Kiwifruit found support amid risk appetite, but remains within range. NZD / USD with a modest bullish bias, needs to consolidate above 0.6700. The NZD / USD It fell in the early hours of Wednesday approaching 0.6600 but then rebounded, affected by the results of the US elections. Wednesday’s engine is the US dollar, rather […]
Tag: NZDUSD
NZD / USD Still Under Pressure Near 0.6650 Awaiting US Election Results
The NZD / USD is witnessing a sharp turn from the six-week highs amid resurgent demand for the USD. The tighter-than-expected run affects risk appetite sentiment and weighs even more on the NZD. After good price movements in both directions during the Asian session on Wednesday, the NZD / USD pair now appears to have […]
NZD / USD remains near 0.6700 after New Zealand employment report
No surprises from New Zealand employment data. Kiwi remains without significant changes. The focus of operators in the US presidential elections NZD / USD climbed to 0.6711 on New Zealand’s third quarter labor market numbers, but quickly returned below 0.6700. The pair is trading at 0.6690, validating Tuesday’s gains, supported by a weak dollar. The […]
NZD / USD rejected at 0.6715, retraces back to 0.6690
NZD / USD fails to consolidate above 0.6700 and falls back to 0.6690. Kiwifruit continues to be offered in a market with a risk appetite. The NZD / USD could still retreat to the 0.6545 – UOB area. The New Zealand dollar it failed in its first attempt to break the resistance at the 0.6715 […]
NZD / USD rallies again to retest intraday high of 0.6635
NZD / USD rallies from lows of 0.6585 and returns to 0.6635. Kiwifruit makes up lost ground as market sentiment improves. In the long term, the NZD / USD remains sideways between 0.6600 and 0.6700. The New Zealand dollar it is cutting losses against the US dollar on Monday, following a three-day drop to lows […]
NZD / USD advances to new daily highs near 0.6630
NZD / USD is recovering after last week’s drop. The market’s risk appetite appears to be helping the NZD find demand. Manufacturing PMI data will be included in the US economic agenda. The pair NZD / USD It lost nearly 70 pips last week and was relatively quiet near 0.6600 during Asian trading hours on […]
NZD / USD reversal from 0.6720 extends to 0.6630 area
NZD / USD retreats from five-week highs at 0.6720 to lows at 0.6630. Kiwifruit trim gains as market sentiment deteriorates. COVID-19 and the US elections are curbing risk appetite. The New Zealand dollar is undergoing a sharp reversal on Wednesday. The pair has pulled back from the five-week highs at 0.6720 to hit session lows […]
NZD / USD falls from 5-day lows to 0.6650 on dollar advance
The NZD / USD went from trading highs in one month to lows in five days in hours. The dollar appreciates throughout the market in a climate of risk aversion. Fears about the advance of coronarivus cases in various regions of the world, with the epicenter in Europe, triggered a stock market crash pushing NZD […]
NZD / USD resumes its uptrend to hit one-month highs at 0.6725
NZD / USD bounces off 0.6670 to hit new monthly highs at 0.6720. The kiwi resumes its uptrend as the USD loses momentum. NZD / USD: The break of 0-6720 could accelerate the uptrend – UOB. The New Zealand dollar it recovered on Tuesday, after a slight pullback on Monday. The kiwi bounced from the […]
NZD / USD rises to new multi-week highs, picks up 0.6700 and above
A softer tone around the USD helped the NZD / USD continue to gain ground on Tuesday. The uncertain political environment in the United States was seen as a key factor weighing on the dollar. Nervousness over the coronavirus could provide some support for the dollar as a safe haven and limit the pair’s gains. […]
