The RBNZ cut rates by 50 bps and the NZDUSD moved lower into MA support and bounced.
IN the Asian Pacific session, the RBNZ cut rates by 50 basis points as expected, triggering a decline in NZDUSD. The pair initially broke below...
Tag : NZDUSD
NZDUSD Technical Analysis – RBNZ’s Orr revises the neutral rate higher
Fundamental Overview The US Dollar this week has been erasing some of the losses experienced last week after the benign US PPI and the Trump’s...
NZD/USD lower after the as expected 50bp rate cut from the Reserve Bank of New Zealand
The Reserve Bank of New Zealand cut its benchmark rate by 50 basis points to 3.75%, see this link for the details comments and forecasts...
FX Watch: NZD/USD and EUR/NZD Areas of Interest for the RBNZ Decision
The possibility of an RBNZ interest rate cut has been priced in for months already, so will we see rallies from profit-taking after the actual...
NZD/USD Forecast Today 17/02: Surges Higher (Chart)
Created on February 17, 2025 During the trading session on Friday, we have seen the New Zealand dollar break much higher. In fact, it is...
RBNZ Set to Continue Easing This Week; NZD/USD Eyeing Resistance
Following the RBNZ cutting its Official Cash Rate (OCR) by 50 basis points (bps) in November 2024, economists and investors expect another bumper 50 bp...
NZDUSD Technical Analysis – We remain stuck in a range
Fundamental Overview The USD got a boost across the board yesterday following the higher than expected US CPI report. The greenback couldn’t extend into new...
NZD/USD Analysis Today 12/02: Faces Choppy Trading (Chart)
Created on February 12, 2025 The NZD/USD experienced a brief run higher early this morning, but has seen selling again dominate the past couple of...
NZDUSD and AUDUSD head into the Asian Pacific session near resistance targets
Both NZDUSD and AUDUSD tested key resistance levels toward the end of the U.S. session. NZDUSD: The pair reached a high of 0.56597, aligning with...
FX Watch: USD/CHF and NZD/USD Ranges in Case U.S. CPI Beats Forecasts
With the Fed taking a less dovish stance in their latest policy decision, will hotter U.S. inflation data further dampen rate cut expectations? Here’s what...