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…
Tag: NZD
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…
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…
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…
Fundamental Analysis: More Losses for NZD on Trade and Rates
The New Zealand dollar has continued its downward movement overall today against most major currencies. Trade wars and ongoing fallout from the cut to the cash rate have affected NZD. Conversely,…
Fundamental Analysis: Slight Gains for the Kiwi Dollar
The New Zealand dollar has strengthened slightly since the end of last week amid slightly better data from New Zealand. Traders are gearing up for a series of crucial releases from…
Fundamental Analysis: Some Gains for NZD on Better Data and Shares
The New Zealand dollar has strengthened somewhat in today’s trading against most major currencies. NZD’s gains come in the wake of much better building data and a continuing upward movement for…
Fundamental Analysis: NZD Jumps on Reserve Bank’s Rate Comments
There was a big shock in currency markets early this morning as the Kiwi dollar posted huge gains against most majors. NZD rose sharply after the Reserve Bank of New Zealand…
Six-Week Highs for NZD after S&P Raises Outlook
The New Zealand dollar is holding on to six-week highs against a range of major currencies so far today in the aftermath of positivity from S&P and a series of strong…
AUDNZD: forex trading is going down under
Australia and New Zealand are two nations known for their stability, but this week the forex currency pair became the focus of traders looking to profit from expected volatility and price…