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Author Archives: NZD Editor

NZD/USD Tests Downtrend Line Resistance

NZD/USD saw a substantial 6.22% retracement since February 7. The downtrend was held above the significant support line at 0.6800 since the end of April, suggesting the bearish momentum has been waning. The price further broke the next psychological level ...

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NZD gains on questions over Trump

The New Zealand dollar gained on speculation there will be less need to raise interest rates in the US because the Trump administration is too distracted by scandals – such as the firing of the Federal Bureau of Investigation chief ...

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NZD/JPY on the decline

If a risk-off trade will be the case then New Zealand dollar/Japanese yen (NZD/JPY) currency pair may stay under pressure as well. So far, we have seen a new low after a completed flat at 78.47, so there is room ...

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