nzd/usd News

Kiwi dollar up ahead of RBNZ statement
The New Zealand dollar rose today as traders squared up positions ahead of tomorrow's monetary policy statement by the Reserve Bank of New Zealand.Kiwi dollar regains lost ground
The New Zealand dollar regained lost ground against the greenback and strengthened against the euro, as the European currency declined on concerns peripheral euro zone economies could face debt problems similar to those of Greece.Yen Falls to Two-Week Low Against Kiwi on Asia Recovery Signs
March 10 (Bloomberg) -- The yen declined to a two-week low against New Zealand’s dollar on speculation Japan’s economic recovery will lag behind the rest of the Asia-Pacific region.Kiwi dollar rises strongly on good US jobs data
The New Zealand dollar rose strongly after a report showed United States employers cut fewer jobs than expected last month, boosting hopes a US economic recovery is on track.The renewed optimism encouraged investors to buy stocks...Yen Drops Toward 2-Week Low Against Kiwi on Asia Recovery Signs
March 10 (Bloomberg) -- The yen dropped toward a two-week low against New Zealand’s dollar on speculation Japan’s economic recovery will lag behind the rest of the Asia-Pacific region, spurring demand for higher-yielding assets.Kiwi dollar finds its feet
The New Zealand dollar rose strongly after a report showed United States employers cut fewer jobs than expected last month, boosting hopes a US economic recovery is on track.Yen Trades Near 2-Week Low Against Kiwi on Asia Recovery Signs
March 10 (Bloomberg) -- The yen traded near a two-week low against New Zealand’s dollar on speculation Japan’s economic recovery will lag the rest of the Asia-Pacific region, spurring demand for higher-yielding assets.NZ dollar holds on to gains
The New Zealand dollar managed to hang on to gains made on domestic economic news yesterday, tending to move around the US70c level overnight. The NZ dollar rose in late morning trade yesterday after news that manufacturing sales volumes increased by a stronger-than-expected 3.1 percent in the December quarter, while residential building work rose 7.4 percent. The kiwi peaked at a two-week high ...NZ dollar regains lost ground against greenback and euro
The New Zealand dollar has regained lost ground against the greenback and strengthened against the euroNZ dollar edges up before NZ, China trade data
March 10 (BusinessWire) – New Zealand’s dollar edged up against most currencies as the euro weakened and traders await local and Chinese trade data and the central bank’s release of its review of interest rates tomorrow.NZ dollar slips as risk rally fades; bonds lower
"Dips in kiwi/Aussie and kiwi/dollar will be limited in the lead up to the RBNZ's monetary policy decision," said Bank of New Zealand strategist Mike Jones. ...Exchange rates: British Pound vs Australian and NZ Dollars
With the lack of data the markets returned to sterling selling in favour of the higher-yielding kiwi dollar. Even as broader risk appetite lost traction, ...Worst-Performer NZ Dollar Drops to Decade-Low Versus Aussie
The kiwi dollar slid 0.7 percent to 68.99 US cents, and declined 0.8 percent to 60.99 yen. Australia's dollar traded at 90.26 US cents from 90.59 cents ...Kiwi dollar pushes above 70c
The data boosted support for the Australian dollar, which climbed above 89 US cents for the first time in almost two weeks, and dragged the kiwi dollar ...Kiwi dollar may rise above US70c on Aust bank move
The Australian dollar was buoyed by rising copper prices in the wake of the Chilean earthquake on Sunday, while the kiwi was helped by higher prices for the ...Petrol prices highest since October 2008
A weaker Kiwi dollar and a rise in the price of oil to over $80 a barrel is to blame, along with a 4c per litre increase in taxes over the last 17 months. ...US Fed Hikes Discount Rate, Kiwi Dollar Falls Below 70c
The New Zealand dollar fell below 70 US cents after the US Federal Reserve decided to hike the discount rate charged to banks for direct loans; ...New Zealand Dollar Extends Friday's Rally, Japanese Yen Weighed by Risk Appetite
As a result, we are likely to see the kiwi-dollar maintain the broad range carried over from the previous month as the near-term rally stalls ahead of the ...

