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Author Archives: NZD Editor

NZD/USD Hit Another Downside Target

NZD/USD dropped as much as 0.7222 level, where has found support again. Price squeezed a little in the last hours, but this could be only temporary because remains under selling pressure. USD is expected to drive the rate much lower ...

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NZD/USD clocks fresh 5-week lows near 0.7230

Mixed sentiment on the Asian equities combined with stalled USD selling knocked-off the NZD/USD pair to fresh five-week lows of 0.7224. NZD/USD back below 5-DMA at 0.7300 The Kiwi slumped nearly 60-pips in the US last session, after the US ...

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BNZ on the dairy auction and the NZD

NZD has also underperformed, down 0.7% to 0.7235 and hovering close to the lows for the session this morning. The latest GDT dairy auction defied some of the more positive indicators leading up to the auction and showed a slight ...

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GBP NZD Volatile as UK Inflation Disappoints

The Pound New Zealand Dollar (GBP NZD) exchange rate fluctuated today as markets reacted negatively to Britain’s latest inflation figures. The Pound fell across the board this morning following the release of the UK’s latest CPI figures. According to … ...

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