The NZDUSD pair declined by about 70 basis points even as New Zealand released upbeat retail sales numbers. The pair is trading at 0.6494, which is significantly below this week’s high of 0.6580. The decline was partly due to the overall strong US dollar following the FOMC rates decision yesterday. The US dollar index is up by 30 basis points.
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 has seen a rally of over 550 pips in the last three weeks. With this, the currency pair is now trading around its February highs.
Asian stocks rise as investors positioning a V-shaped recovery, supported by another positive session in Wall Street. Major U.S. indices managed to finish higher despite the violent protest in many cities across the country.
Asian stocks are trading higher on Tuesday as traders focus on the full recovery from the coronavirus as global confirmed cases drop. Investors ignore the rising tensions between China and the USA
NZDUSD finished with strong gains in yesterday's trading after the RBNZ's report showed that banks are stable amid the pandemic. Can it extend its gains?
The NZDUSD pair soared by more than 1.35% today, making the kiwi one of the best-performing currencies in the developed...
The NZDUSD was little changed as the market reacted to a 5.8 magnitude earthquake in New Zealand. The pair is...
NZDUSD is trading lower today despite positive New Zealand retail sales as China imposes stricter security on Hong Kong, sparking risk aversion.
NZDUSD is holding steady despite dovish remarks from key RBNZ officials. However, technicals suggest the currency pair may soon fall.
Asian stocks turn higher after a weak opening, mirroring Wall Street rebound. Investors focus on the reopening procedure in many countries around the globe, that helps sentiment.