Wed, June 19, 2024

NZD/USD

Australian and New Zealand dollars fell. What about Euro

NZD/USD at 0.6175 Amid Fed Rate Cut Expectations

Quick Look: Current Trade Level: NZD/USD trading at 0.6175 in the early Asian session, reflecting global economic influences. Fed Rate Expectations: Anticipation of Fed rate cuts in September weakens USD, supporting NZD. US Dollar Index: Stays near 104.00 due to potential Fed rate cut; key US economic data awaited. Recent US Economic Data: April JOLTs …

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Wibest – NZD/USD: One hundred New Zealand dollar bills.

RBNZ’s Hawkish Minutes Shift NZD/USD to 0.6080

Quick Look: Hawkish FOMC Meeting Minutes: The FOMC revealed a cautious stance on rate cuts, strengthening the US dollar. NZD/USD Volatility: Following the FOMC release, NZD/USD fell to 0.6080, indicating a significant market reaction. RBNZ’s Monetary Policy: Despite holding rates at 5.5%, RBNZ’s hawkish statement increased the likelihood of a rate hike. On Wednesday, the …

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NZD/USD - NZD USD digital trading chart.

NZD/USD Hits 0.6120: Fluctuations Amid Economic Updates

Quick Look: NZD/USD Trade Levels: Recent trading at 0.6120 with fluctuations between 0.6140 and 0.6070. Economic Data Influence: US inflation at 3.4%, retail sales stagnant; impact of upcoming RBNZ rate decision. Market Predictions: Bullish trend with potential resistance at 0.6180 and support at 0.6080. The New Zealand Dollar (NZD) has recently experienced notable fluctuations against …

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NZD/USD - NZD USD digital trading chart.

NZD/USD Nears 0.6000 Amid Global Economic Shifts

Quick Look: The NZD/USD hovers around 0.6000 during Tuesday’s early Asian session. The US Dollar Index (DXY) is above 104.00, recently retreating from peaks. US PCE data, New Zealand ANZ Business Confidence, and other key reports ahead.  Recent US economic data have painted a picture of an economy experiencing nuanced shifts. February saw new home sales dip …

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NZD/USD - New Zealand dollar bills.

NZD/USD Dips 0.53% Amid Fed Rates & China-NZ Trade

Quick Look NZD/USD declined today, trading around 0.6053, marking a 0.53% drop. The US Dollar Index (DXY) surged to two-week highs, surpassing the 103.80 mark. Market sentiments suggest a 73% probability of a rate cut by the Federal Reserve in July. China and New Zealand are enhancing their free trade agreement. Anticipation builds around the …

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NZD/USD - New Zealand dollar bills.

NZD/USD: 0.6172 Downtrend Amid Economic Signals

Quick Look The NZD/USD is experiencing a slight downtrend, trading near 0.6172 and down by 0.03%. Resistance under 0.6200 is evident as the key barrier remains unbroken. The pair is impacted by mixed influences, including US labour data, Powell’s dovish comments, and China’s CPI. Anticipation is building for upcoming US CPI and Retail Sales data. …

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weekly overview, Southeast Asian stocks ended with gains

Forex Day Trading: NZD/USD and AUD/NZD Analysis

In the fast-paced world of forex trading, where currencies fluctuate in response to various economic factors, the NZD/USD and AUD/NZD pairs have recently displayed notable movements. This article delves into the recent performance of these pairs, highlighting the impact of key events and upcoming economic reports on their exchange rates. From forex day trading strategies …

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Market Charts and Analysis

Daily Market Charts and Analysis August 05, 2021

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDCAD Canada faces geopolitics and economic challenges amidst the pandemic. The manufacturing sector on August 03 posted 56.2 points for July’s PMI report. While the figure is a minor decline from the previous 56.5 …

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Daily Market Charts and Analysis July 10, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDCAD The reports about Canada’s growing government deficit this week has caused the Canadian dollar to slow down significantly against the US dollar. Bullish investors saw an opening following that news and now the …

Daily Market Charts and Analysis July 10, 2020 Read More »