Weekly market update on the USD, the GBP, and the stocks
Tag - nzd - new zealand dollar
Time to case-test a triangle chart formation with NZD/USD
This currency pair is now between the two MAs at the key resistance level - will it break it?
After the words of Fed Chair Jerome Powell, the market has got confidence.
The Reserve bank of New Zealand holds a meeting on Wednesday at 3:00 MT time.
Will we see new dovish insights?
The New Zealand dollar has been really strong lately. Will it beat the multiyear highs?
The dollar gains against low-yielding currencies on Wednesday, hitting a five-month high against the yen as US bond yields jumped on the prospects of further economic recovery.
Jump in to get the technical analysis of EUR/GBP, GBP/USD, and gold!
New Zealand published encouraging labor data. Stock indices surged on better-than-expected earnings of Google and Amazon.
Asian shares climbed to near all-time highs on Monday as concerns over rising COVID-19 cases and delays in vaccine supplies were eclipsed by the optimism of a $1.9 trillion fiscal stimulus plan to help revive the US economy.
President-elect Biden will present details of his plans to support the economy through the pandemic, while Federal Reserve chairman Jerome Powell may offer some reaction in a speech later.