The NZD / USD captures some new buying on Tuesday amid some selling bias around the USD. Risk appetite sentiment weighs on the safe haven USD and benefits the higher perceived risk NZD. The rally in US bond yields could offer some support to the USD and limit the pair’s further gains. The USD sell […]
Tag: NZDUSD
NZD / USD declines and returns below 0.7200 as month-end flows dominate forex markets
End-of-month flows are dominant in the forex markets this Friday and the NZD outperforms. The NZD may also be feeling headwinds for bank calls earlier in the week for a less moderate RBNZ going forward. The NZD / USD has returned to trading just below 0.7200 in recent trading, having hit day highs above 0.7220 […]
NZD / USD rises towards 0.7200 with its sights set on the Wall Street open and US data.
The NZD / USD posted modest daily gains on Friday. The US Dollar Index remains quiet near 90.50 after Thursday’s decline. Investors expect US inflation, personal income and personal spending data. After the sharp fall on Wednesday, the pair NZD / USD it extended its slide to a new weekly low of 0.7104 on Thursday, […]
NZD / USD watching a test of the 0.7200 level amid the dollar’s decline
NZD / USD advanced on Thursday as the USD fell, but failed to regain 0.7200. The pair has been in the middle of its range for the past two weeks. He NZD / USD It spent most of Thursday’s trading higher amid a rebound in the market’s broad appetite for risk following the liquidation of […]
NZD / USD flirts with week-long lows around 0.7100 region
The NZD / USD is witnessing some selling for the second day in a row on Thursday. The prevailing sentiment of risk aversion benefits the safe-haven USD and puts some pressure on the pair. Investors are now waiting for the release of the US Q4 GDP report to get fresh momentum. The pair NZD / […]
NZD / USD with modest losses near 0.7220 ahead of key US events.
The NZD / USD is recovering modestly after falling towards 0.7210 earlier on Wednesday. The US dollar DXY index recovers much of Tuesday’s losses. The focus is on US durable goods order data and the FOMC’s Montearia policy announcement. The pair NZD / USD posted its highest daily close in two weeks at 0.7237 on […]
NZD / USD rises to new two-week highs near 0.7250
The NZD / USD extended its rally at the beginning of the US session. The US dollar index appears to break the two-day winning streak. The risk-positive market environment weighs on the dollar as a safe haven on Tuesday. The pair NZD / USD It broke above 0.7200 in early European morning and maintained its […]
NZD / USD recovers initial losses and climbs back above 0.7200
The NZD / USD has turned higher after falling during the Asian session. The US dollar DXY index records small daily gains above 90.40. Optimistic market sentiment is helping the NZD find demand on Tuesday. The poor performance of the main stock indices during the Asian session has helped the US dollar to continue to […]
Commerce Minister O’Connor Says Enhanced Agreement Eases Export To China
“The improved agreement makes it easier to export to China and is expected to reduce compliance costs for New Zealand exports by millions of dollars each year.“New Zealand Commerce Minister Damien O’Connor said after signing the improved agreement in Wellington through a” virtual signing ceremony “with Chinese Commerce Minister Wang Wentao. Additional comments: “The improved […]
NZD / USD flirts with daily lows around 0.7170 region
The NZD / USD witnesses some new selling on Tuesday and returns the gains of the previous day. Pessimistic market sentiment benefits the safe haven USD and weighs on the NZD. The pair NZD / USD has moved lower during the Asian session on Tuesday and has returned the previous day’s earnings. At the time […]
