The NZD / USD is fluctuating within a narrow range below 0.7100 on Thursday. The US Dollar DXY Index remains under modest bearish pressure around 91.00. The focus is on PMI data for services and initial US jobless claims. After climbing to its highest level since April 2018 at 0.7085 on Wednesday, the NZD / […]
Tag: NZDUSD
NZD / USD in range but looking to test recent highs of 0.7084
The NZD / USD is trading flat on the day just above 0.7060, having oscillated between highs above 0.7080 and lows below 0.7040. The pair continues to trade within an uptrend channel and the eyes of the bulls are pointing to new multi-year highs. The NZD / USD It has been oscillating / in range […]
NZD / USD continues to rise, crosses above 0.7050 level and June 2018 highs
Another day of gains for the NZD / USD has seen the pair rise above the 0.7050 level and its June 2018 highs. Kiwi traders await the terms of trade data released early in the Asian session on Wednesday. The NZD / USD has continued to move higher, with the pair advancing above 0.7050 and […]
NZD / USD retraces from highs of 0.7050 but remains elevated
NZD / USD briefly touched 0.7050 on Monday, before an attack of strength by the USD at the end of the month sent the pair lower. However, the pair found solid support at 0.7010, and is now consolidating around 0.7030. The NZD / USD It briefly eclipsed the 0.7050 level on Monday, before retreating sharply […]
NZD / USD retraces from 29-month highs, remains in positive territory near 0.7030
NZD / USD lost its traction after climbing above 0.7050. The US dollar index registered a modest rally at the beginning of the US session. Wall Street appears to start the day in negative territory. The NZD / USD It started the new week on a firm footing and rose to its highest level since […]
NZD / USD rises to new two-year highs near 0.7040
The kiwi is heading for the fourth consecutive weekly gain against the US dollar. NZD / USD remains above 0.7000, reinforcing the bullish momentum. The pair NZD / USD it rose to 0.7038 driven by a weaker US dollar across the board and hit the highest level since June 2018. It then fell back modestly, […]
NZD / USD rises to the highest level since June 2018 around the 0.7030 region
The NZD / USD captures new offers on Friday and is supported by a weaker USD. Optimism over the COVID-19 vaccine weighs on the safe haven USD and benefits the NZD. The overbought conditions on the daily chart warrant some caution for the bulls. The pair NZD / USD is spreading your intraday earnings and […]
NZD / USD remains in the range around 0.7000 amid lack of new catalysts for kiwi
NZD / USD is trading within very tight ranges around 0.7000 amid a quiet forex market due to the Thanksgiving holiday in America. The pair appears content to stabilize near the recent highs as it awaits further macro drivers. The NZD / USD It has been going sideways for most of the session around 0.7000, […]
NZD / USD consolidates weekly gains around the 0.7000 level on a quiet day
The NZD / USD is moving sideways within a very tight range on Thursday. The US Dollar DXY Index recovers above 92.00 after falling to the lowest level since September. The Roy Morgan Consumer Sentiment Index will be released from New Zealand on Friday. The general weakness of the USD allowed the pair NZD / […]
NZD / USD returns above 0.7000 and hits new multi-year highs
The NZD is one of the best performing G10 currencies on Wednesday, with the NZD / USD crossing back above 0.7000 amid a weakening of the USD. End-of-month flows are likely to be a factor helping the NZD, as are recent suggestions for the RBNZ to include house price inflation in its inflation scope. The […]
