TAG: NZD/USD
New Zealand dollar rises on strong services data
The New Zealand dollar continues to gain ground and has extended its gains for a fourth straight day. In the North American session, NZD/USD is trading at 0.6149, up 0.44%. Services PMI hits 8-month high New Zealand’s BusinessNZ Performance of Services In...
7 months ago
NZ dollar climbs ahead of RBNZ rate decision
The New Zealand dollar has posted considerable gains on Tuesday. In the North American session, NZD/USD is trading at 0.6065, up 0.54% and its highest level since March 21. RBNZ widely expected to hold cash rate The Reserve Bank of New Zealand meets early...
6 months ago
NZ dollar rises as RBNZ pauses
The New Zealand dollar has extended its gains on Wednesday and is higher for a third straight day. In the North American session, NZD/USD is trading at 0.6074, up 0.24%. RBNZ holds rates, says economy weak There was little drama from the Reserve Bank of N...
6 months ago
NZ dollar slips as manufacturing softens
The New Zealand dollar is down sharply on Friday. In the North American session, NZD/USD is trading at 0.5956, down 0.68%. The US dollar has moved higher against the majors and NZD/USD has declined about 1% this week. NZ manufacturing PMI contracts for 13...
6 months ago
NZ dollar slides to five-month low
The New Zealand dollar has stabilized on Monday after as sharp decline of 1% on Friday. In the European session, NZD/USD is trading at 0.5945, up 0.14%. The New Zealand dollar dropped as low as 0.5927 earlier, its lowest point since November 14. NZ Servic...
6 months ago
NZ dollar slips ahead of New Zealand inflation
The New Zealand dollar is down for a third straight day and has plunged 3.4% in less than a week. In the North American session, NZD/USD is trading at 0.5881, down 0.36%. New Zealand inflation expected to fall to 4.3% New Zealand’s inflation rate has been...
6 months ago
NZ dollar higher as nonfarm payrolls looms
The New Zealand dollar has extended its gains on Friday. NZD/USD is trading at 0.5985, up 0.39% at the time of writing. It has been a roller-coaster ride for the New Zealand dollar, which plunged 1.5% on Tuesday but has since rebounded and fully recovered...
5 months ago
NZD/USD Analysis: New Zealand Official Cash Rate Cut was Anticipated
The NZD/USD has moved lower in the wake of the interest rate cut by the RBNZ which was widely anticipated by financial institutions and now opens the door to more speculation.The NZD/USD exchange rate is near the 0.60166 ratio as of this writing, this mor...
2 months ago
NZD/USD Forecast: Bounces after Sell-Off
The Kiwi dollar in the early hours on Thursday has fallen a bit, but it looks like we're hanging on to this 0.60 level for some type of bounce.At this point, if we can maintain above this level, then I think it makes a certain amount of sense that perhaps...
2 months ago
NZD/USD Forecast: New Zealand Dollar Continues to Stretch Higher
It’s easy to see that the US dollar continues to struggle overall.All things being equal, this is a market that has reached much further to the upside in a very short term movement, and therefore I think it’s likely that we will continue to see gravity ev...
1 month ago
NZD/USD Forecast: Facing Resistance at 0.62 Level
The New Zealand dollar has gone back and forth during the course of the trading session here on Wednesday as we wait for the FOMC meeting minutes.At this point in time, I think we've got a situation where we are approaching a pretty significant resistance...
1 month ago
Weekly Forex Forecast - FTSE 100, USD/CHF, NZD/USD, EUR/USD, Gold, ASX 200, USD/JPY, WTI Crude Oil
FTSE 100The FTSE 100 initially pulled back during the week, but it looks as if we still have plenty of support underneath. The fact that we have turned around to bounce, and it looks like central banks around the world are willing to step in and provide l...
1 month ago
Weekly Forex Forecast - FTSE 100, USD/CHF, NZD/USD, EUR/USD, Gold, ASX 200, USD/JPY, WTI Crude Oil
FTSE 100The FTSE 100 initially pulled back during the week, but it looks as if we still have plenty of support underneath. The fact that we have turned around to bounce, and it looks like central banks around the world are willing to step in and provide l...
1 month ago
NZD/USD Forecast: Aims Higher Amid Bullish Momentum
The New Zealand dollar has shot straight up in the air during the course of the Friday session breaking above the 0.62 level by doing so.This is a market that looks like it wants to go higher, but we are getting a little bit stretched.There is a lot of no...
1 month ago