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Author Archives: NZD Editor

NZD Boosted by Risk-on Sentiment But Weakness Remains

Fundamental analysis and financial markets. We remain neutral on the New Zealand – with a bias to sell any strong rallies – despite the Kiwi gaining on the back of improving market sentiment. The high yielding currency normally benefits when ...

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NZD/USD edges back to weekly tops, around 0.7330

After yesterday’s pullback, the NZD/USD pair regained traction on Friday and is currently placed near weekly tops around the 0.7325-30 region. Fresh US political jitters kept the US Dollar on the back-foot and had been one of the key factors ...

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NZD/USD should head lower? – ANZ

A lot of traditional drivers are saying the NZD/USD should head lower (the absolute level of the yield differential, US growth, movements up in volatility) but the policy backdrop is doing the USD no favours, according to analysts at ANZ. ...

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AUD/NZD: watching 1.0820 key support – Westpac

Analysts at Westpac offered their outlook for the antipodean cross and rates. “AUD/NZD 1 day: Having reached 1.0880 yesterday, there’s potential for a deeper correction if 1.0820 gives way. AUD/NZD 1-3 month: A retest of the 1.0900 area seen in ...

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NZD/USD: rallying at a higher degree?

The New Zealand dollar/U.S. dollar (NZD/USD) currency pair can be trading in a temporary corrective rally of a higher degree, labeled as Wave B) that can in sessions ahead search for resistance near the Fibonacci ratio of 50.0/61.8. At the ...

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