Forexlive Americas FX news wrap: USD weakest of the majors today after retail sales disappoint
Forex news for North American trading on May 14, 2021 The week is ending with the USD as the weakest of the major currencies today. The NZD was the strongest.
Read More »AUD, NZD on approach to Friday’s high. Markets underpricing?
AUD/USD and NZD/USD are back around their highs from Friday Earlier on Westpac questioned if markets are underpricing the price gains for commodities and in particular iron ore. The AUD…
Read More »New Zealand Dollar Outlook: NZD/USD Looks Past GDP Miss as FOMC Induces Greenback Weakness
The New Zealand Dollar is gaining against the Greenback after a dovish Federal Reserve sank the US Dollar, allowing NZD/USD to largely ignore New Zealand's Q4 GDP miss.
Read More »Australian Dollar Outlook: AUD/USD, AUD/NZD at Key Levels as Trade Data Looms
US equities moved lower as rising Treasury yields were back in focus. Meanwhile, the Australian Dollar faces key levels against the Greenback and New Zealand Dollar ahead of January trade…
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 »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 Crowding Behavior Persist as RSI Diverges with Price
NZD/USD approaches the monthly high (0.6601) despite signs of crowding behavior in the US Dollar, while the RSI appears to be diverging with price.
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