NZDUSD=X - NZD/USD
| Previous close | 0.654 |
| Open | 0.654 |
| Bid | 0.66 |
| Day's range | 0.653 - 0.661 |
| 52-week range | 0.6426 - 0.7437 |
| Ask | 0.659 |
- FX Empire•20 hours ago
NZD/USD Fundamental Daily Forecast – Reversing Earlier Weakness on China Market Rebound
The direction of the NZD/USD the rest of the session on Friday is likely to be dictated by the direction of U.S. Treasury yields and U.S. equity prices. However, if U.S. stock markets recover from Thursday’s losses then look for the short-covering rally to continue. Another spike higher in U.S. Treasury yields and further weakness in the stock market will likely drag the New Zealand Dollar lower.
- FX Empire•yesterday
China’s GDP Comes in Softer to Spook the Markets Early
China sees its slowest growth since 2009 to rile the markets in the wake of a Thursday sell-off that came off the back of positive stats out of the U.S.
FX Empire•2 days agoUK Retail Sales and Brexit News Leaves Focus on the Pound
It’s all eyes on the Pound, with Brexit news and UK retail sales figures to provide direction through the day. Any progress on Brexit to be the key driver.
- FX Empire•3 days ago
AUD/USD and NZD/USD Fundamental Daily Forecast – Hawkish Fed Minutes Could Put Pressure on Aussie, Kiwi
Strong U.S. economic data and hawkish Fed minutes should be bullish for Treasury yields which will make the U.S. Dollar a more attractive investment and put pressure on the Australian and New Zealand Dollars.
- FX Empire•3 days ago
UK Inflation and Brexit Talk Put the GBP in Focus, with One Eye on the EUR
While we can expect some focus on the FOMC minutes, it’s all about the GBP and the EUR today, the EU Summit putting Brexit and Italy in focus.
- FX Empire•4 days ago
NZD/USD Forex Technical Analysis – October 16, 2018 Forecast
Based on the early price action, the direction of the NZD/USD the rest of the day will be determined by trader reaction to .6595 and .6562. Basically, look for the upside bias to continue on a sustained move over .6595. A downside bias is likely to develop on a sustained move under .6562.
- FX Empire•4 days ago
AUD/USD and NZD/USD Fundamental Daily Forecast – NZD Rallies as Higher Inflation Reduces Chances of Rate Cut
According to Statistics New Zealand, headline consumer price inflation (CPI) jumped by 0.9% in the three months to September, the largest quarterly increase since the first three months of 2017.
- FX Empire•4 days ago
The Kiwi Dollar Spikes on Inflation, as Risk Appetite Trickles Back Early On
Risk appetite trickles back into the markets early on supporting the commodity currencies, while the Kiwi gets a boost from Q3 inflation numbers.
- FX Empire•5 days ago
Risk Aversion Hits ahead of Italy’s Showdown in Brussels
Brexit jitters hit the Pound, with Italy’s budget delivery to the EU later today weighing on the EUR, as risk aversion returns to the markets.
- FX Empire•8 days ago
China’s Trade Surplus Defies Gravity Again to Shift Focus to Trump and the USD
The risk off sentiment continued through the early part of the day, with better than expected trade data out of China doing little to settle the markets.
- FX Empire•9 days ago
Geo-political Risk and U.S Inflation to Drive the Greenback
While the ECB monetary policy meeting minutes and Brexit will be eyed, U.S inflation figures could have a far greater influence this afternoon.
- FX Empire•10 days ago
Technical Outlook For Important NZD Pairs: 10.10.2018
Having failed to clear immediate descending resistance-line, NZDUSD rests on 0.6460 support, breaking which it’s drop to 0.6420 can’t be denied. Should prices continue declining past-0.6420, the 61.8% FE level of 0.6390, followed by 2016 low around 0.6345, can please the Bears. On the contrary, uptick beyond 0.6490 TL may have to struggle with 0.6500 horizontal-barrier to aim for the 0.6540-45 and the 0.6570 resistances. However, pair’s rise after 0.6570 could find it hard to clear the 0.6590-0.6600 region, which if broken opens the door for its rally to 0.6630 & 0. ...
- FX Empire•10 days ago
AUD/USD and NZD/USD Fundamental Daily Forecast – Lower PPI Could Trigger Wicked Short-Covering Rally
Traders will be watching the PPI data because it needs to justify the surge in Treasury yields. Lower than expected PPI could drive Treasury yields lower. This would give the AUD/USD and NZD/USD a strong boost.
