The New Zealand Dollar (NZD) is likely to decline. The next support level is at 0.6005. The latter level is likely out of reach for now,...
NZD/USD recovers some intraday losses as the US Dollar remains under pressure due to firm Fed rate-cut bets. Fed Powell recognized the need for more soft...
NZD/USD trades on a softer note around 0.6075 in Tuesday’s early Asian session. New Zealand inflation data is expected to slow more than central bank expects...
NZD/USD gains momentum resuming back above the 20-day SMA. Bulls attempt to maintain control after Thursday’s recovery transitioned the technical outlook towards a slightly bullish sentiment....
NZD/USD gains to near 0.6120 as the US Dollar faces severe selling pressure. The US Dollar declines as Fed rate-cut bets soar. Weak Business NZ PMI...
NZD/USD declined 0.6% after the RBNZ stating that it expects inflation to return to the 1-3% target range in 2H. The RBNZ is also diverging from...
NZD/USD rebounds to 0.6090 in Thursday’s early Asian session. The RBNZ held its policy rate at its July meeting and delivered a less hawkish tone. Fed’s...
AUD/NZD gains momentum around 1.1075 in Wednesday’s Asian session, up 0.63% on the day. The RBNZ maintained the Official Cash Rate (OCR) unchanged at 5.50% at...
The Reserve Bank of New Zealand is expected to keep rates on hold at 5.50% on Wednesday. Upside risks to inflation to offset economic concerns, prompting...
NZD/USD edged higher and closed above the 20 SMA support around 0.6120. With the technical outlook now showing signs of bullishness, the pair tests resistance around...
Chance for the New Zealand Dollar (NZD) to retest the 0.6130 level; the major resistance at 0.6150 is unlikely to come into view. With that said,...
NZD/USD gains ground as US Dollar improves on rising odds of Fed rate cuts in 2024. The US ISM Services PMI dropped to 48.8 in June,...
NZD/USD edged lower under its 200-day moving average (0.6071), BBH analysts note. 35% of firms expect a deterioration in the economic outlook “The NZ Institute of...
NZD/USD draws support from a modest US weakness and a positive risk tone. Fed rate cut uncertainty should limit the USD losses and cap gains for...
NZD/USD rebounds strongly to 0.6100 on an expected decline in the US core PCE Inflation data for May. Annual US core PCE declined to 2.6% from...
The New Zealand Dollar (NZD) is likely to trade sideways between 0.6065 and 0.6115. It may continue to weaken, and the next support level to watch...
Strong momentum is likely to lead to further the New Zealand Dollar (NZD) weakness. NZD is likely to continue to weaken, but the major support at...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
NZD/USD refreshes monthly low near 0.6076 as the Fed’s hawkish remarks strengthen the US Dollar’s appeal. Fed Bowman sees interest rates remaining steady for the entire year....
NZD/USD stays calm as traders adopt caution ahead of key inflation data from both nations. The Kiwi Dollar may appreciate as close trade partner China expressed...