AUD/NZD Aims Higher with Chinese Economic Data in Focus
Treasury yields fell after strong auction demand on the 30-year bond as Wall Street moved higher. Meanwhile, AUD/NZD may be poised for further upside with bullish technical signals on the…
Read More »AUD/NZD Bounces but Incoming Death Cross May Keep Outlook Bearish
AUD/NZD saw bullish inflows following a small lift in sentiment. However, an incoming long-term bearish signal may doom the cross if the current downward path holds. Traders will look at…
Read More »Australian Dollar Forecast: AUD/NZD May Rise on Positive Hong Kong GDP
Wall Street ended lower on the day as rising U.S. Covid cases pinged sentiment. Still, Asian economic data may boost risk appetite and propel AUD/NZD higher despite bullish New Zealand…
Read More »Russell 2000 Index May Continue to Rise on Rotation Trade, AUD/NZD Eyes RBNZ
Investors in the U.S. equity market continued to rotate out of tech as the 10-year Treasury yield climbed to its highest level since March. Meanwhile, the RBNZ rate decision is…
Read More »AUD/NZD Price Analysis: Bulls come back with a vengeance
AUD/NZD has rallied after an impressive Aussie jobs report, superseding any positives from a beat in the New Zealand Gross Domestic Product report ear
Read More »New Zealand Dollar Outlook: AUD/NZD, NZD/USD, NZD/JPY Levels to Watch
The New Zealand Dollar may extend declines as NZD/JPY and NZD/USD rates eye fresh monthly lows. AUD/NZD carving out possible Bull Flag continuation pattern.
Read More »RBA vs. RBNZ – AUD/NZD being driven by divergent policy.
The big difference between these two neighbouring central banks are their respective views on negative rates. – The RBNZ have all but confirmed they are coming soon (APril 2021 is…
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