New Zealand Dollar Forecast: NZD/USD Surges on Red Hot Q2 CPI Print
2021-07-15 23:00:00
Thomas Westwater,
Analyst
New Zealand Dollar, NZD/USD, Inflation, Bond Yields - Talking Points
New Zealand Dollar sees inflows as Q2 inflation beats estimates
Asia-Pacific equity markets on track to finish higher on the week
NZD/USD pings 26-day EMA on move higher, will it overcome?
Friday’s Asia-Pacific Outlook
Asia-Pacific markets have seen a mixed week of trading, with major equity indexes across the region seeing modest gains, while most currencies fell against a stronger US Dollar. Wall Street stocks closed mostly lower, with the small-cap Russell 2000 index seeing a sharp 3.93% decline on the week. Falling Treasury yields have worked against cyclical trades.