New Zealand dollar

Risk rally on Wall Street points APAC markets higher after BoE intervention; New Zealand data on tap after NZD outperforms during EU/US trading and US dollar pullback touches trendline. Does DXY have more downside left?

2022-09-29T01:34:08+0100

APAC sentiment to benefit from Wall Street recovery and easing China lockdowns and NZD/USD is rising, but the technical outlook remains bearish after steep losses.

2022-09-15T05:17:46+0100

New Zealand dollar sinks in worst day since March 2020; the US CPI report beat may lead to a more hawkish Fed and retail traders boost NZD/USD long bets, a bearish signal.

2022-09-14T06:16:46+0100

Asia-Pacific stocks aimed lower after a downbeat trading session in New York and Chinese manufacturing PMI may reverse sentiment if the data surprises to the upside.

2022-08-31T06:08:54+0100

Asia-Pacific markets may see a quiet trading session as traders prepare for Jackson Hole; New Zealand’s second-quarter retail sales fell on a quarterly and annual basis and NZD/USD trades below its 50-day SMA.

2022-08-25T02:24:27+0100

New Zealand dollar rises after RBNZ hikes OCR by 50 basis points; the updated monetary policy statement (MPS) shows a steeper rate-hiking path and NZD/USD rises nearly half a percent following hawkish OCR projection.

2022-08-17T05:08:04+0100

Market sentiment improved overnight, boosting NZD against a broadly weaker US dollar and oil prices fell after US inventory data improved and OPEC announced a production hike.

2022-08-04T02:43:21+0100

Market sentiment swings as FOMC and other high-impact events near; Australian inflation data may see AUD rally if it supports RBA rate hikes and NZD/USD may fall after multiple failed attempts to clear Fibonacci level.

2022-07-27T02:39:24+0100