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Author Archives: NZD Editor

Rings break records as they sell for millions

A prize 35-carat sapphire from Kashmir has fetched $7.3 million (NZD$9.7m), according to the auction house Christie's. The sale, to a private anonymous Asian buyer, set a world record for a Kashmir sapphire at $209,689 per carat (NZD$281,101), Christie's ...

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NZD/USD gives back gains to below 0.75 handle

FXStreet (Guatemala) - NZD/USD is currently trading at 0.7490 with a high of 0.7572 and a low of 0.7476. NZD/USD is consolidating the bid tone of late and supply has put the bird back below the 0.75 handle and taken the pair away from yesterday's and ...

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NZD/USD Pops after Achieving Double Top Target

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Automate trades with Mirror Trader and see ideas on other USD crosses -“A wedge may be underway from the February low though. The bearish pattern would complete on a break below the support line ...

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AUD/NZD Carrying a Bullish Bias in a Flag Pattern

The AUD/NZD has been sharply bullish since finding support around 1.0020 in April. After a double bottom, we can see the aggressive rally in the daily chart, which just cracked the previous high on the year. So in just a month, the pair has erased 4 months ...

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Rings break records selling for millions

A prize 35-carat sapphire from Kashmir has fetched $7.3 million (NZD$9.7m), according to the auction house Christie's. The sale, to a private anonymous Asian buyer, set a world record for a Kashmir sapphire at $209,689 per carat (NZD$281,101), Christie's ...

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New Zealand Dollar in Position to Gain

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list. NZDUSD - The ratio of long to short positions in the NZDUSD stands at -1.13 as 47% of traders are long. Yesterday the ratio was 1.56; 61% of open ...

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NZD/USD dominated by 0.74-0.77 range – Westpac

FXStreet (Edinburgh) - According to Imre Speizer, Strategist at Westpac, the pair’s neutral bias could leave it trading within the 0.74-0.77 range so far. “The US dollar’s decline is doing enough to off set the negative NZ news of late, holding NZD ...

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