New Zealand Dollar Outlook: NZ Jobs Key for RBNZ Decision dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
New Zealand Dollar Outlook: NZD/USD, AUD/NZD React to Covid Risks, RBNZ Policy Bets
2021-07-20 23:00:00
Thomas Westwater,
Analyst
New Zealand Dollar, Covid Lockdowns, Travel, NZD/USD, AUD/NZD - Talking Points
New Zealand Dollar weakens against peers as regional risks threaten RBNZ policy bets
Australia’s Covid outbreak sees trans-Tasman travel bubble ban third state
NZD/USD pushed lower but bullish RSI divergence may see prices rise soon
Wednesday’s Asia-Pacific Outlook
Asia-Pacific markets will likely see a move back into risk assets on Wednesday after the New York trading session saw equity markets recover from a global selloff. The highly infectious Delta Covid variant has economists fearing a potential slowdown in global growth as key economies ramp up lockdown measures. Risk-sensitive currencies like the Australian Dollar and New Zealand Dollar weakened further overnight.
New Zealand Dollar Outlook, Losses to Resume? NZD/USD, NZD/JPY and NZD/CAD dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
US Dollar Outlook: DXY Index Rejects 50-Day Moving Average 2021-02-24 23:50:00 Rich Dvorak, Analyst
US DOLLAR OUTLOOK: USD PRICE ACTION UNDER PRESSURE – WILL SUPPORT HOLD?
US Dollar strength faded across the board throughout Wednesday’s trading session
The DXY Index rejected its 50-day simple moving average and NZD/USD skyrocketed
Durable goods, month-end flows, potential fiscal stimulus setbacks come into focus
The US Dollar whipsawed on Wednesday as initial strength was faded by bears. On net, the broader US Dollar Index edged slightly lower with gains against JPY and CHF largely offset by weakness versus the EUR, GBP, and CAD. The intraday reversal appeared to follow 10-year Treasury yields peeling back from the 1.40% mark.
New Zealand Dollar Outlook: NZD/USD Eyeing 2018 Highs, Will RBNZ Disappoint? 2021-02-23 02:30:00 Daniel Dubrovsky, Strategist
New Zealand Dollar, NZD/USD, RBNZ, Downside and Upside Scenarios – Analyst Pick
Inflation bets are rising, but might the central bank disappoint?
NZD/USD is facing mixed technical picture as 2018 highs near
The New Zealand Dollar is aiming higher heading into the RBNZ monetary policy announcement due on Wednesday at 1:00 GMT. In fact, NZD/USD just closed at its highest since April 2018, resuming what has been the dominant uptrend since March 2020. Now, all eyes are on the Reserve Bank of New Zealand, particularly given rather upbeat economic data from the island country.