Data deluge
Overnight Headlines *USD ended the day modestly lower, closing at 92.62 *US stocks retreated from record highs amid mixed data *Oil prices backed off four-week highs, OPEC+ meeting today *Australian…
Read More »725k median NFP print expected
Overnight Headlines *USD extended losses as possible sub-par NFP looms *US stocks rose but tech underperformed *Oil prices rebounded to near one-month highs USD continues to struggle, down nine days…
Read More »Markets drift ahead of NFP
Overnight Headlines *USD closed lower again near one-month lows *US stocks were mixed to kick off the month *Oil prices little changed after OPEC+ ratified output hike USD started September…
Read More »Market Update – August 10 – Qualm gains in the market
Market News Today – Treasuries have been supported and bond as well as stock markets have traded cautiously mixed across the Asia Pacific region. Another stellar jobs report and hawkish…
Read More »NZD/USD Braces for Q2 Jobs Data After Chinese PMI Slowdown Weighs on Sentiment
The New Zealand Dollar lost early-week upside momentum after a concerning slowdown in China’s manufacturing growth. NZD/USD is turning its attention to New Zealand’s upcoming Q2 jobs data.
Read More »New Zealand Dollar Outlook: NZD/USD, AUD/NZD React to Covid Risks, RBNZ Policy Bets
The New Zealand Dollar weakened against the US Dollar and Australian Dollar overnight as growth-related fears, driven by Covid, impacted economic prospects, RBNZ policy bets.
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: Covid Resurgence Puts Sentiment to Test
The New Zealand Dollar is trading largely unchanged as traders evaluate the growing risks posed by the quickly spreading Delta Covid variant.
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.
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