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NZD/USD Is Looking For A Reason To Recover: External Background May Help
Thursday, September 12, 2024 - 9:33am | 512Read More...By RoboForex Analytical Department NZD/USD is attempting to recover from yesterday’s decline on Thursday and is heading towards 0.6148. The pair came under downward pressure on 29 August, and since then its attempts to stabilise have not brought any tangible result. The ambiguous US inflation...
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NZD/USD Faces Downward Pressure Amid US Political Developments And RBNZ Rate Speculations
Monday, July 22, 2024 - 8:00am | 534Read More...By RoboForex Analytical Department The NZD/USD pair is experiencing a significant downturn, trading around 0.5996. Several factors influence this decline, including global political developments and domestic monetary policy expectations. The recent announcement by US President Joe Biden that he...
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The New Zealand Dollar Faces Growth Challenges
Thursday, June 20, 2024 - 9:11am | 535Read More...By RoboForex Analytical Department The NZD/USD pair declined to 0.6135 on Wednesday, despite the New Zealand dollar performing much better in the previous session. It rose in response to the fall of the US dollar, which was triggered by weaker-than-expected US retail sales data. These results...
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The New Zealand Dollar Is Falling
Monday, June 17, 2024 - 8:59am | 526Read More...By RoboForex Analytical Department Like other major currencies, the New Zealand dollar is under pressure from the strong US dollar. This development comes after the Federal Reserve's updated forecasts last week. Stock market expectations point to only one interest rate cut this year, most...
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New Zealand Dollar Shows Stability Amid US Economic Concerns
Wednesday, June 5, 2024 - 9:37am | 595Read More...By RoboForex Analytical Department The NZD/USD pair is stable, consolidating around 0.6189 on Wednesday. The New Zealand dollar maintains a sideways trend and appears relatively robust in the current market environment. Recent pressure on the US dollar, triggered by disappointing employment...
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New Zealand Dollar Gains For Second Day Against US Dollar
Friday, May 31, 2024 - 10:49am | 574Read More...By RoboForex Analytical Department The New Zealand dollar continues its ascent for the second consecutive session against the US dollar, resulting in the NZD/USD pair climbing to 0.6125. This increase is attributed to recent US economic data indicating slower-than-expected growth in Q1, suggesting...
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The New Zealand Dollar Shows A Steady Rise
Wednesday, May 22, 2024 - 9:49am | 555Read More...By RoboForex Analytical Department The NZD/USD pair is preparing for a mid-week rally, approaching the 0.6116 level. These current values mark the highest point for the Kiwi in two months, following the Reserve Bank of New Zealand's decision to maintain its monetary policy structure unchanged...
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NZD Hits Five-Month Low Against Strong US Dollar
Tuesday, April 16, 2024 - 9:34am | 494Read More...By RoboForex Analytical Department The New Zealand dollar has plummeted to a five-month low, with the NZD/USD pair touching the 0.5890 mark. This decline was triggered by the release of robust American retail sales data, which raised concerns that the Federal Reserve might delay interest rate cuts...
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Economic Spotlight: New Zealand And Australia's Currencies
Wednesday, July 22, 2020 - 12:14pm | 2290Read More...Since 2011, the currencies of Australia (AUD) and New Zealand (NZD) have fallen versus USD. Of the two, NZD has done a little better. While AUD has fallen 31% versus USD since the beginning of 2011, NZD is down about 15% over the same period (Figure 1). In fact, AUD peaked versus NZD nine...
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New Zealand GDP Preview: Slowdown Expected. Reaction Depends on the Fed as Well
Monday, December 17, 2018 - 2:40pm | 477Read More...New Zealand is expected to report a slowdown in Q3 2018, following Australia. Low expectations provide scope for an upside surprise. The Fed decision, scheduled a bit earlier, will impact the magnitude of the reaction. New Zealand releases its Gross Domestic Report for the third quarter of...
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RBNZ Holds at 2.50%, Signals Tightening
Thursday, April 29, 2010 - 7:02am | 677Read More...The RBNZ (Reserve Bank of New Zealand) held its key interest rate, the OCR, unchanged at a record low 2.50% but signalled that a start on the path to neutral monetary policy is imminent: “As previously indicated, we expect to begin removing policy stimulus over the coming months, provided the...
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Top 5 Graphs: Are inflation risks rising in developed economies?
Friday, April 23, 2010 - 5:03pm | 1421Read More...Are upside inflation risks rising in developed economies? That's one question we look at in this week's edition. First up is a synopsis of the UK GDP figures, then a look at rising British inflation, the Bank of Canada decision and inflation rate, the surge in US producer prices, and a look at New...
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Top 5 Graphs: Are inflation risks rising in developed economies?
Friday, April 23, 2010 - 5:03pm | 1421Read More...Are upside inflation risks rising in developed economies? That's one question we look at in this week's edition. First up is a synopsis of the UK GDP figures, then a look at rising British inflation, the Bank of Canada decision and inflation rate, the surge in US producer prices, and a look at New...
