The NZD/USD exchange rate moved sideways on Wednesday morning after the first RBNZ meeting of the year. Kiwi was trading at 62 cents against the US dollar, a few points above last week’s low of 0.6193...
Tag: NZDUSD
NZD/USD forms a double-top ahead of RBNZ decision
The NZD/USD exchange rate drifted downwards to the lowest level since January 6 after Cyclone Gabrielle and ahead of the upcoming RBNZ interest rate decision. It plunged to an intraday low of 0.6200, ...
NZD/USD forecast ahead of the RBNZ decision
The NZD/USD exchange rate moved sideways on Monday as investors wait for the upcoming interest rate decision by the Reserve Bank of New Zealand (RBNZ). It retreated to a low of 0.6113, which was sligh...
NZD/USD forecast as the RBNZ prepares another rate hike
The NZD/USD price pulled back on Tuesday as investors wait for the upcoming interest rate decision by the Reserve Bank of New Zealand (RBNZ). The pair dropped to a low of 0.6327, which was lower than ...
NZD/USD Forex Technical Analysis – Some Questioning RBNZ Rate Hike Expectations
The New Zealand Dollar is edging higher on Monday on well-below average volume. Despite the rebound from near-two year lows reached last week, the currency remains at risk due to worries over a global...
NZD/USD forecast as the RNBZ gears for more hikes
The NZD/USD price continued grinding on Wednesday after the latest interest rate decision by the Reserve Bank of New Zealand (RBNZ). The pair rose to a multi-week high of 0.6510, which was about 4.70%...
NZD/USD price prediction ahead of the RBNZ May meeting
This week, the only central bank to release its monetary policy is the Bank of New Zealand (RBNZ). Traders expect the central bank to raise the Official Cash Rate (OCR) again after lifting it to 1.5% ...
NZD/USD Testing Long-Term Retracement Zone at .6467 to .6231
The growth-sensitive New Zealand Dollar hit a 22-month low against the U.S. Dollar in Monday’s early trade as demand for higher risk, higher-yielding assets continued to slide on the heels of a more t...
NZD/USD forecast as it forms an inverted head and shoulders pattern
The NZD/USD pair rose to the highest level since November 24th after the positive New Zealand trade numbers. It is trading at 0.6900, which is about 5.60% above the lowest level this year. New Zealan...
NZD/USD forecast as RBNZ kicks off quantitative tightening
The NZD/USD pair rose slightly on Wednesday morning after the Reserve Bank of New Zealand (RBNZ) delivered its interest rate decision. It is trading at 0.6761, which is the highest it has been since J...
NZD/USD forecast as New Zealand retail sales jump
The NZD/USD price retreated slightly even after the latest American consumer inflation and strong New Zealand retail sales numbers. The pair is trading at 0.6650, which is about 1.10% below the highes...
NZD/USD forecast after strong New Zealand trade data
The NZD/USD price declined slightly on Tuesday after the latest strong New Zealand trade numbers. The pair dropped to a low of 0.6570, which was about 4.60% below the highest level this year. This pri...
NZD/USD forms bearish flag pattern as NZ retail sales jump
The NZD/USD pair tilted upwards after the latest New Zealand retail sales data. It is trading at 0.6780, which was slightly above Tuesday’s low of 0.6755. It is still about 9% below the highest level ...