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China announces more stimulus details but no word on size of package Attention turns to week’s other events as stocks unimpressed Euro and pound flat as ECB decision and UK CPI awaited China...
The New Zealand dollar is sharply lower on Wednesday. NZD/USD is trading at 0.6079 in the European session, down 0.96% on the day. RBNZ Slashes Rates to 4.75% The Reserve Bank of New Zealand lowered...
The NZD/USD pair has dropped to a seven-week low, touching 0.6091, as the sell-off that started on 1 October continues to intensify. The New Zealand dollar's weakness is largely attributed to the...
NZD/USD continues the bearish correction Technical oscillators are mixed NZD/USD plunged significantly after the RBNZ’s decision to cut interest rates by 50 bps. The pair remained closed to the...
The RBNZ cut New Zealand’s cash rate by 50bps to 4.75% in October Markets were priced for 44bps of easing, with 89 expected over the remainder of 2024 Markets now deem a follow-up 50 in November as...
The NZD/USD pair continues its downward trend, dropping to 0.6240 in its third consecutive session of declines. This ongoing sell-off in the New Zealand dollar is driven by market expectations of an...
NZD/USD pulls back from its 15-month top Stochastic tumbles to oversold region RSI falls near 50 level NZD/USD lost more than 2% following the pullback from the 15-month high of 0.6380, flirting...
The AUD/USD is testing for the 3rd consecutive day the long-term symmetrical triangle’s T/L resistance at 0.6885. A break above it confirms the move that the Kiwi has already done and opens a lot...
The New Zealand dollar has started the new trading week with strong gains. NZD/USD is up 0.55% today, trading at 0.6191 in the European session at the time of writing. NZ Services PMI Improves New...
The New Zealand dollar is slightly lower on Friday after sharp gains a day earlier. NZD/USD is trading at 0.6163 at the time of writing, down 0.27% on the day. On Thursday, the New Zealand dollar...
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