Risk remains on the upside, but with no clear increase in momentum, New Zealand Dollar (NZD) may not be able to break above 0.6080 against…
NZD/USD retreated from an eight-month high of 0.6081, recorded on Thursday. US Weekly Initial Jobless Claims climbed to 247,000, above the expected 235,000. Market sentiment…
NZD/USD gains traction to around 0.6035 in Thursday’s early Asian session. US ISM Services PMI unexpectedly contracted in May, the first time in nearly a…
Traders who have been seeking upside price action in the NZD/USD may have found profitable upside in in recent weeks, this as the currency pair…
Potential signal: If we get a daily close above 0.6060, I’m a buyer of the New Zealand dollar against the US dollar, with a stop…
NZD/USD gains ground to near 0.6000 in Wednesday’s early Asian session. US JOLTS Job Openings rose to 7.39 million in April, above the consensus. US…
NZD/USD gains ground as the US Dollar depreciates following the Trump’s new tariff threats. President Trump plans to increase import tariffs from 25% to 50%…
New Zealand Dollar retreats below 0.5950 after rejection at the 0.6000 psychological area. The USD is witnessing short-covering ahead of the US PCE Prices Index…
NZD/USD loses ground as traders adopt caution ahead of US PCE inflation data due on Friday. The US Dollar may face challenges as the federal…
Potential signal: I would buy the NZD at 0.6050 with a 100 pip stop loss, looking to get a move to the 0.6320 area. The…