Conditions remain overbought; instead of rising, New Zealand Dollar (NZD) is more likely to trade in a range between 0.5960 and 0.6020 vs US Dollar…
New Zealand posted a record goods trade surplus with the US in April, led by a surge in agricultural exports. The US Dollar faces headwinds…
NZD/USD is consolidating recent gains around 0.6000. New Zealand’s Q1 labor market data was mixed and still argues for additional RBNZ easing, BBH FX analysts report.…
New Zealand Dollar (NZD) could test 0.5695 vs US Dollar (USD) before the risk of a pullback increases. In the longer run, weakness in NZD…
New Zealand Dollar (NZD) could continue to rebound but any advance is likely part of a 0.5670/0.5725 range. In the longer run, if NZD breaks…
New Zealand Dollar (NZD) is likely to trade in a range between 0.5790 and 0.5840. In the longer run, rapid buildup in momentum continues to…
Further New Zealand Dollar (NZD) strength vs US Dollar (USD) is not ruled out; any further advance is likely part of a higher 0.5785/0.5845 range.…
Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway reiterated the bank’s policy outlook , BBH’s FX analysts report. Weakness in NZD has already…