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Author Archives: NZD Editor

Morning Markets: Elections weigh on euro and NZD

Spain: producer price index (07:00 GMT) Germany: Ifo survey (00800 GMT) Eurozone: ECB President Mario Draghi speaks (1500 GMT) The euro and the NZD are both under pressure after inconclusive weekend elections in Germany and New Zealand meant the two ...

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NZD: Balance Of Risks Into RBNZ – Citi

Citi Research notes that expects NZD to remain capped into this week’s RBNZ policy decision on Thursday (NZ local time). “The central bank may reiterate that its monetary policy to remain accommodative for a considerable time. The RBNZ is unlikely ...

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Price dropped today, but failed to reach the 0.7167 yesterday’s low, signaling that the bulls can step in again on the short term. NZD/USD failed to stay under the 50% retracement level, announcing a minor increase in the upcoming days. ...

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NZD/USD pullbacks could test 0.7135 – UOB

FX Strategists at UOB Group believes there is still room for further downside in the pair in the short term. 24-hour view: “We underestimated the strength of the down-move as NZD sliced through several strong supports to hit a low ...

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