NZD/USD Forecast - Page 7

Like every major FX pair NZDUSD is cautiously awaiting this weeks all-important policy meeting at the Fed, but it’s also waiting for some growth figures out of NZ tomorrow...

16 Sep 2015FOREX.com

On the 4-hour chart, the NZD/USD pair few times tested the level of 0.6255 but could not overcome it. At present the pair is trading near the level of 0.6310 and could grow to the level of 0.6360 (a crossover between 23.6% Fibonacci correction, 38.2% arc and 50% fan) in the near future...

15 Sep 2015LiteFinance

The Reserve Bank of Australia has cut the interest rate by 25 bps to 2.75%. The head of the RBNZ Wheeler believes that a further easing of monetary policy is possible at some stage in future. According to regulator's forecasts, inflation is likely to return to the range of 1%-3% by the beginning of 2016...

10 Sep 2015Exness

The Kiwi is trying to grow, but it's not succeeding. Its main pressure factors are the slowdown of the Chinese economy, a likely decrease by 25 bps in the key interest rate in New Zealand and the expected growth in the US rates by the same amount in September...

8 Sep 2015Exness

In August, the business activity index in China's manufacturing sector decreased from 50 p. to 49.7 p. Despite the 1.23% morning decline of the Shanghai Composite Index, commodities and commodity currencies are consolidating near yesterday's levels...

1 Sep 2015Exness

NZD/USD continues to remain relentlessly offered in the European session mainly driven by EUR/NZD strength amid China meltdown and falling oil prices which keeps the risk-off tone intact in the markets...

24 Aug 2015Octa

This week, NZ dollar is trying to strengthen though the demand for the US currency is high as the Yuan turmoil is subsiding and quite positive macroeconomic statistics are released...

19 Aug 2015LiteFinance

The NZD remains volatile, trading not far from where it was at the start of the week. On Thursday, the USD gained back some of its losses...

14 Aug 2015LiteFinance

The NZD/USD pair is trying to rise from the record lows near 0.6500 amid the publication of the US macroeconomic statistics which failed to comply with the expectations...

7 Aug 2015LiteFinance

The NZ dollar was bolstered by an unlikely source, the Reserve Bank of New Zealand (RBNZ). Governor Wheeler noted during a speech earlier today that whilst further interest rate cuts are likely, the economy doesn’t require severe monetary policy loosening...

29 Jul 2015FOREX.com

The Reserve Bank of New Zealand lowered its official interest rate by 25 bps to 3%, although the number of market participants conceded that it would drop to 2.75%...

23 Jul 2015Exness

The pair USD/NZD reached two-weeks high last Friday and tested 23.6% Fibonacci correction. This week, however, the pair is falling again despite negative Retail Sales data for June in the US that showed a decrease by 0.3%...

15 Jul 2015LiteFinance

The June increase from 1.2% to 1.4% in the annual growth rate of consumer prices in China demonstrates a recovery of economic activity in the country and contributes to the growth in demand for commodity currencies, including the Kiwi...

9 Jul 2015Exness

On Tuesday, the US dollar strengthened against the New Zealand dollar. The pair NZD/USD reached the level 0.6747 but then a correction followed. The US currency was supported by the publication of US Consumer Confidence Index for June, which was 101.4 points compared to 97.3 points ahead of the data..

1 Jul 2015LiteFinance

New Zealand's GDP increased by 0.2% (q/q) in Q1 2015, with a forecast of +0.6% (q/q). From April, 2014 to March, 2015, GDP increased by 3.2% (y/y) with a forecast of +3.3% (y/y). The lower growth rate of the national economy will promote the further monetary easing by the RBNZ...

18 Jun 2015Exness

Trade deficit in New Zealand in the first quarter rose to 3.6% of GDP, compared with 3.3% in the fourth quarter of 2014. Following this news, the pair has fallen 30 points since opening today. The major cause of the growing trade deficit is the falling price for dairy products...

17 Jun 2015LiteFinance

The NZD/USD pair got offered at 0.7010 earlier today, after which it fell into losses to trade at 0.6987 ahead of the European session...

16 Jun 2015Octa

The RBNZ lowered its key interest rate by 25 bps to 3.25% when it was expected to remain at 3.5%. According to the regulator, the low prices for dairy products, and the high fuel prices will put pressure on net exports and household income...

11 Jun 2015Exness

Awaiting the meeting of the RBNZ at 00:00 (GMT+3) on Thursday, market participants express different opinions about the monetary policy and the decline rate in the interest rates in New Zealand. Even if the interest rate does not lowered on Thursday...

10 Jun 2015LiteFinance

The New Zealand dollar declined against the USD last week due to strengthening in the American currency. The USD was supported by the positive inflation data. On Friday the USD went up after the release of the consumer price index excluding food and energy for April...

25 May 2015LiteFinance

Let us look at the four-hour chart. Tenkan-sen line is below Kijun-sen, they are both directed downwards. Chinkou Span line is below the price chart; current cloud is descending...

21 May 2015LiteFinance

Buy on a level breakthrough of 0.7443 with 0.7543 target. Stop loss = 0.7390. In Q1 2015, the manufacturer's selling prices in New Zealand decreased by 0.9% (q/q) in comparison with Q4 2014...

19 May 2015Exness

On Wednesday, the price of the pair NZD/USD continued to rise, reaching weekly highs at the level of 0.7564. However, the NZD failed to maintain...

14 May 2015LiteFinance

Let’s look at the four-hour chart. Tenkan-sen line is below Kijun-sen, they are both horizontal. Chinkou...

8 May 2015LiteFinance