Summary

NZDUSD=X - NZD/USD

CCY - CCY Delayed price. Currency in USD

0.681

+0.006 (+0.899%)

At close: 10:30PM BST

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Previous close	0.675
Open	0.675
Bid	0.681

Day's range	0.672 - 0.682
52-week range	0.6690 - 0.7559
Ask	0.681

FX Empire22 hours ago
Inflation and Retail Sales Put the Loonie in the Spotlight
While the Loonie is on for a move later today, with inflation and retail sales figures expected to support a more hawkish BoC, trade war jitters will continue to grab the headlines, with stats elsewhere on the lighter side through the day.
FX Empire2 days ago
AUD/USD and NZD/USD Fundamental Daily Forecast – Despite Solid Employment Data, RBA Not Likely to Alter Dovish Tone
The AUD/USD is being underpinned early Thursday because at face value, today’s strong employment data is very good news. However, there are still some sticking points in the economy, namely a high level of underutilized workers and low wages. With unemployment and underemployment still comparatively high, it continues to weigh on wage pressures despite strong unemployment growth.
FX Empire3 days ago
AUD/USD and NZD/USD Fundamental Daily Forecast – Hawkish Outlook for U.S. Rates Favoring U.S. Dollar
With the divergence in monetary policies between the Fed and the Australian and New Zealand central banks favoring the U.S. Dollar, traders are likely to continue to press the Aussie and Kiwi lower. Furthermore, any short-covering rallies are likely to be met by renewed selling pressure.
FX Empire3 days ago
UK Inflation to Drive the GBP, with Trump and Powell to Direct the USD
Upward momentum in the Dollar resumed following Powell’s testimony on Tuesday, with today’s testimony and noise from the Oval Office likely to influence, with inflation numbers out of the UK to hit the Pound.
FX Empire4 days ago
Technical Outlook For EURUSD, GBPUSD, NZDUSD & USDCHF: 17.07.2018
Should prices manage to defy the triangle pattern by conquering 1.1770 resistance, the 1.1835-40 horizontal-region may gain buyers’ attention. GBPUSD is another major which recently bounced off the support and is currently rising to confront near-term important resistance. Herein, the 1.3090-1.3100 is crucial support whereas two-month old descending trend-line at 1.3310 acts as resistance.
FX Empire4 days ago
Three proper inverse head and shoulders patterns!
Today, we do have three interesting occasions with one pattern – inverse head and shoulders. The thing is, that this signal is very close to being denied as we are falling below the neckline again. The second pattern can be seen on the Cable but here, we are still below the neckline so the trading signal has not been triggered yet.
FX Empire4 days ago
Global Stocks Mixed, Us Dollar Slips Ahead of Fed Chair Powell Testimony
The NY trading session will see the Fed Chair Powell’s testimony to Congress. Investors will be looking to see if the Fed Chair maintains his hawkish views on the economy.
FX Empire4 days ago
NZD/USD Bullish SHS Pattern Hints Bullish Continuation
The NZD/USD has formed an inverted Head and Shoulders pattern, and we can see a breakout above the neckline (blue). 0.6790-0.6805 is the POC zone, and the price could bounce from the zone on another retest. However, a break above 0.6839 might initiate a new bullish move towards 0.6900. As long as the pair is above 0.6729, bulls should be safe.
FX Empire4 days ago
UK Stats and FED Chair Powell Put the GBP and USD into Focus
Key stats out of the UK over the next few days could reinforce an August rate hike by the BoE, while FED Chair Powell may need to elaborate on possible effects of the trade war in the economy and policy.
FX Empire4 days ago
Netflix Miss Pressures Tech Stocks in After-Market Trade, NZ CPI Lower-than-Forecast
The cash stock market is expected to see big losses on the opening on Tuesday because it was closed when Netflix made the announcement that drove futures contracts sharply lower before Monday’s close. U.S. Core Retail Sales posted an impressive 0.5% gain, beating the 0.4% estimate. New Zealand’s consumer price index rose by 0.4% in the June quarter, below the 0.5% increase expected by the financial markets.
FX Empire5 days ago
New Zealand Dollar Slightly Higher as Inflation Expected to Remain Steady
New Zealand will be releasing its quarterly CPI later tonight. Forecasts point to a 0.5% increase in inflation during the second quarter. The New Zealand Dollar gained 0.07% on Monday morning, trading at 0.6772.
FX Empire5 days ago
Trump and U.S Retail Sales Puts the USD in the Spotlight
Softer economic growth in China weighed on risk appetite early in the day, with the U.S – Russia Summit, trade tariff chatter and U.S retail sales figures in focus through the day.
FX Empire5 days ago
AUD/USD and NZD/USD Fundamental Daily Forecast – Trading Slightly Better Ahead of Slew of Chinese Economic Data
Look for the return of volatility at 0200 GMT when China releases its economic reports. GDP is expected to come in at 6.7%, down slightly from 6.8%. Fixed Asset Investment is expected to come in at 6.0%, down slightly from 6.1%. Industrial Production is estimated to have risen 6.5%, down from 6.8%. Retail Sales are expected to come in at 8.8%, up from 8.5%. Last month’s Unemployment Rate was 4.8%.
