NZDUSD is finding bids in today’s trading after New Zealand’s CPI report for Q1 2020 topped expectations. Will it rally today?
NZDUSD
In this section, you will find important NZDUSD news, actionable trading ideas, and a live NZDUSD chart to help you understand the markets better.
NZDUSD also is known as Kiwi between forex traders, is the ticker symbol in Forex markets that represents how many US dollars you can buy with one New Zealand Dollar. The price of the pair is affected by changes in both economies and could be affected by changes in monetary policy from the Reserve Bank of New Zealand and FED. New Zealand is a dairy exports economy and the outlook and performance of that sector plays an important role in the value of NZD
Live NZDUSD Chart
NZDUSD is the biggest loser so far today among the majors. As of this writing, the currency pair is down by around 0.85% or 50 pips. The hourly time frame also reveals a bearish technical setup ahead of China’s GDP release. Could this mean that we are in for a sell-off?
Asian markets ended lower as investors fear that the recession will be deeper than expected. The IMF nowpredicts that global economic output will shrink by 3% in 2020
NZDUSD consolidates after the recent three days rebound ahead of the blockbuster U.S. initial jobless claims announcement later on the...
Asian stocks started the week on positive foot as the coronavirus death rate drop in Europe for the third consecutive...
NZDUSD trades lower for the second consecutive day as the pair corrects from the recent six days rally, from multi-year...
While the news of the recent QE was bearish for the dollar, the Kiwi seemed to benefit from news of...
NZDUSD trades sharply higher as the Fed open-ended quantitative easing program announced yesterday boosted investors sentiment. The New Zealand Reserve...
Asian stocks managed to rebound today and finished higher as many central banks and governments move to ensure liquidity with...
NZDUSD traded higher to 0.6095 after the New Zealand government announced that it would launch a massive stimulus program. The...