nzd/usd Analysis

NZD/USD Classical 03.10
NZD/USD: Price action has been quite choppy of late, but ultimately we retain a bearish bias and look for the recent highs by 0.7080 to continue to cap gains ahead of an eventual break back below 0.6800 over the coming days.NZD/USD Channel Presents Scalping Opportunity
The NZD/USD has been trading in a tight 300 pip range since early February as ebb and flowing risk sentiment has left the pair without a clear direction. The improving global economy has been offset by lingering concerns that post credit crisis fallout remains, which has been enhanced by the credit issues in Europe.Forex: NZD/USD consolidates above 0.7000
FXstreet.com (Sydney) – The NZD has consolidated gains against the dollar and is above 0.7000. The pair is currently trading at 0.7060. The Kiwi earlier opened on 0.7026 and set an intraday high of 0.7071. The pair finds support at 0.7034, resistance at 0.7081 and is considered slightly bullish.Asian FX market wrap: GBP drifts lower, AUD, NZD drift higher
RBA's Lowe: Australian economy to continue to expand over next few years Australia's March consumer confidence +0.2% Australia's home loans fall unexpectedly Japan's core machinery orders -3.7%, MoM NZD makes steady recovery ahead of tomorrow's RBNZ meeting USD/JPY and EUR/JPY still influenced by talk of repatriations Another brutally boring Asian session which was only notable for the GBP ...NZD short-covering ahead of RBNZ tomorrow
The market is unanimous in it's expectation that the RBNZ will make no change to rates or policy tomorrow, but the market looks to be still sitting short NZD both against the USD and the AUD. The NZD/USD has jumped up 30 pips in the last hour or so as the NZ trading day comes to a close.NZD/USD Range Contingent On Dovish RBNZ
Today’s bounce from the 200-Day SMA could be a sign that upside potential is increasing, especially considering the level of concern during early trading. Credit rating agency Fitch placed Portugal on a negative watch list which reignited concerns that the credit issues in Greece could develop into a contagion for the region.Forex: NZD/USD falls below 0.7000
FXstreet.com (Sydney) – The NZD has reversed recent gains against the dollar and is currently trading at 0.6986. The Kiwi earlier opened on 0.7007 and set an intraday high of 0.7013, however, the pair was unable to hold on to those gains.NZD/USD: Trading the Reserve Bank of New Zealand Interest Rate Decision
The Reserve Bank of New Zealand is widely anticipated to keep the benchmark interest rate at 2.50% this week in an effort to balance the downside risks for the economy, and comments following the rate decision are likely to stoke increased volatility in the exchange rate as investors weigh the prospects for future policy.Forex: NZD/USD rises and trades at 0.7000
FXstreet.com (Sydney) – The NZD has reversed recent losses against the dollar and is currently trading at 0.7000. The Kiwi earlier opened on 0.6958 and set an intraday high of 0.7012. The pair finds support at 0.6977, resistance at 0.7031 and is considered strongly bullish.Overnight Interest Rate Update 03.10.10
  Current   Yesterday USD 0.19219   0.19250 GBP 0.53375   0.53500 EUR 0.63750   0.27750 JPY 0.11625   0.11625 CHF 0.04833   0.04833 AUD 3.94000   3.90750 CAD 0.23667   0.23833 NZD 2.66250   2.60500US Stocks Rise Indicating Demand for Risk; EUR USD Gains Ground
Demand of higher yielding assets helped turnaround the AUD USD and NZD USD after earlier weakness. Falling gold and crude oil prices weakened the Canadian ...NZD/USD Range Contingent On Dovish RBNZ
The debt issues in Europe continue to limit risk appetite which supports the continuation of the current NZD/USD range. The one-year anniversary of the 2009 ...Forex - Dollar mixed against major rivals in early US trade
In addition, the US dollar rose against its New Zealand counterpart, with NZD/USD falling 0.22% to reach 0.6994. But the greenback was down against the yen, ...Forex: NZD/USD falls below 0.7000
FXstreet.com (Sydney) - The NZD has reversed recent gains against the dollar and is currently trading at 0.6986. The Kiwi earlier opened on 0.7007 and set ...Forecast on Spot Gold (Spot Gold, NZDUSD, USDSGD)
NZDUSD closed @ 7030 which was ABOVE the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low ...NZD/USD: Trading the Reserve Bank of New Zealand Interest Rate Decision
... we see it prudent to be on the same side of the trade as major institutions and will favor a bullish bias on NZDUSD ahead of the data release. ...Forex: NZD/USD lags AUD as appetite for risk returns; trades at 0.6896
FXstreet.com (Sydney) - The NZD is lagging behind the Aussie in gains by risk currencies. The NZD/USD is currently trading at 0.6896. ...NZDUSD bounced by support level
NZDUSD - Above support level bulls side is safe. Even though candles remain above support barrier, in order to extend current trend, bulls need to climb ...