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Author Archives: NZD Editor

NZD/USD Into A Corrective Phase

NZD/USD focuses on correction right now and could drop much deeper if the USDX will resume the minor rebound. Price looks undecided right now, has squeezed in the last hours and has erased the earlier losses. Could decrease further as ...

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AUD/NZD recovers from the 10-DMA support

AUD/NZD dropped to a low of 1.0706 [10-DMA] before recovering losses to trade around 1.0737 levels. The New Zealand dollar rose in early Asia after the RBNZ held key rates unchanged and retained the neutral tone despite some sluggish economic ...

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NZD/USD bid post RBNZ

Currently, NZD/USD is trading at 0.7339, up 0.04% on the day, having posted a daily high at 0.7373 and low at 0.7339. NZD/USD was offered and then bid to aforementioned highs on the RBNZ but very quickly gave back the ...

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