NZD / USD is trading in positive territory on Tuesday. The US Dollar Index continues to push lower towards 90.00. The New York Empire State Manufacturing Index and New Zealand GDT Price Index will be as follows. The pair NZD / USD it posted small gains on Monday and maintained its bullish momentum during Asian […]
Tag: NZDUSD
NZD / USD cuts large chunk of early gains, holding above 0.7200
NZD / USD is trading in a tight range above 0.7200 on Monday. The US Dollar Index consolidates last week’s losses below 90.50. US markets are closed due to the Presidents’ Day holiday. The pair NZD / USD started the new week on a firm footing and rose to 0.7250 in the early trading hours […]
NZD / USD clings to gains near daily highs as bulls await a move above 0.7250
The NZD / USD has caught some aggressive buying on the first day of the week amid the prevailing sell bias in the USD. Vaccine optimism continues to support risk sentiment and weighs on the safe-haven USD. Sustained force above the 0.7250 level should pave the way for some continuation force. The pair NZD / […]
NZD / USD recovers from weekly lows at 0.7175 returns to midpoint of weekly range above 0.7200
NZD / USD has rebounded sharply from pre-session lows in the US at 0.7170 after finding support at Monday’s low. The rally from the lows came primarily as a result of USD weakness. The pair NZD / USD it has recovered sharply from the lows prior to the US trading session at 0.7170. It has […]
NZD / USD falls and remains below 0.7200
Among the majors, the kiwi is the worst performing currency on Friday. The dollar in recovery mode, pauses but maintains a favorable trend. The NZD / USD rose above 0.7250 on Thursday, but in the hours that followed erased the gains. In the European session on Friday it broke below 0.7200 and fell to 0.7183, […]
NZD / USD rises slightly and remains above 0.7200 before US data.
The NZD / USD is trading in a very tight range on Thursday, like most pairs. The US dollar index does not show significant changes and operates below 90.50. After closing the first two days of the week with profit, NZD / USD lost momentum on Wednesday, retreating from a month-high. The move found support […]
NZD / USD corrects from monthly highs near 0.7250 ahead of US and Powell CPI
The NZD / USD fails to benefit from the broad decline in the US dollar. Trade tensions between New Zealand and China and a rebound in US Treasury yields weigh on the pair. The focus remains on the US CPI data and Powell’s speech. The corrective pullback in the pair NZD / USD accelerated during […]
NZD / USD pulls back towards resistance at 0.7250 zone
NZD / USD has risen from the US session lows, but has not retested the session highs at 0.7250. The NZD’s underperformance is surprising given strong inflation and an aggressive move by the RBNZ. The NZD / USD it performed well during the Asia Pacific trade, rebounding from around the 0.7220 area to modestly above […]
NZD / USD returns most of the daily gains and is back near 0.7230
The NZD / USD struggles to preserve its bullish momentum on Tuesday. Risk-off sentiment keeps NZD gains limited. The US Dollar DXY Index remains deep in negative territory. The pair NZD / USD gained over 40 pips on Monday and has managed to rise to its highest level in a month at 0.7254 on Tuesday. […]
New Zealand’s inflation expectations rise further in the first quarter
New Zealand’s inflation expectations have accelerated further over the first quarter 2021 time horizon, according to the latest survey of monetary conditions conducted by the Reserve Bank of New Zealand (RBNZ) on Tuesday. Two-year inflation expectations, seen as the time frame in which the Bank of New Zealand’s monetary policy action will filter into prices, […]
