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Author Archives: NZD Editor

NZD holds up ahead of economic data

The New Zealand dairy auctions happened overnight and the market was not impressed by the -1.6% reading on the global dairy trade index, which had a softening effect on the NZDUSD pair. However, the market is certainly poised for movements ...

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AUD/NZD 1D Chart: Descending Triangle

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NZD/USD: bears in control; 0.74 mark at risk?

The NZD/USD pair extended previous session’s rejection move from 0.7525-30 hurdle and remained under some selling pressure for the second consecutive day. The pair ran through some fresh offers and dropped to one-week lows on mixed NZ jobs report, showing ...

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