NZDUSD=X - NZD/USD
| Previous close | 0.619 |
| Open | 0.619 |
| Bid | 0.619 |
| Day's range | 0.618 - 0.62 |
| 52-week range | 0.5479 - 0.6790 |
| Ask | 0.618 |
- FX Empire
Risk ON Mode As Its Finest. S&P 500, EUR/PLN, NZD/USD Markets Analysis
Traders are extremely optimistic; bears have to abandon their negative view and buyers are enjoying still relatively discounted stocks. Is it exaggerated?
- FX Empire
The ECB and Brussels Put the EUR in Focus as Geopolitics Tests Risk Sentiment
As market jitters over the U.S and China resurface, the ECB and the EU Commission will be in focus later this morning…
- FX Empire
NZD/USD Forex Technical Analysis – Trading on Bullish Side of Major Retracement Zone at .6074 – .5958
The early tone of the NZD/USD on Wednesday is likely to be determined by trader reaction to Tuesday’s high at .6229.
- FX Empire
Who Needs China? Optimism and Hope Continue to Drive Riskier Assets Northwards
The markets continue to move northwards. Who needs geopolitical risk, when you have hope? The big question must be whether it can continue…
- FX Empire
AUD/USD and NZD/USD Fundamental Daily Forecast – Surging as China Pushes for More Stimulus, Lower Rates
The Aussie and Kiwi should be underpinned throughout the session on Tuesday as long as investors remain focused on the global economic recovery.
- FX Empire
Economic Data Puts the EUR and the Greenback in Focus as Risk Appetite Builds
It’s “risk-on” this morning as the markets continue to brush aside U.S – China tensions. Economic data later in the day will garner some attention, however.
- FX Empire
EUR/USD, NZD/USD and USD/CHF Still Waiting for a Proper Signal
Today is Memorial Day in US and Spring Bank Holiday in UK which means the markets should be relatively quiet and we shouldn’t expect any rapid movements.
- FX Empire
Economic Data Puts the EUR in Focus, with Geopolitics and COVID-19 to also Influence
Economic data puts the EUR in focus, while geopolitics and COVID-19 news and numbers will also influence on the day.
- FX Empire
AUD/USD and NZD/USD Fundamental Weekly Forecast – Risk Sentiment Controlling the Price Action
There’s not much anyone can do with the economic data until the virus is contained and the stimulus money starts to circulate through the economy.
- FX Empire
Retail Sales Put the Loonie and the Pound in Focus, as Geopolitical Risk Lingers
Retail sales figures will give the Pound and the Loonie direction, with the ECB minutes also in focus. Trump’s Twitter account could be the key driver, however.
- FX Empire
Private Sector PMIs and Jobless Claims Put the EUR, GBP, and USD in Focus
Private sector PMIs and U.S jobless claims put the EUR, the Pound, and the Greenback in the spotlight. Numbers out of Japan were not inspiring…
- FX Empire
AUD/USD and NZD/USD Fundamental Daily Forecast – Weak Aussie Retail Sales Highlights Need for More Stimulus
NAB’s cashless retail sales index, which measures debit card, credit card and other cashless spending on NAB platforms, fell 5.3% in April.
- FX Empire
Economic Data, the FOMC Minutes and COVID-19 News to Keep the Markets Busy
It’s a busy day ahead. The FOMC minutes late in the day will draw plenty of attention as market optimism of an economic rebound lingers.
- FX Empire
Geopolitics and Economic Data Puts the GBP, EUR, and the USD in the Spotlight
It’s a busy day ahead on the economic calendar. There is also geopolitics to consider with over the course of the day.
- FX Empire
AUD/USD and NZD/USD Fundamental Weekly Forecast – Grim Economic Outlook to Weigh on Prices
The Kiwi is expected to remain under pressure after the RBNZ expanded its asset purchase program and discussed negative interest rates.
- FX Empire
Lower COVID-19 Numbers, Easing Lockdown Measures and OPEC Support Riskier Assets
Oil prices are on the rise and COVID-19 numbers are on the decline as governments ease lockdown measures. it’s “risk-on” early in the day.
- FX Empire
AUD/USD and NZD/USD Fundamental Daily Forecast – Pressured by Renewed US-China Tensions
Data on Friday showed China’s April industrial output beating expectations but consumption was stuck in the doldrums.
- FX Empire
Geopolitics and Economic Data Put the EUR and the U.S Dollar in Focus
Economic data from the Asian session was skewed to the negative ahead of some key stats out of the Eurozone and the U.S. Expect geopolitics to also play a hand…
- FX Empire
The Mid-Week Market Themes: Oil Prices, Powell, Sterling Woes, COVID-19, and Geopolitics in Focus
It’s been a busy week thus far, with Powell adding to the risk aversion mid-week. COVID-19 jitters are likely to persist as the tension between China and the U.S lingers
- FX Empire
Will Powell have any more Luck Pushing against Negative Rate Expectations in the US?
Another late sell-off in US shares, this one perhaps related to the sobering assessment by the leading medical adviser for the Trump Administration about the risks of opening too early, failed to deter investors in the Asia Pacific region. Although Japanese shares slipped, most other markets rose.
- FX Empire
The RBNZ Sinks the Kiwi Dollar as the Focus Shifts to the GBP and GDP Numbers
The economic calendar puts the Pound front and center, though there is the rising concern of a 2nd wave of the COVID-19 pandemic to consider…
- FX Empire
NZD/USD Forex Technical Analysis – Momentum Could Be Shifting to Downside
Based on the early price action and the current price at .6084, the direction of the NZD/USD the rest of the session on Tuesday is likely to be determined by trader reaction to the main Fibonacci level at .6074 and the short-term 50% level at .6043.
- FX Empire
The Greenback Finds early Support. Economic Data to Play 2nd Fiddle to COVID-19 News
As China and South Korea report a rise in new cases, will other governments need to tread more carefully? Risk aversion hits the markets early…
- FX Empire
AUD/USD and NZD/USD Fundamental Weekly Forecast – Will RBNZ Policymakers Discuss Negative Rates?
The Reserve Bank of New Zealand (RBNZ) is expected to leave its benchmark rate at 0.25%. Out of Australia, the Employment Change is expected to show 550K jobs were lost last month. The Unemployment Rate is forecast to rise from 5.2% to 8.3%.
- FX Empire
NZD/USD Forex Technical Analysis – Could Accelerate to Upside Over .6176
Base on the recent price action, we’re looking for the upside bias to continue as long as the NZD/USD holds above the main Fibonacci level at .6074.
