NZD/USD clings to modest gains above mid-0.7100s, lacks follow-through
NZD/USD witnessed a modest short-covering bounce on Friday amid oversold conditions. Thursday’s upbeat US macro
Financial and Business News
NZD/USD witnessed a modest short-covering bounce on Friday amid oversold conditions. Thursday’s upbeat US macro
Further consolidation in NZD/USD is likely between 0.7180 and 0.7300 in the next weeks, noted
The kiwi has softened further. Amid a quiet data schedule, NZD/USD is on track for
NZD/USD refreshes intraday low, stays pressured for third day after data from Australia and China.
Strong dairy exports remain supportive for the NZ economy, the Reserve Bank of New Zealand
According to FX Strategists at UOB Group, further upside in NZD/USD is likely to meet
NZD/USD begins June on mixed footing after two-month uptrend. Bulls cheered US dollar weakness, ignored
RBNZ Assistant Governor Christian Hawkesby crossed wires, via Reuters, during early Monday. The Reserve Bank
NZD/USD fades post-data corrective pullback, prints two-day losing streak. China NBS Manufacturing PMI eased but
NZD/USD bears target downside structures failing at daily resistance. The monthly chart is otherwise strongly