New Zealand Dollar Forecast: NZD/USD May Fall After Weak Economic Data
The New Zealand Dollar may see some weakness versus the US Dollar after data showed that electronic card spending fell in New Zealand last month as Covid lockdowns hit consumption.
Read More »New Zealand Dollar Forecast: NZD/USD Balancing Covid Risks as RBNZ Approaches
The New Zealand Dollar is off to an upbeat start against the US Dollar after a down week. Rising Covid cases in Australia and the RBNZ meeting later this week…
Read More »New Zealand Dollar Forecast: Improved Trade Balance, Westpac OCR Update to Lift NZD?
New Zealand reported positive trade data for May as the New Zealand Dollar gained against the US Dollar following a technical victory overnight.
Read More »New Zealand Dollar Forecast: Upbeat GDP Revives NZD/USD After FOMC Drop
The New Zealand Dollar rebounded on upbeat gross domestic product (GDP) figures following a sharp turn lower from FOMC-induced Greenback strength.
Read More »NZD/USD May Lift on Travel Bubble but Technical Signal Shows Short-term Pullback
The New Zealand Dollar is moving lower within a Falling Wedge pattern against the US Dollar. A travel bubble between New Zealand and Australia may help bolster the two neighboring…
Read More »NZD/USD Selloff May Continue as Vaccine Rollout Issues, Geopolitical Risks Rise
NZD/USD may continue to push lower as vaccine rollout issues continue to stress market sentiment. US equities fell after strong Treasury auction demand pushed yields lower.
Read More »NZD/USD, NZD/JPY React as Soaring Treasury Yields Skew Market Risk Profile
A bloodshed day across Wall Street may spill over into APAC equities as sovereign government bond yields track Treasury rates higher. NZD/USD and NZD/JPY may see some relief and move…
Read More »NZD/USD Price Analysis: Bulls reload ahead of RBNZ
The following is an analysis of the hourly time frame and price structure ahead of the Reserve Bank of New Zealand event at 01:00 GMT. When is the RBN
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.
Read More »New Zealand Dollar Analysis: NZD/USD Weakens on Broader Risk Aversion
The risk-sensitive New Zealand Dollar fell against the Greenback as traders digested a worsening situation around new Covid restrictions in Europe.
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