The euro’s decline against the Kiwi dollar has continued this week although at a slower pace as sentiment in markets remains generally positive and ‘risk on’ is holding for now. Key data from both New …
Weekly forex data: claimant count change and the RBNZ
Joe Biden’s victory in last week’s presidential election in the USA has brought ‘risk on’ back to the fore for most instruments, with many shares and most emerging currencies having made strong gains …
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Technical analysis of NZDUSD
We can clearly see the loss of momentum downward on the four-hour chart of the New Zealand (Kiwi) dollar against the US dollar (NZDUSD). The sustained period of losses appears to have come to an end …
Fundamental analysis: NZD up on government surplus
The New Zealand dollar has made gains against most major currencies so far today. These came as the country’s government reported a budget surplus of around NZ$7.5 billion this morning. The Kiwi …
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Interday technical analysis of NZDUSD
Looking at the four-hour timeframe of the Kiwi dollar against the US dollar (NZDUSD), no overall trend is clear. Volatility has been fairly high over the past couple of weeks. The most important area …
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Fundamental Analysis: Kiwi Dollar Stabilizes after Better Data
New Zealand’s beleaguered dollar moved up slightly today against various major currencies. One of the main drivers was an improvement in Services NZ PSI this morning. Kiwi shares also held close to …
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