NZD/USD Remains Under Pressure as Oil Prices, Fed Expectations and Political Risks Weigh
NZD/USD is trading near 0.5880 on Tuesday, little changed overall and down around 0.03% on the day. The New Zealand Dollar remains vulnerable as the…
Posts Tagged: NZD/USD
New Zealand Dollar Slips as Safe-Haven US Dollar Strength Offsets RBNZ Tightening Expectations
The New Zealand Dollar (NZD) weakened against the US Dollar (USD) on Thursday, with the NZD/USD pair trading around 0.5880, down approximately 0.10% on the…
NZD/USD Ascending Channel Correction to .5850?
NZDUSD has been climbing within an ascending trend channel, with higher lows connected by a rising trend line that’s been holding since late June.
NZD/USD Slips Toward 0.5860 as Weak Chinese Data and Stronger US Dollar Weigh on Kiwi
The NZD/USD pair traded around 0.5860 on Friday, declining roughly 0.33% as renewed weakness in China’s economic activity weighed on the New Zealand Dollar. The…
NZD/USD Holds Near 0.5770 as Strong US Dollar and Fed Caution Weigh on Kiwi
The NZD/USD currency pair traded near 0.5770 on Tuesday, edging slightly lower as the US Dollar maintained its strength amid ongoing geopolitical uncertainty and cautious…
NZD/USD Declines Despite Strong New Zealand Inflation as Safe-Haven Dollar Gains Momentum
The New Zealand Dollar weakened against the US Dollar on Wednesday, with NZD/USD trading near 0.5815, down around 0.16% on the day. Although New Zealand…
NZD/USD Ongoing Correction to .5800 Area of Interest
NZDUSD has broken above the descending trend line that had been guiding the pair lower since early June, with price rallying sharply off the .5637 low and testing the 38.2% Fibonacci retracement at .5776.
NZD/USD Surges as Hawkish RBNZ Rate Hike and Softer US Dollar Drive Rally
NZD/USD climbed nearly 1% on Thursday, extending its advance for a second consecutive session after the Reserve Bank of New Zealand (RBNZ) delivered a hawkish…