The NZD / USD captures new purchases on the first day of 2021 amid a sustained selling bias of the USD. Risk appetite sentiment is seen as a key factor weighing on the USD as a safe haven. The bulls do not appear to be affected by Monday’s release of the Chinese manufacturing PMI. The […]
Tag: NZDUSD
NZD / USD rises above 0.7200 for the first time since April 2018
The NZD / USD extends its daily rally at the beginning of the US session. The US dollar index declines as US stocks trade green. The United States trade deficit widened to $ 84.82 billion in November. The pair NZD / USD It gained traction during the first trading hours of the US session and […]
NZD / USD hits new highs since April 2018, very close to 0.7200
The NZD / USD extended the positive tone, driven by the weakness of the dollar. Going up in the stock markets contributes to the demand for riskier assets. The NZD / USD extended the bullish run and climbed to 0.7198, the new high since April 2018. It remains close to 0.7200, with the bullish tone […]
NZD / USD extends advance above 0.7130, to weekly highs
NZD / USD recovers after Monday’s slide, approaching December highs. Dollar weakness and stock market rise among the main bullish factors. The NZD / USD closed the first day of the week slightly lower, but gained traction on Tuesday and has just risen to 0.7142, reaching the highest level in a week. The price is […]
NZD / USD falls below 0.7100 as the US dollar rises
The NZD / USD has dipped below 0.7100 in recent trading, amid a rally in the dollar. The USD moves slowly towards the end of the year, where the rebalancing of flows could provide some support. He NZD / USD it has dipped below the 0.7100 level in the recent trade and is down about […]
NZD / USD stabilizes below 0.7050, on track to close third consecutive day lower
The NZD / USD was under renewed downward pressure in the American session. The market’s cautious mood is helping the USD outperform its rivals. Consumer confidence in the United States deteriorated in December. The pair NZD / USD it closed the first day of the week in negative territory and continued to push lower on […]
NZD / USD bounces modestly from multi-week lows, remains below 0.7050
The NZD / USD is falling for the second consecutive trading day. The USD market valuation propelled the NZD / USD movements on Monday. The decline in US equity futures suggests that safe-haven flows will dominate the US session. After advancing to a new multi-year high of 0.7172 last Thursday, the pair NZD / USD […]
NZD / USD struggles to return above 0.7150 as wounded US dollar recovers
NZD / USD gains have been capped by the 0.7150 level on Friday amid a small rally in the USD. The USD is likely to close in the green for the first time this week, with DXY consolidating just above the 90.00 level. He NZD / USD It has traded heavily on USD dollar flows […]
Overbought conditions on the daily chart point to a minor pullback
NZD / USD is back from multi-year highs of 0.7172. Overbought conditions on the daily RSI could drive a pullback. The focus is on the news about the US stimulus and money flows towards the US dollar. The NZD / USD pair extends its corrective decline from two-and-a-half-year highs of 0.7172, hovering around the 0.7130 […]
NZD / USD falls back below 0.7150 from multi-year highs
The NZD / USD has retreated from highs at 0.7170 to around 0.7150 in recent trading. However, the NZD remains one of the best performing G10 currencies following strong GDP data and positive feedback on the NZD from the NZ Minister of Finance. He NZD / USD It has retraced from fresh multi-year highs set […]
