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.
Read More »New Zealand Dollar Outlook: NZD/USD Nears Fresh Highs on Q3 GDP Beat
The New Zealand Dollar continues near fresh multi-year highs following a record breaking third-quarter GDP print. Asia-Pacific trading now focuses on the upcoming Australian jobs report.
Read More »NZD/USD steady above 0.6650, bounces back to 0.6680 area 0.6680
New Zealand dollar’s bearish reversal from one-month highs above 0.6700 seen on the early US session found support at 0.6650 area and the pair picked
Read More »NZD/USD Price Analysis: Bears wait for confirmation of the downside
NZD/USD has been in rising across a short-term trendline support in an otherwise bearish longer-term environment. Bears are patiently waiting for a pr
Read More »NZD/USD Weakness to Abate as RSI Breaks Out of Downward Trend
Recent developments in the RSI indicate a larger recovery for NZD/USD as the oscillator breaks out of the downward trend established in September.
Read More »NZD/USD Forecast: Bearish Price Sequence Brings August Low on Radar
NZD/USD appears to be on track to test the August low (0.6489) as it extends the series of lower highs and lows from earlier this week.
Read More »NZD/USD Outlook: Tilt in Retail Sentiment Persists Ahead of FOMC
The crowding behavior in NZD/USD persist ahead of the Fed rate decision even though the central bank prepares to release the updated Summary of Economic Projections (SEP).
Read More »NZD/USD Rate Remains Under Pressure as RBNZ Prepares Stimulus Package
Recent remarks from the RBNZ appear to be dragging on NZD/USD as the central bank is “actively preparing a package of additional monetary policy tools.”
Read More »NZD/USD Pulls Back from 2020 High as RBNZ Outlines Future Policy Tools
NZD/USD pulls back from a fresh yearly high (0.6789) as RBNZ Governor Adrian Orr provides an overview of the “additional tools that we are considering.”
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