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Author Archives: NZD Editor

NZD/USD struggling near 3-month lows, NFP holds the key

The NZD/USD pair struggled to build on overnight modest rebound from the very important 200-day SMA and ran through some fresh offers just ahead of the 0.7200 handle. The pair extended this week’s rejection slide from the 0.7300 neighborhood and ...

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NZD/USD Broke Below 0.7200 Support

NZDUSD recently broke below a major support level at 0.7200, indicating that the uptrend from 0.6817 had completed at 0.7557 already. The pair is now in downtrend, further decline would likely be seen after correction. There is a bearish trend ...

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NZD sheds 4.5pc in August, 1pc this week

The New Zealand dollar is heading for a 1 per cent decline this week after shedding 4.5 per cent in August as election uncertainty rises with the latest political polls. The kiwi was trading at US71.66c as at 5pm in ...

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