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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 …
Continue Reading about Weekly forex data: claimant count change and the RBNZ →
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 …
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 …
Continue Reading about Fundamental analysis: NZD up on government surplus →
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 …
Continue Reading about Interday technical analysis of NZDUSD →
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 …
Continue Reading about Fundamental Analysis: Kiwi Dollar Stabilizes after Better Data →
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, …
Continue Reading about Fundamental Analysis: More Losses for NZD on Trade and Rates →
