NZDUSD=X - NZD/USD
| Previous Close | 0.592 |
| Open | 0.586 |
| Bid | 0.586 |
| Day's Range | 0.586 - 0.586 |
| 52 Week Range | 0.5479 - 0.6790 |
| Ask | 0.586 |
- FX Empire
Service Sector PMI and U.S Nonfarm Payrolls Put the EUR and USD in the Spotlight
Nonfarm payrolls and service sector PMIs are in focus today. With the West in shutdown mode, both labor market numbers and PMIs are expected to be dire…
- FX Empire
AUD/USD and NZD/USD Fundamental Daily Forecast – Gains Capped by Demand for Safe-Haven US Dollar
Early Wednesday, the Reserve Bank of Australia (RBA) said in its emergency meeting minutes that policymakers were worried about the potential for a “very material contraction” in economic activity.
- FX Empire
Concerned That Asia Could Blow A Hole In Future Economic Recovery
We strongly believe China wants to show some strength in their perceived economic recovery and that these PMI numbers are somewhat “manufactured for effect”.
- FX Empire
Economic Data May not Be Enough to Shift Focus as COVID-19 Continues to Spread…
A busy economic calendar may not be enough to distract the markets. The virus continues to spread at a sharp pace in spite of lockdown measures…
- FX Empire
NZD/USD Forex Technical Analysis – Decision Time as Kiwi Tests .5958 – .6074 Retracement Zone
The near-term direction of the NZD/USD will be determined by trader reaction to the 50% level at .5958 and the Fibonacci level at .6074.
- FX Empire
A Busy Economic Calendar Puts the EUR, GBP and USD in Focus
PMI numbers out of China impress early. Will a busy economic calendar be enough to distract the markets from the continued spread of COVID-19?
- FX Empire
AUD/USD and NZD/USD Fundamental Weekly Forecast – RBA, RBNZ Spent Some Serious Cash Last Week
The RBA injected $6.9 billion into the financial system last week and said it would buy $4 billion in government bonds. The Reserve Bank of New Zealand (RBNZ) made its first foray into so-called quantitative easing with the purchase of NZ$250 million of government bonds in the secondary market.
- FX Empire
The Dollar Finds Support as the Latest Coronavirus Numbers Weigh on Risk Appetite
It’s bearish start to the day, with the continued rise in coronavirus cases raising the prospects of a lengthier economic meltdown…
- FX Empire
NZD/USD Forex Technical Analysis – Set-Up for Breakout Over .6074
On Friday, the NZD/USD closed in a position to challenge the upper level of the retracement zone at .6074. Given the momentum into the close, we’re likely to take out this level, perhaps triggering an acceleration to the upside.
- FX Empire
A Relatively Quiet Economic Calendar Leaves the Spotlight on the Coronavirus
China’s industrial profits tested risk appetite early on, with stats later today unlikely to have a material impact as the governments battle on.
- Investing.com
FOREX - U.S. Dollar Slides as Investors Continue Their Search for A Safe Haven
By Gina Lee
- FX Empire
The U.S Stimulus Bill and Weekly Jobless Claims to Drive Risk Appetite
The BoE and ECB will garner some attention, though expect updates from Capitol Hill and U.S weekly jobless claims figures to steel the show.
- FX Empire
Comdolls Reach Higher Amid Stimulus Hopes
The Australian dollar, New Zealand dollar and Canadian dollar powered higher in early trading on Wednesday.
- FX Empire
NZD/USD Forex Technical Analysis – Counter-Trend Buyers Targeting .5959 – .5968
Based on the early price action and the current price at .5876, the direction of the NZD/USD the rest of the session on Wednesday is likely to be determined by trader reaction to the steep uptrending Gann angle at .5789.
- FX Empire
NZD/USD Forex Technical Analysis – Strengthening as Demand for Greenback Eases
A sustained move over .5568 will indicate the presence of buyers. If this generates enough upside momentum then look for the rally to possibly extend into the short-term 50% level at .5959, followed by the downtrending Gann angle at .6008.
- Investing.com
FOREX - Pound Rises on Stricter Lockdown Measures; Dollar Drops on Unlimited QE
By Gina Lee
- FX Empire
A Global Shutdown and Continued Spread of the Coronavirus to Overshadow any Stats
Market turmoil resumes early in the Asian session as the markets react to the latest coronavirus containment measures and numbers.
- FX Empire
NZD/USD Forex Technical Analysis – Trader Reaction to Downtrending Gann Angle at .5648 Sets the Tone
Based on the early price action and the current price at .5624, the direction of the NZD/USD the rest of the session on Monday is likely to be determined by trader reaction to the steep downtrending Gann angle at .5648.
- FX Empire
The US Dollar Is Dangerously Close to a Breakout
While the equity markets have somewhat settled this week, the US dollar is making headlines as the trade-weighted dollar index has reversed sharply higher since last Monday.
