NZD / USD is pushing lower during European trading hours. The US Dollar Index rises towards 92.00 before the FOMC. The yield on 10-year US Treasuries rose more than 3% on Wednesday. The pair NZD / USD came under further downward pressure during European trading hours as the USD began to find demand thanks to […]
Tag: NZDUSD
NZD / USD remains defensive below 0.7200 level awaiting FOMC
The NZD / USD extends its side consolidation price action for the second day in a row. Investors now seem reluctant to open aggressive positions before the FOMC decision. The pair NZD / USD lacks a firm directional bias and remains trapped within a narrow trading range below the 0.7200 level at the start of […]
NZD / USD approaches 0.7200 level awaiting FOMC
NZD / USD remained in range on Tuesday near the 0.7200 level in anticipation of key events. The pair ignored disappointing US data as it looked to Wednesday’s FOMC event and New Zealand GDP data. It has been a session with a very marked range for the NZD / USD, the pair oscillating between highs […]
NZD / USD consolidates daily losses, seems to close below 0.7200
The NZD / USD is struggling to find direction on Tuesday. The US dollar index remains in positive territory during the American session. The GDT price index in New Zealand declined 3.8%. The pair NZD / USD It fell to a daily low of 0.7168 during European trading hours, but managed to erase its daily […]
NZD / USD extends daily decline to 0.7170 ahead of US data.
The NZD / USD turned south after closing in positive territory for three days. The US Dollar Index is approaching 92.00 on Friday. Eye on PPI and US Consumer Confidence Data The pair NZD / USD it posted impressive gains in the previous three trading days and rose to 0.7242 before reversing its direction on […]
NZD / USD returns above 0.7200 as pair adjusts to US dollar dynamics
The NZD / USD ranged between the 0.7240 and 0.7190 levels and is currently trading around 0.7220. The pair has largely traded based on USD dynamics amid New Zealand’s lack of domestic fundamentals. It’s been a busy day for him NZD / USD, with the pair hitting highs at 0.7240 early in the European session […]
NZD / USD with modest losses just above the 0.7150 level
The NZD / USD is witnessing some new selling on Wednesday amid renewed buying interest around the USD. Softer risk sentiment further affects the higher perceived risk NZD and adds to the pair’s selling bias. Investors are now waiting for the release of US consumer inflation figures to get a fresh boost. The pair NZD […]
NZD / USD extends bounce above 0.7170 amid a general dollar decline
NZD / USD on track to end a four-day losing streak. DXY goes from 92.50 to lose 92.00, Treasury bond yields decline. The NZD / USD closed on Monday for the fourth day in a row in negative territory, and on Tuesday it is rebounding significantly. The pair just made new highs for the day […]
NZD / USD continues to push lower towards 0.7100 as DXY updates multi-month highs
The NZD / USD remains under heavy bearish pressure on Monday. The US dollar index extends the rally to the beginning of the week. The yield on 10-year US Treasuries continues to climb. The pair NZD / USD it posted weekly losses for the second time in a row last week and extended its slide […]
NZD / USD falls to the 0.71000 zone approaching Friday’s lows
The NZD / USD failed to stay in positive territory and undertook a pullback. Rise in Treasury yields and US prospects continue to support the dollar. The NZD / USD extended the intraday retracement in European hours and fell to 0.7104, reaching a new low for the day, near Friday’s low at 0.7097. The pair […]
