NZD/USD slides towards weekly low near 0.6200 amid six-day downtrend on mixed clues
NZD/USD remains on the back foot at the intraday low of 0.6225 while reversing late Thursday’s corrective bounce off the weekly low amid the early Asi
Read More »AUD/USD Price Analysis: Bears appear well-set to approach 0.6540 support
AUD/USD bears keep the reins at a four-month low, making rounds to 0.6580-90 during early Wednesday, following the biggest daily slump in a month. Tha
Read More »NZD/USD skids below 0.6620 on progressive rate hike expectations by the Fed
The NZD/USD pair has slipped below last week’s low at 0.6626 after carry-forwarding the weakness observed on Friday. The asset has recorded a sheer do
Read More »Australian December private sector credit +0.8% vs +0.9% prior
Private sector credit up 0.8% Housing sector credit +0.7% vs +0.7% prior AUD/USD is up 12 pips on the day to 0.6998 but this report isn’t a factor. I nthe…
Read More »Australian dollar marked up following the strong employment report
Data post is here, a good solid report following yeterday’s wages info: in the year since December 19th 2020 payroll wages rose 9% AUD/USD:
Read More »NZD/USD Price Analysis: Sellers attack 100-SMA inside familiar trading range
NZD/USD remains pressured around daily low, keeping the previous day’s bearish bias. That said, the kiwi pair edges lower to 0.6790 during Thursday’s
Read More »NZD/USD May Rise on Upbeat Card Spending Data, Broader Sentiment
NZD/USD rose alongside US stocks as market sentiment brightened overnight. The Kiwi economy saw upbeat card spending data for October cross the wires this morning.
Read More »NZD – ANZ have lifted their milk price forecast to $8.20/kg MS (from $7.70)
ANZ have revised their farmgate milk price forecast for the 2021-22 season by 50c to $8.20/kg MS From ANZ’s report (in brief): NZD update: Earlier re NZD:
Read More »AUD/USD Price Analysis: Further downside hinges on 0.7220 breakdown
After declining the most in over two months the previous day, AUD/USD licks its wounds around 0.7255, up 0.05% intraday, amid Wednesday’s Asian sessio
Read More »New Zealand Dollar Forecast: NZD/USD May Climb Despite Rising Treasury Yields
Wall Street moved lower on Thursday as rising Treasury yields pressured equity prices. Still, the risk-sensitive New Zealand Dollar appears poised for gains with a bullish technical picture.
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