NZD/USD may be on the verge of breaking to lower levels. The pair formed a doji candlestick with a long upper shadow on the D1 - this is a bearish sign.
Tag - nzd - new zealand dollar
Goldman Sachs sees the AUD/NZD pair as a buy. Why?
USD rules the market this Monday, with AUD and NZD getting their gains as well, gold plunging, and WTI dropping to 21-year lows at $14.80!
These days the US dollar has a lock on everyone’s attention. However, there are some interesting cross-currency movements that you can gain from.
Main currency pairs and assets got into consolation or correction this Friday.
While we speak about the USD getting stronger, the New Zealand dollar may be aiming at its 7-year lows against the CAD. Does it have the momentum for that?
Before the start of the Asian trading session, the RBNZ and the Fed cut the interest rates…
Things change rapidly in Forex and stock markets amid virus pandemic and oil price war; watch the daily video to get updated.
JPY and EUR are the only bastions of resilience amid the sell-off mood of the market; gold is up to $1700, oil is a real problem…
US Fed cut the interest rate by 50 basis points, USD goes mostly sideways against other currencies, EUR gets stronger; OPEC meets on March 5 to prevent slumping of the oil price…
The Japanese yen is back in the Forex market reconquest on investors' flight to safety. Observers are almost certain the US financial authorities will lower the main interest rate - hence, the USD is dragged down. What else does Friday bring?
NZD seems to be in an equal fight against the JPY. What stands behind that?