making a modest rebound. The US dollar index is nearing multi-month highs. Private sector employment in the US increased more than expected in June. After losing almost 100 pips in the first two days of the week, the pair NZD / USD it experienced a modest recovery […]