- FX Empire•10 days ago
The Aussie and Kiwi Dollar Rally as U.S Treasury Yields Ease Back
Economic data out of Asia give the Aussie and Kiwi Dollars some respite early in the day, while geo-political risk remains the key area of focus.
- FX Empire•11 days ago
AUD/USD and NZD/USD Fundamental Daily Forecast – Investors Encouraged by China’s Move to Boost Economy
Traders shouldn’t read too much into the developing short-covering rally. It’s not likely to lead to any major change in trend. It is more likely to alleviate some of the downside pressure while setting up another shorting opportunity.
- FX Empire•11 days ago
Geo-Political Risk and the Greenback Remain in Focus
The Dollar could be in for another move should geo-political risks linger and trade war chatter out of China provide little comfort.
- FX Empire•12 days ago
AUD/USD and NZD/USD Fundamental Daily Forecast – Showing Little Response to PBoC’s Reserve Requirement Cut
The Australian and New Zealand Dollars are inching higher early Monday on short-covering after early session weakness. U.S. Treasury markets are also closed. Additionally, U.S. Federal Reserve Chairman Jerome Powell fanned the flames for higher interest rates when he reiterated the central bank’s plan for gradual rate hikes through year end and beyond.
- FX Empire•12 days ago
A Reserve Rate Cut by the PBoC Adds to the Greenback’s Allure
China service sector activity picks up as the PBoC announces a 4th cut in the RRR, while the Greenback sees more upside early on.
- FX Empire•13 days ago
Weak Finish Suggests U.S. Dollar Decoupling from Rising Treasury Yields
While the benchmark 10-year Treasury yield hit its highest level since 2011 on Friday, the U.S. Dollar Index was struggling. Perhaps this indicates a decoupling by the dollar and Treasury yields. If the run up in Treasury yields begins to level off then we can expect to see a weaker U.S. Dollar this week.
- FX Empire•14 days ago
AUD/USD and NZD/USD Fundamental Weekly Forecast – Focus Will Remain on U.S. Treasury Yields, Inflation Data
There are no major reports from Australia and New Zealand this week. In the U.S., investors will get the opportunity to react to Producer and Consumer Inflation data. The PPI is expected to show an increase of 0.2%, up from -0.1%. The CPI is forecast to show an increase of 0.2%, up from 0.1%
- FX Empire•15 days ago
AUD/USD and NZD/USD Fundamental Daily Forecast – Showing Early Signs of Closing Price Reversal Bottom
The early price action suggests we could see a counter-trend short-covering rally. It also indicates that the selling earlier in the week that drove the Aussie and Kiwi sharply lower may have been investors pricing today’s job market news into the market. In other words, today’s report became a sell the rumor, buy the fact event.
- FX Empire•15 days ago
NFP and Wage Growth Figures to Put the USD in the Spotlight
Consumer spending in both Australia and Japan improved but not by enough to shift sentiment as focus shifts to U.S labour market stats.
- FX Empire•16 days ago
AUD/USD and NZD/USD Fundamental Daily Forecast – Soaring Treasury Yields Pressuring Aussie, Kiwi
The focus for traders at this time is the widening interest rate differential between U.S. Government bond yields and Australian and New Zealand Government bond yields. This move is also making the U.S. Dollar a more attractive investment.
- FX Empire•16 days ago
Aussie Record Trade Surplus Does Little to Slow the Greenback
The Dollar’s on a tear, only the Japanese Yen managing to hold on in the early hours, with a record trade surplus out of Australia doing little for the AUD.
- FX Empire•17 days ago
Technical Overview of EUR/USD, GBP/USD, USD/CAD & NZD/USD: 03.10.2018
Having bounced off the 1.1535-25 support-zone, EURUSD needs to surpass the 50-day SMA level of 1.1605, followed by the 1.1645 hurdle, comprising 100-day SMA, in order to justify its strength in targeting the 1.1720 and the 1.1750 resistance-levels. However, the 1.1815-20 region could limit the pair’s upside past-1.1750, if not then 1.1900 and the 200-day SMA level of 1.1940 might please the buyers. Alternatively, a D1 close beneath the 1.1525 can quickly fetch the quote to 1.1430 and 1.1330 supports. Also, pair’s sustained decline below 1.1330 can avail 1. ...
