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Author Archives: NZD Editor

Dollar Resumes The Unwind As Fed Fail To Impress

We only expect minor pullbacks from here so we’d consider fading into rallied below monthly S2. This only adds yet further support for EUR, AUD, NZD and the like which continue to rise against their central banks wishes. Unfortunately for ...

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NZD/USD: headed to 0.7610 post FOMC outcome?

Currently, NZD/USD is trading at 0.7518, down -0.04% on the day, having posted a daily high at 0.7530 and low at 0.7515. NZD/USD rallied on the back of a weaker dollar post the FOMC outcome in the overnight session. The ...

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3 Reasons Why the Dollar Crashed On FOMC

The U.S. dollar sold off aggressively in the hour after the monetary policy announcement with USD/JPY dropping 100 pips, EUR/USD hitting a 2 year high, GBP/USD breaking 1.31, AUDUSD hitting 80 cents and NZD/USD breaking above 0.7500. Multiyear highs were ...

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NZD/USD: the pair is in the horizontal channel

Since the beginning of the week the pair has been in the narrow trading range 0.7443-0.7415 that currently coincides with Bollinger Bands. The calmness in the market is caused by waiting for today’s Fed’s meeting. The majority of experts do ...

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Dollar Trims Gains With Fed Decision In Focus

USD/JPY was little changed at 111.83, while USD/CHF climbed 0.60% to trade at 0.9581. The Australian dollar remained weaker, with AUD/USD down 0.32% at 0.7911, while NZD/USD added 0.13% to 0.7428. Earlier Wednesday, the Australian Bureau of Statistics said … ...

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Swiss Franc Steals the Show as Markets Await FOMC

The impact on kiwi was rather muted. NZDUSD continued its sideways trading around a 10-month high. released from New Zealand, trade surplus widened to NZD 242m in June. EUR/CHF’s rally accelerates to as high as 1.1173 so far. Intraday bias ...

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