NZD/USD edges lower to 0.5970 amid stronger USD and dovish comments from RBNZ. The US economy grew faster than expected in the fourth quarter (Q4). RBNZ’s...
RBNZ Governor Orr was seen dovish, which seems to be applying pressure to the NZD. GDP and Initial Jobless Claims cushion the USD. Weak Chicago PMI figures...
The New Zealand Dollar weakens in its most traded pairs after weak consumer confidence data. The New Zealand economy suffers from the twin evils of high...
NZD/USD is expected to see more downside due to multiple headwinds. Investors remain uncertain ahead of the US core PCE inflation for February. A breakdown of...
NZD/USD hovers around 0.6000 in Tuesday’s early Asian session. The US February New Home Sales came in at -0.3% MoM vs. 1.7% gain in January, weaker...
NZD/USD gains ground around 0.5995 amid the softer USD. Fed’s Bostic said he expected just one rate cut this year due to persistent inflation and robust...
Indicators flash oversold conditions on the daily chart. Contrarily, hourly chart indicators suggest a slow return of bullish impulse as the bears might have run out...
The New Zealand Dollar is trading lower in most pairs as the country’s economic growth stutters. Bearish technicals, showing a breakout from a price pattern, add...
NZD/USD pair loses ground after mixed PMI data from the United States. US Dollar strengthens despite lower US Treasury yields. New Zealand’s Trade Balance improved to...
NZD/USD could test the psychological support of 0.6100 on Thursday. Technical analysis indicates a bearish momentum for the pair. The area around the 23.6% Fibonacci retracement...
New Zealand’s Gross Domestic Product (GDP) contracted another -0.1% in the fourth quarter, recovering from the previous quarter’s -0.3% but missing the median market forecast of...
NZD/USD falls to 0.6040 as dismal market sentiment dampens the appeal of risky assets. The US Dollar consolidates ahead of the Fed’s policy meeting. The NZ...
The daily RSI shows a rise in selling traction, supported by the MACD depicting growing red bars. The hourly RSI indicates oversold conditions, signaling a potential pullback...
Share: NZD/USD bounces back to 0.6160 as risk sentiment improves. Stubborn US inflation data have dented market expectations for Fed rate cuts in June. The consumer...
Share: NZD/USD regains positive traction on Tuesday and is supported by subdued USD demand. Bets for a June Fed rate cut and a positive risk tone...
Share: NZD/USD weakens near 0.6172 despite the softer USD in Monday’s Asian session. The mixed US February labour market data and dovish remarks from Fed’s Powell...
Share: New Zealand Dollar rises versus the US Dollar following the release of US employment data. US Nonfarm Payrolls rose higher than expected in February, but...
Share: NZD/USD gains ground near 0.6175 in Friday’s early Asian session. US weekly Initial Jobless Claims last week came in at 217K, worse than expected. RBNZ’s...
Share: NZD/USD posts modest gains near 0.6130 in Thursday’s early Asian session. Fed’s Powell said he expects rate cuts later this year, but the number of...
Share: Reserve Bank of New Zealand (RBNZ) Chief Economist Conway is expressing his take on the impact of the US Federal Reserve (Fed) interest rate cuts on...