Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any…
NZD/USD softens to around 0.5825 in Thursday’s early Asian session. Fed Minutes showed most officials saw inflation as a greater risk. RBNZ cut its benchmark cash rate by 25 bps to a three-year low of 3.0% on Wednesday. The NZD/USD pair loses ground near 0.5815 during the early Asian session on Thursday. The New Zealand…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any…
New Zealand Electronic Card Retail Sales (YoY): -1.6% (March) vs -4.2% Source link
NZD/USD appreciates as sentiment improves following S&P Global Ratings’ projection that New Zealand will be less affected by US tariffs. Bullish momentum persists in New Zealand equities, driven by signs of domestic recovery after country exited recession in Q4 2024. Federal Reserve Governor Adriana Kugler reaffirmed that the Fed’s interest rate policy remains restrictive and…
NZD/USD depreciates as traders adopt caution as the February consumer confidence report looms. China’s Vice Commerce Minister has met with US business leaders to discuss tariffs. The Trump administration plans to tighten chip export controls on China. NZD/USD continues its losing streak for the fourth successive session, trading around 0.5720 during the Asian hours on Wednesday….
The New Zealand Dollar (NZD) is likely to consolidate in a range of 0.6070/0.6110. In the longer run, oversold weakness has not stabilised, but NZD must break clearly below 0.6050 before further sustained decline is likely, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. NZD to consolidate in a range of…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any…
The New Zealand Dollar trades flat in Tuesday’s early Asian session. Reduced bets for a RBNZ rate cut and signs of stronger demand from China supported the Kiwi. Rising Middle East geopolitical risks might limit the pair’s downside. The US Producer Price Index (PPI) will be in the spotlight on Tuesday before the RBNZ rate…