NZD/USD Bounces on Strong Q3 Jobs Report, China PMI and Fed in Focus
The New Zealand Dollar caught a bid against the US Dollar on a stronger-than-expected New Zealand jobs report after dropping overnight. The Fed interest rate decision and China PMI data…
Read More »New Zealand Dollar at Risk as AMZN, AAPL Earnings Miss. NZD/USD Eyes Resistance
The sentiment-linked New Zealand Dollar gained as the Dow Jones and S&P 500 climbed. But, soft Amazon and Apple earnings risk evaporating NZD/USD’s progress during Asia-Pacific trade.
Read More »NZD/USD Outperforms as RBNZ Rate Bets Tighten, Business PMI Improves
The New Zealand Dollar is receiving strong inflows against the US Dollar as traders price in a more aggressive rate hike path for the RBNZ. Chinese FDI data is slated…
Read More »NZD/USD May Swing on China PMIs, ANZ Business Confidence, US Debt Ceiling
The New Zealand Dollar looks set for a busy day as several economic events approach. Meanwhile, risk trends are in focus as China's energy woes continue and the United States…
Read More »New Zealand Dollar Outlook: NZD/USD Drops on US Dollar Bids, Wall Street Losses
The New Zealand Dollar fell going into Friday's APAC session after risk aversion took hold in the US trading session. Safe-haven US Dollar bids weighed on NZD/USD.
Read More »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…
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