NZD/USD remains under some selling pressure around 0.5880 on Wednesday. The New Zealand Unemployment Rate in Q1 2024 climbed to 4.3% from 4.0% in Q4. Traders will monitor the Fed...
NZD/USD attracts fresh buyers on Monday and advances to over a two-week high. A positive risk tone undermines the Greenback and benefits the risk-sensitive Kiwi. Hawkish...
NZD/USD rises to 0.5960 as US Dollar exhibits a weak footing ahead of US Q1 GDP data. The consensus shows that the US economy expanded by...
NZD/USD extends gains despite the prevailing bearish sentiment for the pair. A break below 0.5900 could lead the pair to test the rebound support level of...
NZD/USD gains positive traction for the third straight day amid a softer USD. Tuesday’s disappointing US PMIs and a positive risk tone undermine the buck. Reduced...
New Zealand’s Trade Balance in NZD terms fell $-9.87 billion through the year ended in March, slightly less than the previous YoY period, which declined $-12.06...
NZD/USD recaptures 0.5900 as the RBNZ is expected to pivot to rate cuts after the Fed. The USD Index moves higher as the strong US economic...
NZD/USD maintains gains despite the bearish sentiment indicated by the technical analysis. Traders might contemplate short positions if the pair breaks below the support area encompassing...
The daily RSI for the NZD/USD reveals growing selling pressure, nearing oversold conditions. The hourly indicators also remain weak. The pair will close a 0.80% losing...
NZD/USD bounces back from 0.5860 as the US Dollar edges down. Investors see the RBNZ beginning to reduce interest rates from November. The Kiwi asset trades...
The RSI on the daily chart lies deep in negative terrain but recovered. The hourly RSI paints a growing buying momentum, trending the positive territory. The...
NZD/USD moves higher to 0.5900 as traders see the RBNZ reducing key interest rates from November. NZ Q1 inflation grew by 0.6% as expected. Fed Powell...
Fed Powell warns about sticky inflation and sends the US Dollar higher. The frail market sentiment on concerns about the Middle East conflict is weighing on...
NZD/USD extends its losing streak as traders adopt cautious stance amid anticipation of Israel’s response to Iran’s assault. US Retail Sales (MoM) rose by 0.7% in...
The daily RSI reveals a negative trend for NZD/USD, suggesting prevalent selling pressure. As the RSI stands near oversold conditions, the daily chart hints at a...
NZD/USD consolidates amid heightened geopolitical tensions after Iranian attack on Israel. Technical analysis suggests a confirmation of a tepid momentum for the pair. The level of...
The daily RSI of the NZD/USD reveals that sellers remain in command with values below 50. The daily MACD shows a slowdown in selling pressure as...
NZD/USD edges lower to 0.5980 after the softer Chinese inflation report on Thursday. Chinese CPI rose 0.1% YoY in March, compared to a 0.7% rise in...
The Reserve Bank of New Zealand is set to hold the interest rate at 5.50% on Wednesday. The language in the policy statement will offer cues...
NZD/USD is stuck in a tight range around 0.6000 as investors are sidelined ahead of the RBNZ policy decision. The market mood turns cautious as robust...