NZD/USD: Despite RBNZ rate cuts, it is oversold – CIBC

6 hours ago

Analysts at CIBC, forecast the NZD/USD pair will trade at 0.64 during the fourth quarter and at 0.66 in the second quarter of 2020. “NZD/USD has fallen rapidly since July, and looks to have reached … Read Full Story at ...

NZD/USD trades at fresh monthly highs near 0.6380

11 hours ago

EUR/USD Technical Analysis: Further upside could see 1.1165 retested in the near term The American dollar is under selling pressure amid a better market mood. EUR/USD above 1.1140 ahead of several Fed … Read Full Story at source (may require ...

EUR/NZD: Ascending Triangle’s breakout to determine the next direction

14 hours ago

EUR/USD is trading above 1.11 after Chinese GDP missed expectations but industrial production surprised to the upside. Speculation about the Brexit vote and Fed speakers are set to rock markets. Read Full Story at source (may require registration) Author:

NZD/USD: Is a Short-Term Reversal Developing?

16 hours ago

After a strong rally in the NZD/USD, inspired by a combination of much weaker-than expected economic data out of the US and a short-covering rally in the extremely oversold New Zealand Dollar, a short … Read Full Story at source ...

NZD: rate meeting surprise on September 25?

18 hours ago

The RBNZ’s surprise rate cut last month by 50bps invited, as we expect on surprise rate cuts, immediate NZD sellers. For the rate meeting this week on September 25 the current probability for a 25bp … Read Full Story at ...

NZD/USD hits one-month highs, eyes China data

21 hours ago

EUR/USD closed well above Sept. 13’s high of 1.1110 on Thursday, invalidating the bearish lower highs setup. EUR charted multiple lower highs and lower lows in the 3 mos to Oct. 1. The pair has … Read Full Story at ...

NZD/JPY is doing its best

23 hours ago

The EUR/USD pair consolidates intraday gains, despite not so encouraging Brexit headlines after all. Mixed US data keeps the greenback under pressure, as well as equities trading in the green. With … Read Full Story at source (may require registration) ...

AUD/NZD: Bulls tiring and bears eye a break below 21-DMA

24 hours ago

Upside attempts are failing around 1.0790 as bulls begin to tire. AUD/NZD is sat in the mid 1.0750s, consolidating above a cluster of 4-hour moving averages. The upside attempts are failing around … Read Full Story at source (may require ...

NZD/USD clings to 0.6350 ahead of China’s data dump

1 day ago

NZD/USD holds steady around 0.6350 while waiting for China data. Followed commodity-linked currencies without major domestic catalysts the previous day. Trade headlines will keep the spotlight despite … Read Full Story at source (may require registration) Author:

NZD/USD: Nearing a potential trough – BNZ

1 day ago

According to the NAB FX Strategy Team, the New Zealand Dollar’s downturn might be drawing to a close. Their three to six month target for the NZD/USD pair is at 0.6150. “The NZD inevitably performs … Read Full Story at ...