FX Empire6 days ago
AUD/USD and NZD/USD Fundamental Weekly Forecast – Will Trade Dispute Escalate in Reaction to Record China Trade Surplus?
This week’s price action is likely to be tied to risk appetite, trade tensions, domestic data and Fed Chairman Powell’s testimony before Congress.
FX Empire6 days ago
Dollar Boosted by Robust Inflation Reports, Pressured by Consumer Confidence Weakness
There were no other major releases last week so the price action in the Australian Dollar, New Zealand Dollar and Japanese Yen was primarily influenced by the U.S. producer and consumer inflation data as well as the consumer confidence report. Traders reacted to these reports because they could help influence the Fed’s interest rate decisions later this year.
FX Empire8 days ago
Will China’s Trade Data Catch Trump’s Eye?
While risk appetite returns to the markets, the Dollar looks to have found its some upside in the early part of the day, though it could all change should sentiment towards trade tariffs take another turn.
FX Empire9 days ago
U.S Inflation Figures and ECB Minutes to Drive the USD and the EUR
The risk tap opened this morning, providing much needed support for the Asian equity markets and the commodity currencies, with focus now shifting to the release of the ECB policy meeting minutes and U.S inflation figures.
FX Empire9 days ago
AUD/USD and NZD/USD Fundamental Daily Forecast – Trade Tensions, US Consumer Inflation Data Could Weigh on Aussie, Kiwi
We could see a repeat of Wednesday’s trade if today’s U.S. consumer inflation report comes in strong enough to support the Fed’s plans to raise interest rates in September and December. A steady to stronger-than-expected report should drive Treasury yields higher, which should make the U.S. Dollar a more attractive investment.
FX Empire9 days ago
Technical Checks For EUR/USD, GBP/USD, USD/JPY & NZD/USD: 11.07.2018
Inability to sustain the break of nearly two-month old descending trend-line seems dragging EURUSD towards 1.1680 re-test, clearing which the 1.1600 and the 1.1540 are likely following numbers to appear on the chart. Alternatively, the 1.1730-40 region, comprising 50-day SMA & aforementioned TL, could keep restricting the pair’s near-term upside, which if broken might trigger its recovery targeting the 1.1840 and the 1.1935-40 resistances. Alike EURUSD, the GBPUSD also couldn’t surpass adjacent trend-line, needless to mention about 50-day SMA.
FX Empire10 days ago
As expected, NZD goes down. Nice clean trade on the CADCHF
We start with a nice, clean, technical setup on the CADCHF. The price bounced from the 38,2% Fibonacci and broke the lower line of the bullish correction. That would be a great sell only if not the BoC later today. Movements after the decision and statement are impossible to predict, which makes this setup very risky at this moment.
FX Empire10 days ago
Trump Tariffs Hits Risk Appetite as Focus Shifts to the BoC and the Loonie
Trump’s threat of more tariffs hit the Aussie and Kiwi Dollar and risk appetite in general through the Asian session, as the markets look ahead to Draghi later this morning and the Bank of Canada’s rate hike and policy outlook this afternoon.
FX Empire10 days ago
AUD/USD and NZD/USD Fundamental Daily Forecast – Despite Recent Strong Performance, Kiwi is Still Long-Term Bearish
Looking at the broader picture, the divergence in monetary policy between the hawkish U.S. Federal Reserve and the dovish Reserve Bank of New Zealand is driving the price action. Recently, the RBNZ suggested it may not raise interest rates until late 2019 or early 2020. Additionally, it did not eliminate the possibility of another rate cut. The market now priced in, for the first time since the end of the easing cycle, a small chance of a rate cut over the next six months.
FX Empire11 days ago
Seems like the correction on Gold and NZD is over
Correction on the Gold was not the deepest on the record. Price managed to use the weekly hammer for an upswing but it was not spectacular. Yesterday’s candle is a shooting star and price came back below the 1260 USD/oz support and broke the lower line of the wedge. Those signs are bearish.
FX Empire11 days ago
Trouble at No10 and Economic Data Put the GBP in Focus
While a number of the majors are in recovery mode, the Pound as come under renewed pressure as high profile members of the Tory Party resign over Brexit, with the threat of another General Election becoming every more real.
FX Empire12 days ago
AUD/USD and NZD/USD Fundamental Daily Forecast – Trading Higher as Yuan Strengthens,
investors seem to be enjoying the relative calm over the U.S.-China trade dispute. Although the U.S. followed through on its threat to impose a tariff on $34 billion in Chinese imports on July 6, the price action indicates the news had been fully-priced into the market. Therefore, we’re not likely to see much of a reaction to the tariffs unless there is further retaliation from China, or additional tariffs from the United States.