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Author Archives: NZD Editor

A weaker NZD against a stronger AUD? [Video]

This should mean a weaker NZD against a stronger AUD for today’s session. Therefore expect buyers on pullbacks on the AUDNZD pair. We expect this trade to play out between now and the next 3-4 days. Read Full Story at ...

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RBNZ’s Yuong Ha says the Bank would like a weaker NZD

EUR/USD is looking to establish a foothold above 1.18 in Asia. The 4-hour chart shows a falling wedge breakout. The pattern comprises converging trendlines connecting lower highs and lower lows. The … Read Full Story at source (may require registration) ...

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AUD/NZD biased upward on central bank divergence

The drift higher has started due to the contrasting central bank themes. At the time fo writing, AUD/NZD is trading at 1.0892 within a 1.0877 and 1.0895 range. Following the Reserve Bank of … Read Full Story at source (may ...

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Chart of the day: GBP/NZD

The GBP/NZD has had a significant rally from the lows near the 1.9000 level reaching almost the 2.0000 level today (high of 1.9967) after putting in a double bottom last month. Th … Read Full Story at source (may require ...

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NZD trades mixed after rate decision

The Australian dollar was mixed against all of its major pairs. The Reserve Bank of New Zealand kept its key interest rate at 0.25%, which was widely expected by economists. The RBNZ is also expanding … Read Full Story at ...

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